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This is a poor way to promote free market economics. Most people don't want to see a tooth and claw society where low income families are torn apart by hungry c
by jiggy2011 13y ago
This is a poor way to promote free market economics. Most people don't want to see a tooth and claw society where low income families are torn apart by hungry capitalists.
It is certainly true that wealth disparities may be the price paid for the benefits of a free market economy but that does not make them unimportant. I think most would agree that an extreme case where a single individual owns 100% of the wealth and nobody else has anything would be a poor society, so the question becomes where does one start to worry?
If somebody can be one million times more productive, and you are one of the million people put out of work and unable to find further employment then you absolutely do lose.