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At this state in our economy, those with the most resources have the best chance to get even more resources with little to no effort. Assuming they wish to do s
by tenpoundhammer 13y ago
At this state in our economy, those with the most resources have the best chance to get even more resources with little to no effort. Assuming they wish to do so.
We could easily squash this by reducing investment activities that don't generate economic value, including certain types of stock trading, derivatives, most kinds of futures trading, and by forcing more fair lending practices(which lending does generate positive economic value, but can be a long term binder of the poor).
I'm not sure there won't be unintended consequences by implementing regulations in this area. But it would help to flatten the income inequality curve while also lowering prices and increasing stability of common goods like oil, corn, and whatever else people are betting in the futures markets.