There are two consequences of capitalism:
- Unequal distribution of income and wealth
- Improving living standards for everyone.
You can’t have one without the other. An effort to “spread the wealth around” will only retard the improvement of everyone’s standard of living.
Don’t take my word for it. It takes a lot of reading, learning, and thinking to reach this conclusion. Here‘s a good place to start that journey.
- Income Inequality (jimdew.wordpress.com)