The greatest income inequality is in socialist countries like Cuba, Venezuela, North Korea, and China.
The healthiest and most vibrant economies have a large range of incomes, with most of the income in the center.
I did not say that income inequality is “bad”.
My comment was only referencing the argument of the Left, not making their argument.
I did not say that income inequality is “bad”.
My comment was only referencing the argument of the Left, not making their argument.
And you are right about socialism.
It “flattens the curve” by making the majority more equally burdened by how much more the state takes from what they earn (there are never enough “high income earners” to take what socialism must take for the state, so everyone is more burdened by the state), and their own elites, like all elites, remain at the top.