TakeAStepBack
Gold Member
- Mar 29, 2011
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If you mean wealth gap, it won't. Removing restrictions to foster capital ventures in America, and removing the subsidies given to "winners" by government and letting insolvent firms fail will foster fierce competition again. This raises the bar for everyone and creates wealth for all.
Your wishful thinking does not make it a fact. I suggest that you add "Player Piano" to your ever growing reading list.
Or you can start thinking by trying to answer questions like "Will that fierce competition of yours leave everyone with an equal income? If not, then how much inequality it will create? Will that level of inequality remain constant, or it will change over time? How it will change, what will be the driving force for those changes?"
My wishful thinking?
You want me to read a fictitious novel by Vonnegut to better understand economics?
I've already read it along with several of his other works. So it goes.
"equal income" is communist/socialist rhetoric and does not even begin to capture reality.
Sorry, but I have no time to elaborate further. You'll have to stop reading Das Kapital and pick up some new books (besides fiction) to get with the now.