Comment on Wealth inequality seems like the only outcome in a system where capital gains are taxed less than labor

<- View Parent
FrankLaskey@lemmy.ml ⁨3⁩ ⁨days⁩ ago

The problem is that wealth = power and influence in society and this has led to essentially all modern neoliberal ‘democracies’ having their governments captured and controlled by the wealthy elite. So the only way you would be able to implement something like this would be via a revolution replacing capitalism with some form of socialism that would make private wealth a thing of the past and provide a decent standard of living for all.

source
Sort:hotnewtop