If you push the button, wealth inequality in the US is reduced to 10% of where it is now. This happens by vanishing the wealth of the wealthy, proportionately according to wealth, until the disparity is reduced by 90%. Do you press the button?
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Do you feel similarly about stuff like the lottery?
End of conversation
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Because there’s plenty of places that are successfully not like that, and the general quality of people’s lives is much better. A lot of people suffer needlessly from American inequality for no good reason beyond greed
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Because people have intrinsic value and shouldn't starve. Also, wide financial inequality entails wide inequalities of opportunity. Raising the bottom gives people a fighting chance and efficiently improves welfare.
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