Wealth inequality is
productivity inequality, not having-less of a fixed amount.
"Fixing" wealth inequality by decreasing the productivity of the wealthy is madness.
"Inequality" is a feature of exchange and production, it cant be "fixed". The lives of those who suffer most can be improved by helping them be more productive. Not by hobbling everyone else. That fails to improve anything.
EDIT:
To clarify, the inequality is in what you can do with your total current assets: including time/effort, but CURRENT WEALTH.
Yes, Jeff Bezos can do more with $100B than you can with $100. And yes, you with 100$ can do more than a person with 1$.
People in poor countries produce things at a rate and with such general demand that their current assets (including their time/effort) arent very productive.
Bezos can make another billion without taking it from anyone, just by deploying his assets better than you cna.
"Fixing" wealth inequality by decreasing the productivity of the wealthy is madness.
"Inequality" is a feature of exchange and production, it cant be "fixed". The lives of those who suffer most can be improved by helping them be more productive. Not by hobbling everyone else. That fails to improve anything.
EDIT: To clarify, the inequality is in what you can do with your total current assets: including time/effort, but CURRENT WEALTH.
Yes, Jeff Bezos can do more with $100B than you can with $100. And yes, you with 100$ can do more than a person with 1$.
People in poor countries produce things at a rate and with such general demand that their current assets (including their time/effort) arent very productive.
Bezos can make another billion without taking it from anyone, just by deploying his assets better than you cna.