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Comment by solatic

Unequal distribution of rewards (i.e. according to merit) is fine and desirable (as a motivating force). The problem's roots are when the distribution of rewards becomes hereditary, that the children of the wealthy have near-guaranteed access to the best educational and social institutions, have near-guaranteed access to startup capital (i.e. from their parents), are usually provided with necessities (food, housing, clothing, incidentals) at no out-of-pocket cost by their parents for a considerable portion of their early adult lives, etc. It is the hereditary nature of wealth which is the largest contributor to long-term inequality.
parent solatic 5 years ago

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