More money in the hands of the entire population have a multiplicative effect in the economy, as it spurs more spending, and that spending is organic choices by tons of people, rather than it just sitting in the investment accounts of a few wealthy people.
The fuel of capitalism is a large population of consumers. To be extent that we have inequality and we have lots of people that are unable to make economic choices due to poverty, we limit the growth of the economy.
The fuel of capitalism is a large population of consumers. To be extent that we have inequality and we have lots of people that are unable to make economic choices due to poverty, we limit the growth of the economy.