JOHN CHUCKMAN COMMENT: SOMEONE WRITES “INEQUALITY IS NOT INEVITABLE” – THEY ARE WRONG BUT THERE IS STILL AN IMPORTANT ROLE FOR GOVERNMENT

John Chuckman

COMMENT POSTED TO AN ARTICLE IN THE GUARDIAN

“Inequality is not inevitable’

You really do have to be careful using words like those.

Defining “inequality” is not easy, and you cannot measure it in just dollars.

And that “not inevitable” is an assertion with which I cannot agree.

Free markets always generate inequality. It is part of what capitalism is about in the concentration of capital resources.

Good governments work towards constant amelioration of the effects of this ongoing force upon citizens. They do so through taxation, redistribution policies, and social services.

But their goal can never be true equality, which is undefinable and unreachable and can only cause the economy to lose its drive.

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Posted December 14, 2017 by JOHN CHUCKMAN in Uncategorized

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