The fact that inequality exists is not the problem, it's the severity of the inequality that is the problem.
Take an extreme example - out of a population of 1000 people you have 1 person owning 99% of the wealth, with the other 1% distributed to the other 999. Does that seem like an efficient, properly operating economy to you?
Obviously there is some balancing needs to happen, the trick is figuring out where the fulcrum should sit for the most efficiency.
Take an extreme example - out of a population of 1000 people you have 1 person owning 99% of the wealth, with the other 1% distributed to the other 999. Does that seem like an efficient, properly operating economy to you?
Obviously there is some balancing needs to happen, the trick is figuring out where the fulcrum should sit for the most efficiency.