The Wealth Gap—As a democratic
socialist…or more appropriately, a social capitalist, or capital socialist (we
must not conflate, as most do, democracy with capitalism). It is economically
healthy that there are entrepreneurs/owners of super wealth, but those owners to
change approximately each generation to avoid entrenched wealth. This can be
accomplished with a redistribution of
wealth via a steep progressive tax and stiff inheritance tax. There is no other
way. A healthy economy must have money in circulation and entrenched wealth
slows circulation. Also, a society cannot have equal opportunity without
redistribution of wealth.
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