Discussion about this post

User's avatar
Akmal Abdurazakov's avatar

this is a very interesting blog post. I see only one issue with the author's arguments. In a capitalistic system, profit is the paramount objective. For capitalists, there is no sense to segregate children from poor households and create a caste system. if they do so, they will lose everything; and they know about this. high inequality in the capitalistic system such as in the US is a direct product of two absolutely meaningless wars. The electoral system of the US failed in 2000. The cost of it was high in terms of an unacceptable level of inequality and political disordering with the emerging of trump(ism).

Expand full comment
Corbin Supak's avatar

should gini coefficient or similar be a fed target, like interest rates and unemployment?

Expand full comment
4 more comments...

No posts