Your Solutions to Inequality are Laughably Inadequate
[At our sub-blog, my co-blogger Vikram Bath made a post this morning that I think deserves some love from the front page. Below is a lead-in as a teaser and the link to the full post at Not a Potted Plant. See you there! — Burt Likko.]
There is a question as to whether inequality matters or not. We’re not dealing with that here. Let’s go ahead and assume for the purposes of this post that it does, action is justified, and we are in charge of fixing the world.
I have yet to hear anyone suggest a solution to inequality that isn’t some form of using resources from high-income (or wealthy) households to fund direct payments to or additional services for low- or no-income (or poor) households.