Monday, November 28, 2016

The Engine of Inequality: Privilege

We have seen that whenever ownership of the engines of wealth creation is concentrated in the hands of a few, the inevitable result is poverty. And if the State has unlimited power to expropriate private income streams, the result is highly unequal distribution of wealth as the State’s insiders scoop up the wealth.

http://www.oftwominds.com/blognov16/inequality11-16.html

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