1/ The main conduit of wealth inequality is unfair tax policy. For the last 40 years we’ve been transferring wealth into the hands of a few through increasingly reduced taxes for top earners as well as corporate subsidies and financial deregulation.
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Capitalism itself is inherently neutral. We have a tradition in America of pushing back against overreach by capitalism: labor unions, child labor laws, anti-trust laws etc. But in 1980 they started deregulating capitalism & deregulating banks, turning it into an unfettered force
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Love ya Marianne but I gotta disagree. If a system is inherently amoral that means it's implicitly immoral. Having "the bottom line" by your sole driving motivation isn't amoral by any reasonable standard, and if a system needs human misery to survive that system is indefensible.
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Replying to @dbeatdadrocker @mcleftington
It’s an amoral system that has produced immoral results for the reason I said: deregulation. Capitalism doesn’t necessitate exploitation or human misery. When regulated appropriately, lots of money can still be made for stockholder & workers. German and other economies prove it.

Aug 22, 2020 · 7:05 PM UTC

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Replying to @marwilliamson @mcleftington
I still disagree but i dont think its worth getting into the weeds of it all when these are all disagreements on the path to imagining a more empathetic society, which is already dark enough as it is.