Insane Levels of Inequality – Which Hurt the Economy – Are Skyrocketing

Sunday, February 24, 2013
By Paul Martin

by George Washington

Preface: All capitalist systems have some inequality. We don’t want to prevent all inequality … just economy-wrecking levels:

Lawrence Katz, a Harvard economist, adds that some inequality is necessary to create incentives in a capitalist economy but that “too much inequality can harm the efficient operation of the economy.”

And you might assume that conservatives don’t worry about rampant inequality … but that is a myth.

The Rest…HERE

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