There are many Democrats who say they want to address
the problem of inequality of wealth. It would be much
better if they would say they want to address the *causes*
of inequality of wealth.
Otherwise, when most people hear that someone wants to
address wealth inequality, they assume that person means
raising income taxes, on individuals and businesses - so,
many people then turn away and won't listen further or read further, and wouldn't hear whether you might be
talking about addressing the *causes* of wealth inequality, and are not advocating higher income taxes.
So, if you word it as addressing the *causes* of wealth inequality, then you have a better chance that they
would listen further or read further. Then they could find that addressing the main *causes* of wealth
inequality means addressing corporate subsidies and other favoritism to special interests.
That includes such corporate welfare and other favoritism as: bailouts to favored corporations; special tax breaks that only they get, not other people; various laws that hurt other companies but not theirs; and especially the problem of laws that promote concentrated control of land and natural resources, which skews the entire economy - it raises the prices of everything, hinders job creation (so that job shortages lead to lower wages), results in concentrated control over industry, and leads to unnecessary poverty.
The corporate welfare and special interest problem is the main cause of wealth inequality and economic problems - yet most politicians don't address that central issue, which is why we see the continued misleading and superficial debates between different political parties. So, addressing those central *causes* of wealth inequality could be an important and fruitful approach for the Democratic Party, and this approach is compatible with the DFC Platform and Principles.
Democratic Freedom Caucus (DFC)
Have something to say?
Submit YOUR blog-article to RI Free Radio: