Inequality is not inherently a bad thing. People should be compensated for the value they produce. Profits are a signal of how much people value what is produced. For example, people love iPhones, it no surprise that Apple is the most valuable company in the world. What causes resentment between classes is lack of mobility. This, IMO, is caused by government regulations and a banking system that hurts the middle clas…
Why? That is an opinion, not a fact.
My opinion is that people unconditionally deserve shelter, food, healthcare, education, and liberty.
As efficiency increased we could have made everyone work less. Instead those gains were funneled to owners, to capitalists. Who actually don't produce anything and live off of the labor of others.