Earlier quoted context omitted.
Be interesting to see where you think he's wrong especially where his arguments are based on some uncompromising statistical facts.
It's not that I disagree with his use of statistics, but my own philosophical framework (particularly inspired by the ideas of J.E. Roemer, Gerry Cohen, Nitzan & Bichler, and more recently Roberto Veneziani) sees serious problems (I think exploitation, domination, alienation, and insufficient focus on capabilities qua equality of opportunity) with not only capital in general but the state too. I can't easily recall t…
https://medium.com/incerto/inequality-and-skin-in-the-game-d...
>>with not only capital in general but the state too
Why should capital in general be a problem? Isn't it crony capitalism the actual problem? If you are very rich, that isn't usually a problem to your neighbor. But if you are very rich and can thus get away with tax evasion but your neighbor lands in jail for the same reason, isn't that when it actually becomes a problem?