America is at a point today where a very small percentage of the population has a very large percentage of the wealth. This may be more or less so than in previous years, but it is true nonetheless.
I agree that a free market economy is the best & most equitable system, but I also believe that a more even distribution of wealth would help alleviate many social problems & lessen the need for State welfare programs.
If we were to switch to a free market economic system now, are there any mechanisms within that system that would redistribute that wealth more evenly? I'm not just talking about getting to keep more of your paycheck either, but about things that would make it easier for many more people to own property or start & maintain a small business without constantly being in debt to the banks?
And speaking of which, is there a plan to end fractional reserve banking so that citizen A cannot legally create money out of thin air & loan it to citizen B with interest?
Does part of this solution have to do with switching to a sound monetary policy instead of fiat money?
It would seem like that to do a free market equitably, you'd almost have to first switch to communism for a week, redistribute the land & wealth, then go free market. : )
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