| As a libertarian I also dislike the "crabs in a bucket" mentality people have towards inequality because it is clearly motivated by jealousy, but the massive amount of inequality we see today seems to undermine some of the assumptions behind democracy. I think the reason why the social contract of democracy evolves from natural law is that the basic assumption is that we all have about the same fighting power, and voting is representative of this. This assumption does not hold when some minorities have 1000x the economic power but 1x times the voting power: the majority of people will vote to redistribute wealth, while the rich will be motivated to destabilize the peace and take advantage of their disproportionate fighting power directly (killbots? [1]). Additionally, special interest groups will lobby to protect their cash cows. An increasing amount of the economy flows through government expenditure (including tax incentives, nationalization, etc.), for example palantir, flock, openAI and others. We live in an increasingly planned economy. In the USA, we import pretty much everything and we only build for the military and real estate. The state of inequality is also concerning considering the recent technological improvements that threaten to totally devalue all labor. There's this notion that the lives of the 1% don't matter as long as we raise the standard of living for the lower class as you suggest, but what is happening now is more like a doomsday situation where we are pulling the ladder up and consigning the working class to the chasm of liquid hot magma below [0] [0] https://www.youtube.com/watch?v=yVo1S52xdpI
[1] https://www.youtube.com/watch?v=O-2tpwW0kmU |