[onetimeusename]

One thing I have wondered is if income inequality is demonstrably bad. If you read closely the author says that our economy grew quicker post WW2 when income was more evenly distributed but that is not conclusive. The author also says income inequality is bad but the only evidence given for this is that the gini coefficient of US is approaching some banana republics and S. American countries. I personally don't believe income inequality in those countries is the cause of adverse conditions but an effect of it, particularly corruption. The author says that at a certain point the money is used to buy luxury goods in some sort of "arms race" of the rich but I really don't care what the rich do with their money.

I do agree that using the word inequality is worse than using opportunity. I also firmly believe corruption should be ended but I still have not seen a strong argument for why income inequality is bad and I think from a probabilistic perspective, net worth of the wealthy would increase over time so who is to say it isn't a natural process?