Capitalism and Inequality

Business & Finance
Cover of the book Capitalism and Inequality by Albert Duncan, Xlibris US
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Author: Albert Duncan ISBN: 9781984531650
Publisher: Xlibris US Publication: June 8, 2018
Imprint: Xlibris US Language: English
Author: Albert Duncan
ISBN: 9781984531650
Publisher: Xlibris US
Publication: June 8, 2018
Imprint: Xlibris US
Language: English

This book reinforces the fact that capitalism is not the enemy and that income and wealth inequality are societys cost for economic prosperity and poverty reduction. While recognizing some of the problems associated with inequality, the author shows that inequality is tightly woven into the fabric of the market economy. This book highlights the logical connection between profit, profit motive, wealth creation, and enhanced economic well-being of citizens. It questions the economic logic and effectiveness of government policies aimed at reducing inequality while refuting the use of taxation to promote equality. Using China as an example, the book shows how capitalism has evolved into an efficient wealth-creating machine bringing prosperity to millions.

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This book reinforces the fact that capitalism is not the enemy and that income and wealth inequality are societys cost for economic prosperity and poverty reduction. While recognizing some of the problems associated with inequality, the author shows that inequality is tightly woven into the fabric of the market economy. This book highlights the logical connection between profit, profit motive, wealth creation, and enhanced economic well-being of citizens. It questions the economic logic and effectiveness of government policies aimed at reducing inequality while refuting the use of taxation to promote equality. Using China as an example, the book shows how capitalism has evolved into an efficient wealth-creating machine bringing prosperity to millions.

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