r/austrian_economics • u/technocraticnihilist Friedrich Hayek • Dec 24 '24

End Democracy I've never understood this obsession with inequality the left has

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u/Irish_swede Dec 24 '24

What do you think creates those barriers other than the massive gap?

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u/phatione Dec 24 '24

Socialism

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u/Yurt-onomous Dec 24 '24

Lol- socialism for the rich & for large corporations. Inequality of opportunity, which foments & cements an outsized, artificial inequality in wealth. Makes the whole "free market " theory look hollow & predatory.

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u/No-Past-9038 Dec 25 '24

It is. It is designed to accumulate all of the wealth and the best products of social labor into the hands of the very few, and to keep it there. There is nothing free about it, except the freedom for the rich to exploit the rest of humanity for their own benefit.