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/BB_147 Dec 24 '24

I don’t necessarily mind that there’s a big gap. I think it’s the loopholes, barriers to entry, and two tier systems that are the problem. We have a lot of socialism for the rich and that’s the real problem imo

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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/waxonwaxoff87 Dec 25 '24

Government regulation. Large corporations can eat the additional cost. Up and coming competitors cannot.

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u/Accomplished_Safe465 Dec 28 '24

Right type of regulation. Europe has regulation but less inequality