The real question is
“What kind of society do we want”
The Economist’s answer is
“One which favours the wealthy”
It doesn’t have to be that way.
The Economist - & so much of our media - oppose wealth taxes as they say they "deter innovation."
Every year graduates leave with huge debts they'll spend their entire lives paying off.
Even with a wealth tax, the incredibly wealthy will still make money on their assets.
youtu.be/F8mfqPNdENw?...