Vlad Tarko 🌐 🏗️(@vladtarko):More capitalist countries have lower income inequality, not higher. High income inequality is caused by cronyism which goes hand in hand with highly regulated markets. Welfare states also lower inequality, but you need free markets wealth to have generous welfare states.

Vlad Tarko 🌐 🏗️

@vladtarko

Associate Professor in the Department of Political Economy and Moral Science at University of Arizona. My books:

가입 November 2007

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Vlad Tarko 🌐 🏗️@vladtarko

2026.05.11 15:46

More capitalist countries have lower income inequality, not higher. High income inequality is caused by cronyism which goes hand in hand with highly regulated markets. Welfare states also lower inequality, but you need free markets wealth to have generous welfare states.