Sure. No, I would not support making everyone worse off. That would be a net loss for everyone, which would be a clearly negative outcome.
But my point is that decreasing income inequality historically has not had the effect of making everyone worse off. So as I said previously, your hypothetical is not a reasonable portrayal of what would happen in a more equal society.
Meanwhile, as inequality increases, you can see the damage right in front of you. Much of an entire generation is unable to afford homes or education without going into massive debt, when their parents could attain these things because economic gains reached more people in the society of that era.
Sure. No, I would not support making everyone worse off. That would be a net loss for everyone, which would be a clearly negative outcome.
But my point is that decreasing income inequality historically has not had the effect of making everyone worse off. So as I said previously, your hypothetical is not a reasonable portrayal of what would happen in a more equal society.
Meanwhile, as inequality increases, you can see the damage right in front of you. Much of an entire generation is unable to afford homes or education without going into massive debt, when their parents could attain these things because economic gains reached more people in the society of that era.