I’d gladly replace “inequality” with “ensuring more people have lower levels on Maslow’s hierarchy met”—I was thinking about inequality world-wide and the negative psychological effects of scarcity and risk-aversion. And I do agree that egalitarian reforms may often harm private investment.
I don’t advocate equality as a good per se; however, I guess too much inequality may also increase a feeling, at least for some people, that some goods “are not for them”—that there’s no point in saving, because the future will be (best case scenario) just like the present, for them and for their descedants. There’s no point in long-term planning for these people, and I guess they don’t care very much about future generations.
I’d gladly replace “inequality” with “ensuring more people have lower levels on Maslow’s hierarchy met”—I was thinking about inequality world-wide and the negative psychological effects of scarcity and risk-aversion. And I do agree that egalitarian reforms may often harm private investment.
I don’t advocate equality as a good per se; however, I guess too much inequality may also increase a feeling, at least for some people, that some goods “are not for them”—that there’s no point in saving, because the future will be (best case scenario) just like the present, for them and for their descedants. There’s no point in long-term planning for these people, and I guess they don’t care very much about future generations.