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Recent attention paid to wealth inequality in the US has focused on the potential for extreme forms of wealth inequality to promote authoritarianism and fascism. This attention is notable considering that the discussion about wealth inequality in the US has been largely absent for nearly a century.
Despite numerous calls for increased income and social justice during the early stages of the progressive movement, there was never much concern about wealthy people. The thinking was that as people with wealth controlled enough money, they would use their money to help others and restore justice in society.
This thinking was rebuked by socialists who saw control of capital as a tool used to control people. Socialist thought at that time saw this trend towards dominance by wealthy individuals as an affirmation of capitalism. They felt that by having so much power, they would use it in self-aggrandizement rather than societal improvement.
This lack of concern over wealthy individuals was attributed to their lack of collective identity or community support. It was believed that if someone had enough money, then they would lose interest in organized political action and community support which were key parts of democracy.
How does wealth inequality create fertile ground for fascism?
Wealth inequality is a major driver of fascism. As more and more people become wealthy, and as they spend their newfound wealth in increasingly lavish ways, they increase the appeal of fascism. As people with more money spend more money on things, such as drink and entertainment, they are more likely to support socially-liberal policies like nudism, non-monogamy, free sex, open borders, and government spending.
Examples of wealth inequality
There are a number of ways that money can influence behavior. One way that very wealthy people influence behavior is by spending money. As the rich spend more money, they are said to increase their wealth.
Another way that money affects behavior is through political power. The more money someone has, the more power they have over others.
It is possible for a small group of people to have a large impact on government policies and overall power. This has been true in many countries where there is relatively little income inequality.
In such countries, small groups with lots of money can gain leverage in government without much change coming from normal people like you and me.
income inequality refers to the difference between what you make and what you need to live. A good way to fight income inequality is to work on your own skill set.
Causes of wealth inequality
Two major causes of wealth inequality are a) capitalism, b) government intervention into the free market. Both have negative effects and should be addressed, but we will discuss them later.
Right now, we have two systems of government. One is a capitalist system, where you work hard and are rewarded for it. The other is a government-run system, where you may or may not get rewarded for it.
In the capitalist system, people gain power and money through work. In the government-run system, people don’t necessarily gain money or power through work. They do it by being born into the right family or being fortunate enough to get an education and work their way up in society.
In either system, people are highly competitive and look down on those who do not live in wealth or who did not earn their position in life.
Solutions to reduce wealth inequality
Two solutions can reduce wealth inequality significantly. The first is to adopt a universal basic income. A basic income would ensure that everyone in the world had enough to live on. More than half the world’s people live under a system in which they receive money from the government to help them survive.
Under a universal basic income, people who are able to work would be paid enough to live on. Since they would not have to spend too much of their paycheck buying things, they would be more efficient with it.
The second is to increase the minimum wage. When wages are higher, people will buy things that require more time and energy. This will cause them to save and invest more, which will reduce future wealth inequality.
By investing in their future, people can achieve a solution to reduced wealth inequality.
Learn about different political views
While it is important to learn about different political views, too much information can be a danger.
Too much information can make you feel like you don’t need to take steps to fight inequality, which could lead you to fall back on the status quo.
It is crucial that we learn how others think and message, and how they relate to issues. We need to know our politicians are listening and taking action on our behalf.
Wealth inequality may be a symptom of a larger issue such as poverty or social isolation, both of which are related to opinion and message inequality. By learning how others feel and why they act the way they do, we can influence our own actions and policies to match their principles or goals.
It’s also important for individuals to learn about policy details before making decisions that affect us all.
Stay informed on current events
If you don’t know what’s going on in the world, you’re stay informed on a falling sword-sword of information.
Continuing your education is a cost-pro-blemish that needs to be addressed. There are nearly $60,000 in student loans available, so it is not impossible to learn much about the world and our current events.
Since most people can’t afford to read several books on politics, economics, and social issues at least once per year, here are some more focused reads that will give you some info:
History courses cover very recent events so if you are interested in the past, take a history course.
Speak out against injustice
We live in a society ruled by laws. As citizens, we have the power to change things by using our legal authorities. It’s time to speak out against injustice.
As humans, we are guided by our values and beliefs. If you see something that you don’t think is fair, talk to the people involved to help change it.
Wealth inequality is a sign of a corrupt society, and should be fought against. By supporting social movements that fight wealth inequality, you are contributing to a more just society.
It is your duty as an individual to take action against injustice and speak out for those who cannot do so themselves.
Join a cause you believe in
One important part of becoming more fascist is joining a cause you believe in. When you are surrounded by people who share your beliefs, it helps to reinforce your support for the regime.
Many wealthy people have strong opinions about global warming, and they go to great lengths to influence public opinion on the issue. By being among those who believe in the regime, you are recruiting members of the military and other society members to support the regime.
Including others in your cause can also help make yourself feel better about yourself. You feel better when others agree with you, appreciate, and love you more than you think they do. This can make you feel even more self-assured and powerful.
By being aware of how much money matters to others, how much power they have over you, and what causes they consider important, you can fight internal struggles between these different parts of yourself.