BUT in a healthy economic society there MUST BE inequality.
Uh
huh. Why, exactly? Why is it better that 1 person owns a million $ of
shares, than a thousand people each own a thousand $ of shares?
Because that's how the world works. If someone invents the iPod and hires 1,000 Chinese laborers to put the pieces together to create 1 million iPods, then sells those iPods and uses the money to pay the workers and invest the money back into making MORE iPods ad infinitum it's only fair that the inventor should have the bigger share. After all, the inventor thought it up and put the plans in place to get it out there and he also created all those jobs.
If you were to say he only gets $33,000 and all the laborers also get $33,000 then he'd just not bother even designing and inventing the thing. Why would a Doctor or a nuclear physicist bother putting in all those hours of study, exams, hard work, late nights and no life when he could just become a litter picker or a mail man for the same wage?
IT TAKES AWAY INCENTIVE and incentive is the key. And that's, partly, why communist/socialist states fail 100% of the time.
Also, lets imagine we all have $33,000 and I own a grocery store. Why would i continue selling apples and bananas for £0.20 each? I'd immediately raise my prices to £5.00 each. Then guess what? Im richer than you because everyone is buying fruit for inflated prices because now the value of money is reduced.
Capitalism works. It's not always nice or fair for the individual but it works. The solution to poverty is government intervening and providing a system where no one will starve or have no home but at the same time gives people the incentive to find work and work hard. I myself started off in a dingy one bedroom flat in a rough neighborhood working in a crap job. THIS gave me the incentive to look for a better job, work hard and find better living conditions.