Joseph Stiglitz have made a convincing argument that inequality can entirely be explained by rents. That without rents (coming from monopoly power, companies influencing politics, private ownership of land) we will not see rising inequality. Which suggests that we can prevent excessive inequality with anti trust laws, land value taxes, and heavier protections against political regulatory capture.
Any politician who has been “regulatorily captured”. https://en.wikipedia.org/wiki/Rent-seeking
Joseph Stiglitz have made a convincing argument that inequality can entirely be explained by rents. That without rents (coming from monopoly power, companies influencing politics, private ownership of land) we will not see rising inequality. Which suggests that we can prevent excessive inequality with anti trust laws, land value taxes, and heavier protections against political regulatory capture.