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However, the key question for the working people is this: What is the source of income inequality in capitalist societies? Neither of these notable economists nor the “left-wing” politicians who popularize their views such as Bernie Sanders or Ocasio-Cortez takes up this question. The answer is capitalism itself. As long as the social means of production are the private property of a small section of society, the capitalist class, and the vast majority of the population has to sell our labor power for a wage or salary, national income would be distributed unequally between the “haves” and “have nots,” between those whose income comes from wages and those whose income comes from profit (and financial capitalists who collect interest and capitalist landlords who collect rent). Income inequality is built into the capitalist mode of production, just as unemployment and poverty and other ecosocial ills are built into it. The reformers of capitalism, those who work to ensure it is maintained and efficiently run as a system, constantly work to address alleviate these systemic problems.
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