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CrazyMetoFQ t1_j7arihm wrote

Isn't more government control supposed to reduce inequalities

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Common_Cucumber2446 t1_j7blfad wrote

Economic Freedor is not equivalent to goverment control

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Chipofftheoldblock21 t1_j7bmg8m wrote

It’s evidently a big factor however - “Economic Freedom” is pushed by the Heritage Foundation and the Cato Institute, and a big factor is “freedom” from regulation, taxes, etc.

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CrazyMetoFQ t1_j7bpb4u wrote

It is directly proportional

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Common_Cucumber2446 t1_j7dhto6 wrote

Nop, If you check the Economic Freedom Index some items need more government control, like property rights or judicial effectiveness.

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CrazyMetoFQ t1_j7f6icu wrote

I meant stuff like restrictions on business and stuff

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SteveInMotion t1_j7bqlsi wrote

Government often intends to reduce inequalities but the unintended consequences are the opposite. As Bono said: “I thought that if we just redistributed resources, then we could solve every problem. I now know that’s not true. There’s a funny moment when you realize that as an activist: The off-ramp out of extreme poverty is commerce, it’s entrepreneurial capitalism.”

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