403 Forbidden


nginx
403 Forbidden

403 Forbidden


nginx
Follow us:
403 Forbidden

403 Forbidden


nginx

Northwest Voices

Seattle Times letters to the editor

May 13, 2014 at 6:03 AM

Income inequality: Capitalism as we practice it must be wrong

Paul Krugman’s syndicated column on really hit me in the gut [“Why economics failed,” Opinion, May 3]. I can’t imagine an economic system being supported where 25 hedge-fund managers make more than twice what all the kindergarten teachers in America make. Capitalism as we practice it must be wrong as that’s the wrong outcome.

Not only is that the case, but our political system gives these 25 hedge-fund managers special tax breaks so they can keep more of their money. Some in our system would want to allow those 25 to pass along these billions of dollars, without taxes, to a dynasty that could live off that in luxury for generations.

We’ve gone off the track. Thank you Krugman for making this so clear.

John Pehrson, Seattle

Comments | More in Economy, Income inequality | Topics: Capitalism, income inequality, John Pehrson

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


403 Forbidden

403 Forbidden


nginx
403 Forbidden

403 Forbidden


nginx