Today, there are protests all over America that are targeting "the one
percent" and all of the wealth and power that they have accumulated. Unfortunately, many of the solutions that these protesters are
advocating simply will not work and will not lead to less wealth
inequality. To understand this, you have to understand how we got to
this point. Over the past several decades, our federal government has
exploded in size and our large corporations have exploded in size. In
fact, we have seen this pattern happen pretty much all over the world. Governments and corporations all over the globe are getting much
bigger. Whenever you have very, very large concentrations of money and
power like that, it is going to lead to massive wealth inequality. The
Occupy Wall Street protesters would like to frame this debate as
"socialism vs. capitalism", but the truth is that wherever you find big
government you will almost always find big corporations, and wherever
you find big corporations you will almost always find big government. Sure, they spar once in a while, but the reality is that big government
and big corporations work in tandem most of the time. Sometimes big
government has the upper hand and sometimes big corporations have the
upper hand, but they are both collectivist institutions. Wherever you
find collectivism in the world, you will find an elite that receives
most of the benefits while the rest of the population suffers. In the
United States today, our gigantic government is thriving and our
gigantic corporations are thriving and the middle class is rapidly
shrinking. The solution to this is not to replace one form of
collectivism with another form of collectivism. Rather, what we need is
to go back to what our founding fathers intended. They were extremely
suspicious of large concentrations of wealth and power, and they
intended for us to live in a capitalist system where individuals and
small businesses had the freedom to compete and thrive.