Nobel economist Angus Deaton: we're asking wrong questions about inequality

So his point perhaps is the inequality to focus on is the disproportionate political leverage enjoyed by large corporations and the wealthy.

Seems a bit of a chicken and egg situation though. Those with more money can buy legislation that enables them to maintain or enhance their ability to extract wealth which begets the next cycle.

Breaking the political leverage is something the non-wealthy majority can do through voting for a party that will reign in political donations.

Obligatory note that the Nobel-Economics prize is nothing to do with Alfred Nobel, and was setup entirely separately by The Swedish Central Bank.

https://oliverhartwich.com/2013/10/25/abolish-the-nobel-priz...