My question is why are so many concerned with "wealth inequality" when the actual issue is poverty?
The two are inextricably linked. Mitigating massive wealth inequality, at least a little bit, helps to elevate societies out of poverty.
It's not a radical or even magical idea. Instead of a stagnant underclass, you get a dynamic underclass, one which is merely the starting point where one pays their dues, instead of a dead end where one is born into it and stays in it.
Poverty has the potential to be a fantastic motivator, because human beings are naturally ambitious, but only if there are perceivable, attainable and viable goals. Absent that, you get massive despair instead, and it is wealth inequality that contributes to that.
The concept of wealth inequality does not mean that everyone is entitled to the exact same wealth, it means that those who are the most blessed and most fortunate have some responsibility to help do some of the heavy lifting.
In many parts of the world, wealth inequality is so utterly complete and ingrained that millions routinely starve to death.
But while mass starvation may not be the issue here in the greatest and wealthiest nation on Earth, death and starvation of the soul "on an installment plan" is completely unnecessary.
We have the resources and ability to establish a kind of "floor" to the underclass, we have the resources and ability to establish minimum access to upward mobility, so that people in the underclass can invest their sweat equity in order to climb out of poverty at a greater rate, and put themselves on a path to becoming stable and productive taxpayer members of society.
We have the resources and ability to make it possible for more of these people to have the opportunity to have skin in the game.
And failure to make constructive moves in those directions only serves to further stagnate our growing underclass and the result is always increased despair.
"It's the despair quotient."
Reduce the despair quotient and a lot of our most pressing problems gradually become more manageable.
Addressing enormous wealth inequality simply consists of making it more possible for society to reinvest in itself, and in our future generations.