Neoliberalism Questions
The neoliberal view on economic inequality is that it is a natural outcome of a free market economy and should not be a major concern. Neoliberals argue that economic inequality is necessary to incentivize individuals to work hard and innovate, which ultimately benefits society as a whole. They believe that government intervention to reduce inequality, such as progressive taxation or wealth redistribution, hinders economic growth and individual freedom. Instead, neoliberals advocate for policies that promote free trade, deregulation, and privatization, as they believe these will lead to overall economic prosperity and eventually reduce inequality through trickle-down economics.