|
To me, you are asking the question backwards. It's not allowing inequality that causes our rate of innovation. It's having a open system, where 2 guys in a garage can create a world class business, not once but multiple times. (not just Apple started in a garage, but HP did also (a generation before)). But there were a dozen (or more) other garages at the time that failed. The result is a more inequal society. The inequality is not a cause of innovation, but a product of it. If you don't have people doing those garage inventions, you will have a more equal society, but much less innovation. (You can have a very inequal society, and not have great rates of innovation. Think USSR circa 1950.)
|