How The Dutch Economy Shows We Can't Reduce Wealth Inequality With Taxes

[jaichind]

The way to reduce wealth inequity is to allow polygamy from a legal and social point of view.  Very wealthy men would have multiple wives and where all their children will be accepted by society which would incentivizes quality women to choose to be one of many wives of very wealth men.  In such a situation spending on all these families (wives and children) will dissipate the wealth and shift income downward in the wealth hierarchy toward those providing services for all these extra families.

[jaichind]

The way to reduce wealth inequity is to allow polygamy from a legal and social point of view.  Very wealthy men would have multiple wives and where all their children will be accepted by society which would incentivizes quality women to choose to be one of many wives of very wealth men.  In such a situation spending on all these families (wives and children) will dissipate the wealth and shift income downward in the wealth hierarchy toward those providing services for all these extra families.

What an idiotic idea. A large proportion of young men without prospects of marriage is a guaranteed recipe for violence.

Well, I was commenting on the isolated problem of reducing wealth inequity.

Also, at least in the USA, marriage rates are falling quite quickly despite gay marriage becoming legal in many states recently which means heterosexual marriage rates are falling even faster then recent numbers would suggest



In other words, the market is not clearing anyway so you might as well shift the dynamic

Also polygamy would fit historical pattern (we have twice as many women ancestors than man ancestors which would imply half the men in history never had any offspring and any man that did have offspring had on average two women partners) which are unlikely to change

https://www.theguardian.com/science/2014/sep/24/women-men-dna-human-gene-pool

The only issue is would such a dynamic take place in the open of in secret.

[jaichind]

The amount of incels and income disparity in the Gulf and South Asia kind of disproves your point, no?

Is that even really true?  Namely GINI in Pakistan and Bangladesh where polygamy is legal is actually a good deal lower than USA and at par with places like Canada.  You can argue that relative economic underdevelopment might hold back the forces of economic inequity.  Now if you look at Saudi Arabia where the level of economic development is higher the GINI coefficient is fairly high and just as high as places like USA and HK.   But there the key data is that GINI is calculated at the family level. Given the legality of polygamy in SA the wealthy families will be 4 times larger than the typical middle income class family (4 wives and children that comes with it vs 1 wife and children).  So on a per capita basis GINI in SA is most likely lower than USA.