Preface: While conservatives are against redistribution of wealth and liberals want to tax the affluent, conservatives and liberals, the affluent and the less well-heeled should all agree that we have to stop the surge in inequality from rising further:
- As Robert Shiller said in 2009:
And it's not like we want to level income. I'm not saying spread the wealth around, which got Obama in trouble. But I think, I would hope that this would be a time for a national consideration about policies that would focus on restraining any possible further increases in inequality.
- The father of modern economics - Adam Smith - didn't believe that inequality should be a taboo subject
- Warren Buffet, one of America's most successful capitalists and defenders of capitalism, points out, "There's class warfare, all right, but it's my class, the rich class, that's making war ...."
- Conservatives - as well as liberals - are against rampant inequality. But all Americans underestimate the amount of inequality in our country
And even if there is not a revolt, we are already seeing increased crime and the breakdown of society. See this and this.