"Even Adam Smith, considered the father of capitalism, favoured higher taxes on the rich, and seemed to have people like [Canadian Finance Minister Jim] Flaherty in mind when he warned that the “disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least to neglect persons of poor and mean condition . . . is . . . the great and most universal cause of the corruption of our moral sentiments.”"
Full article: McQuaig: How to make inequality obsolete.
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