A couple of slices:
Extreme wealth disparity is not due to a lack of taxes, but rather a lack of competition. In a competitive market, profit margins are quite low. If any one company tries to set its prices much higher than the cost of production, rivals quickly undercut it. Unfortunately, large parts of our economy are blocked off from competition by laws and regulations. This allows monopolistic corporations to charge exorbitant prices.
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Therefore, it is important to understand how billionaires create and maintain these monopolies that allow them to amass such unfathomable riches.
And:
A lack of competition allows billionaires and their corporations to not make, but take wealth from everyone else. It is not enough to merely tax them on their ill-gotten gains. We need reforms to ensure that they can’t exploit and fleece everyone in the first place.
Do read the whole thing.
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This is neoliberal claptrap.
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The reason government services don’t work well in the US is because the capitalist class (which runs the country, and always has) doesn’t want them to work well. They intentionally sabotage government services, because they want those services to be privatized, so they can own them and profit off of them.
The reason socialism has failed several times is because imperialism does everything in its power to destroy it.
And yet: