Capitalism must be inclusive to be fair
By Jacob Walthour
Published on April 2, 2026.
The article discusses the increasing inequality within the United States, with the author suggesting that capitalism, the most powerful engine of economic prosperity ever created, is not working as it should. Despite this, New York City, home to the world's largest financial institutions, consistently ranks among the most economically unequal major cities in the country. The author argues that capitalism can be a double-edged sword, capable of producing persistent inequality and leaving too many people behind. The challenge is to create an economy that expands opportunity rather than deepening inequality. Inclusive capitalism must allow capital to flow to the best ideas regardless of who presents them, allowing for more sustainable economic growth. The article suggests that while capitalism can provide three essential pillars of fair access to capital and entrepreneurship, it can also provide pathways to quality jobs and wealth creation and institutions that reward merit rather than privilege.
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