I think that redistributing wealth is essential to having a functional society (where I define functioning as being moderately stable and in some meaningful way reducing the suffering of those who live within it).
And, if you do it right over the long time you create more wealth, more specialization, more complexity...
Now if you overdo it that is really bad... but I look at inequality right now and wonder if I should start up a guillotine shop.
20th century communism would not provide a lot of evidence in favor of that theory.
They (the mixed economies of the West and, even within that set, those with the most redistribution and strongest social safety nets) are.
> 20th century communism would not provide a lot of evidence in favor of that theory.
20th Century Communist regimes (Leninism and it's descendants) wasn't redistributive on an ongoing basis, it was simply a one-time transfer of effective power over the entire economy from one narrow elite to another, hence why non-Leninist Marxists often referred to it as “state capitalism”.