Reeling in out of control price increases on the most important expenses like health care, education and housing would do more to improve the lot of the poor than any redistribution scheme.
Now, redistribution may be a necessary part of lowering costs. Like establishing government run health care to control cost increases and investing in public universities to radically reduce or eliminate tuition.
This approach helps everyone, but disproportionately helps the poor. And controlling costs will help the poor more in the long run, I believe, than any redistribution scheme that doesn't address skyrocketing costs.
I think what both approaches miss, is the biggest underlying problem is Cost Disease:
https://slatestarcodex.com/2017/02/09/considerations-on-cost...
Reeling in out of control price increases on the most important expenses like health care, education and housing would do more to improve the lot of the poor than any redistribution scheme.
Now, redistribution may be a necessary part of lowering costs. Like establishing government run health care to control cost increases and investing in public universities to radically reduce or eliminate tuition.
This approach helps everyone, but disproportionately helps the poor. And controlling costs will help the poor more in the long run, I believe, than any redistribution scheme that doesn't address skyrocketing costs.