The letter says: “We know that high inequality undermines all our social and environmental goals. It corrodes our politics, destroys trust, hamstrings our collective economic prosperity and weakens multilateralism. We also know that without a sharp reduction in inequality, the twin goals of ending poverty and preventing climate breakdown will be in clear conflict.”
Exactly. Neo/liberalism is just right-wing feudalism with extra steps. If you allow (let alone encourage) the unmitigated consolidation of wealth (and therefore authority) you will ALWAYS move society rightward. Hence the term “Late-stage Capitalism”.
Economies require trade and incentive to thrive, but there must be limits to how much a person or entity can accrue.
Does that mean you believe society is now more right leaning then it was 40 years ago?