> Wealth inequality can rise without regulatory capture. Government is not the source of all evil. Smaller govenrment would just lead to further concentration of wealth and power within the private sector. We need a balanced system, not blind devotion.

But there's the problem: The person you're replying to clearly thinks there's too much government. You seem to think there's not enough.

If I had to pick a side of this to bet on, I would bet on it being "too much" rather than "too little" at this point, simply because in the trend has been for the US government to get larger over time, not smaller. The bigger it gets, the less likely it is that it's "not big enough". I understand that the responsibilities we've delegated to the government continue to increase in complexity, but complexity drives exponential growth, which I would also weigh against the "there's not enough government" argument.

Also I'm really not convinced by the argument that "smaller government would just lead to further concentration of wealth and power". I think we agree that wealth is becoming increasingly more concentrated--but so too is the size of the government. There's simply more direct evidence that wealth concentration grows as government complexity grows, at least in the US, because that's literally what appears to be happening!

I would wager that if I look into relative size of a country's government and its concentration on wealth, I'd find that they're not terribly correlated; or if they are, that the data indicates that increasingly government complexity drives increasingly wealth concentration. But I don't have a lot of confidence in that wager! But I also certainly don't buy the naive "markets fix everything" argument, either. People love to game markets, and if they're not controlled in some fashion, fraud tends to win out every time. Just look at crypto!