Roachboy, I think your argument is a much better one than host's. I disagree with it, primarily because I think any alternatives to capitalism are likely to be much worse, especially in terms of stifling human freedom and squelching innnovation and entrepreneurialism. But you're right that inequality is built into the structure of capitalism. Whether that's a feature or a bug is a different question.
Host's position as set forth in the OP makes me think, mainly, "I wish he could get over his bitterness, it's consuming him."
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