Are Democracy and economic equality fundamentally incompatible?

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Anyway, the issue isn't income equality, but income mobility. The Nordic countries which are always described by the left as socialist paradises are so egalitarian because they have fewer regulatory policies on entry to business. That's why they are higher than the U.S in economic freedom indices. That is the benefit of a free-market system, movement among the classes is simple and easy. You have a good or service that people want, you provide that good or service, they pay you for it. No special government privileges, no regulations that push you out of the market, etc, etc. That's the truly moral system. Not a system that reduces your entry, but then says alright, you can have redistribution from those we benefited, because we recognize it's unfair of us to reduce the market to only them.