Is income inequality preventable? Should we prevent it? How? Why or why not?

Income inequality is not necessarily preventable, although some will try to. According to St. Louis Fed, "income inequality will still exist even if the income inequality statistics are adjusted to account for the aforementioned factors" such as household size, tranfers recieved and taxes paid. Income inequality is really just the effect of a well-fuctioning capatlist economy. The income a person makes is related to not only their education, but their productivity. People are not more wealthy because they have more money, but because they are more productive. So to prevent the income inequality you would have to prevent a person's inequality. We shouldn't prevent it, though, because if we do we lose all the benefits that come along with our well-functioning economy. Economic research has documented a positive correlation between entrepreneurship and the overall economic growth of a country. We should not be in favor of policies that aim to shrink the income distribution by redistributing income from the more productive to the less productive simply for the sake of being fair. Redistribution of wealth increases the costs of entrepreneurship and innovation, that results in having lower overall economic growth for everyone.