Last Friday's WSJ included "Argentina War on Inflation Gets Personal ... Street Posters Target Retail Executives; Government Asks Citizens to Police What They Deem 'Abusive' Price Increases." It is sad irony that the "Government" mentioned is responsible for the inflation.
One need not go to Argentina to see spectacles like this in play. It's just too easy for various politicians to shore up support by fomenting hatreds. Some of them even get away with claims that they would rather be "a uniter" than "a divider."
The best way to improve the situation of those who are struggling is to promote an environment of economic growth. Here is one eloquent proponent:
“Over
the centuries those who have been blessed with wealth have developed many
remarkably ingenious and persuasive justifications for their good fortune. The instinct of the liberal is to look at
these explanations with a rather unyielding eye. Yet in this case the facts are
inescapable. It is the increase in
output in recent years, not the redistribution of income, which has brought the
greatest material increase to the well-being of the average man. And, however suspiciously, the liberal has
come to accept the fact.” J.K. Galbraith The
Affluent Society, 1958, pp 96-97
That was then. These days, Galbraith's concluding thought has seemingly, perhaps disastrously, been discarded.