Article *never* does a good vs evil judgement. Never advocates anything.
Article simply states: "Inequality was only curbed by catastrophe. Even in the title, it calls all of those events *Catastrophes*!
The point of the Article is to say that constant, mild and progressive policies have seldom had any impact vs catastrophes. The article calls the chinese and soviet revolutions "bloody affairs" and "murderous mechanisms"
Makes you wonder why you're
Why would you hand pick only one school out of inequality when there are many other economists in other countries producing more investigations that we could take into consideration? Many of them have also investigated inequality as a cause and an effect of market failures, that is, failure by the market to maximize the value creation (ie: an inefficient economy).
Switzerland benefited quite a lot from the influx of foreign wealth, not produced by the swiss economy itself. During some of the catastrophes talked about in the article, a lot of the spoils were transferred to Switzerland, and it has a place in the world economy as the most famous tax haven were the beneficiaries of inequality elsewhere stored their wealth. Also, its economy is *far* from unregulated, not quite a libertarian utopia. You will be able to find many more countries with less industrial, environmental, labor and even financial regulations, why didn't you choose one of those instead?