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I see your point - PG did say "end inequality", not "reduce inequality".
I think he was just making the point that people don't work for fun, they work to get ahead. And some people are better at doing so than others. If we do not make it impossible to get ahead (i.e. end inequality) those people will get as far ahead as they can, and the dictionary definition of "rich" will apply to them. Variation in productivity is far from the only source of economic inequality, but it is the irreducible core of it