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Why does "pay disparity" or income inequality matter? Suppose two people start at 10. One person finds a way to go to 20 and the other goes to 11. The inequali
by tbrooks 11y ago
Why does "pay disparity" or income inequality matter?
Suppose two people start at 10. One person finds a way to go to 20 and the other goes to 11. The inequality has increased and the wealth of both people has increased.
Technically, this is a social improvement. But egalitarians would say this is a terrible situation because the gap has gone from 0 to 9.