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What tipped you off, the label on the X-axis? It's not great for wealthy people who were enjoying economic rents by excluding desperately poor people from the
by yummyfajitas 11y ago
What tipped you off, the label on the X-axis?
It's not great for wealthy people who were enjoying economic rents by excluding desperately poor people from the global economy. So what? Do people earning $2,000/year (1/10 of what a poor American consumes) not count?
- Retric 11y agoHelping the global poor is a great soundbite, but there are plenty of ways to do the same thing without harming the vast majority of Americans. Of note the rich got a free ride while breaking the US middle class. That's actually bad for long term economic growth. It also entrenched and entrenched authoritarian governments around the world ex: China.