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The wealth distribution within a given first-world society is certainly changing, with bigger amounts of wealth going to the top 1% etc. That's mostly due to th
by dsplittgerber 17y ago
The wealth distribution within a given first-world society is certainly changing, with bigger amounts of wealth going to the top 1% etc. That's mostly due to the fact that well educated and connected knowledge workers are able to utilize globalization to a greater extent than your regular mailman. But that's not necessarily for the worse. Even inflation-adjusted wage stagnation need not necessarily be bad, as you mostly can buy more with your money today (reduced prices for electronics, basic necessities etc.) than in the past.