4 ms·
One of the interesting explanations I've seen for income inequality is that globalization has massively increased the size of the market. So the top end for inc
by poke111 11y ago
One of the interesting explanations I've seen for income inequality is that globalization has massively increased the size of the market. So the top end for incomes has massively expanded along with it. But on the bottom end, the floor of 0 never changes. So an increase in income inequality is a natural consequence of globalization.
- undersuit 11y agoIt's always been a problem with the floor. You can only be so poor, so hungry, or so cold. You can never be too rich, too sated, or too comfortable.