2 ms·
I take it as the direction of income inequality is worse than wealth inequality. If 10U$S of new value are created, and only 1$ of it goes to the bottom 60% the
by conanbatt 10y ago
I take it as the direction of income inequality is worse than wealth inequality. If 10U$S of new value are created, and only 1$ of it goes to the bottom 60% the bottom will stay there.
In a way, the direction of where you are going matters more than where you are. Even if everyone had food and shelter, we would feel less anxious but inequality would still get more profound and unavoidably end up in some people owning others.