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Not sure about the last part of your comment, but I agree that inequality probably isn't a bad thing per se. I'm guessing crime isn't increasing as a result of
by lubesGordi 10y ago
Not sure about the last part of your comment, but I agree that inequality probably isn't a bad thing per se. I'm guessing crime isn't increasing as a result of increasing inequality because the quality of life for the "99%" is actually increasing as well, even if their incomes are not drastically increasing.
Supposedly the super rich are so much richer than the non-rich. But are they? In the US at least, rich people basically only have more expensive versions of everything middle class people can have. Is that really such a huge wealth gap?
I guess I would say that the wealth gap between middle class people in developed countries and poor in undeveloped countries is much greater than the top 1% and the middle class. Really this is a subjective assessment, but I think it helps to put the quantitative assessment into perspective, and also put in check the notion that inequality itself is somehow bad.