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"The poor are not getting poorer, the rich are just getting richer faster." Guess what? That's still an increase in inequality.
by afterburner 16y ago
"The poor are not getting poorer, the rich are just getting richer faster."
Guess what? That's still an increase in inequality.
- fondue 16y agoWhat makes inequality bad? People aren't born identical in every aspect, is it bad that I was born smarter than much of the general population? Should I be dumbed down to make things more equal?
- afterburner 16y agoLet's stay away from talk of intelligence and genetic traits. This is about wealth inequality. And there is plenty bad when there is wealth inequality in a country, see examples of extremes of this in South America. An eroded middle class results in less democracy, more corruption, and social unrest. But I guess if you're rich enough, you can wall yourself off, hire an army, and ignore this. And in fact many extremely rich people in third world countries do exactly this.