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> it really doesn't matter what the top 1% are doing so long as the bottom half are seeing improved living conditions. No. When inequality increases more peopl
by eeZah7Ux 9y ago
> it really doesn't matter what the top 1% are doing so long as the bottom half are seeing improved living conditions.
No. When inequality increases more people are necessarily below the average while a tiny minority gets way above average. The total wealth on the planet is divided among people. This is a basic economic fact.
As inequality increases people are rewarded more for "climbing the ladder". Competition and selfishness increase and cooperation and solidarity decreases.
> I think it's a natural human inclination to fixate
This is the "human nature fallacy".