> The MIT economist Peter Temin argues that economic inequality results in two distinct classes. And only one of them has any power. Nobody studies history any

> The MIT economist Peter Temin argues that economic inequality results in two distinct classes. And only one of them has any power. Nobody studies history anymore. This has always been the case, and the ratio of haves to have-nots has only improved with time, as has the quality of life of the have-nots. That ratio may have been a little better in the golden years after WW2 in the USA, but it's still way better now than it ever was before WW2. Modernity truly is the tide that lifted all boats.