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> but life is way better for everyone in the world since 1928. I agree with most of your comment, but everyone? For sure, the mean and median purchasing power
by jaredklewis 8y ago
> but life is way better for everyone in the world since 1928.
I agree with most of your comment, but everyone?
For sure, the mean and median purchasing power of people is way up, but the floor of human experience is as low as ever. Being poor today in North Korea, Iraq, or Syria is surely as miserable as human life has ever been.
> Inequality is only a problem in so much that it leads to higher crime rates and (eventually) civil instability in places where its most apparent. We haven't seen much of that (yet), but don't stop looking for it.
Our crime rates in the US are higher than most places in the world. For example, more than half the countries in the world have lower homicide rates than the US. I agree with your hypothesis that crime is linked with inequality and I think we are already seeing that.