4 ms·
Another econ 101: some group taking an increasing share of a more or less fixed pie will cause others to get less.
by maxxxxx 8y ago
Another econ 101: some group taking an increasing share of a more or less fixed pie will cause others to get less.
- toasterlovin 8y agoThey're separate issues. It is not coherent to argue that one problem isn't a problem because another problem exists.
- maxxxxx 8y agoYou are 100% right. What I tried to say is that some powerful people are trying to channel economic anxiety into explanations that don't threaten their own power. Being angry about immigration or diversity doesn't really threaten billionaires but being angry about inequality does. So of several problems the propaganda machine picks the most convenient.