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I will / am reading it, but if as its title and first few paragraphs suggest its discussion is on the top 10%, it doesn't really change my statement. $59k media

I will / am reading it, but if as its title and first few paragraphs suggest its discussion is on the top 10%, it doesn't really change my statement. $59k median income means literally half the country-- 2.5% of the world's population-- is making at least 6 times as much money as literally half of the world. It is not until you get to some US income percentile around the 15th that incomes drop below the world's 50th percentile income bracket. I do not deny that there is wealth inequality in the US nor do I have any elegant solutions to it, but I perceive a lot of self-interested hypocrisy around the issue. Surely fighting wealth inequality means cheering when manufacturing jobs are sent overseas, and the corporation's US base means that we can use economic leverage to enforce safety / wage standards on these new jobs in India / China / Mexico. This brings up the global median income, surely a good thing for anyone concerned with income equality.

Brockenstein 8y ago
Well it's more complicated than that. We mourn jobs that are sent overseas. But a lot of things can be made much cheaper elsewhere and we as consumers benefit from cheaper prices. It's just in an argument about jobs, people don't want to argue the whole picture and the complexities of trade. They want their cheaper prices, and they want all those jobs too, and they want decent wages, and they want someone else to figure out how to make that possible. The other problem is all the people crying about jobs going overseas aren't the same people crying for wealth equality necessarily. So again, it's incorrect to lump everyone and every viewpoint together when it's really a huge spectrum. And on top of all that I would argue that arguing wealth inequality in the U.S. is fine because it exists in the rest of the world is a red herring. For starters, no nation, not even the U.S. is solely responsible for the state of the world and economies in every other country. And secondly, no nation is under any obligation to address the world's problems before addressing its own. And it's not effective to avoid the issue by shifting the scope around arbitrarily.
- lordlimecat 8y ago
  To be clear, I am not arguing that inequality in the US is "fine" because it exists elsewhere. I think I've tried to make that clear in my posts. I am arguing a few other things: * That it is hypocrisy for anyone to argue against wealth inequality in the US, but decry jobs going overseas * That it is wrong to not care about wealth inequality in the world while moaning that we're only in the top 95th percentile of human wealth * That things in the US are nowhere near as bad as they are commonly portrayed

Brockenstein 8y ago

Well it's more complicated than that. We mourn jobs that are sent overseas. But a lot of things can be made much cheaper elsewhere and we as consumers benefit from cheaper prices. It's just in an argument about jobs, people don't want to argue the whole picture and the complexities of trade. They want their cheaper prices, and they want all those jobs too, and they want decent wages, and they want someone else to figure out how to make that possible. The other problem is all the people crying about jobs going overseas aren't the same people crying for wealth equality necessarily. So again, it's incorrect to lump everyone and every viewpoint together when it's really a huge spectrum. And on top of all that I would argue that arguing wealth inequality in the U.S. is fine because it exists in the rest of the world is a red herring. For starters, no nation, not even the U.S. is solely responsible for the state of the world and economies in every other country. And secondly, no nation is under any obligation to address the world's problems before addressing its own. And it's not effective to avoid the issue by shifting the scope around arbitrarily.

lordlimecat 8y ago
To be clear, I am not arguing that inequality in the US is "fine" because it exists elsewhere. I think I've tried to make that clear in my posts. I am arguing a few other things: * That it is hypocrisy for anyone to argue against wealth inequality in the US, but decry jobs going overseas * That it is wrong to not care about wealth inequality in the world while moaning that we're only in the top 95th percentile of human wealth * That things in the US are nowhere near as bad as they are commonly portrayed