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Would you please elaborate on this: > society itself is becoming horrifyingly unequal
by snikeris 8y ago
Would you please elaborate on this:
> society itself is becoming horrifyingly unequal
- TheOtherHobbes 8y agohttps://www.cnbc.com/2018/07/19/income-inequality-continues-to-grow-in-the-united-states.html https://www.cnbc.com/2018/07/19/income-inequality-continues-... https://inequality.stanford.edu/publications/20-facts-about-us-inequality-everyone-should-know https://inequality.stanford.edu/publications/20-facts-about-... https://www.businessinsider.com/inequality-is-deepening-us-economic-weakness-by-fracturing-society-2018-3 https://www.businessinsider.com/inequality-is-deepening-us-e... Will that do, or do you need more elaboration?
- snikeris 8y agoThanks, I'll check these out. Inequality seems like a fact of life, so I'm wondering what's so horrifying about it. Edit: I was really hopeful for this Stanford resource, but I'm not even sure these "are facts that everyone should know". > 10. Residential Segregation tldr: Rich people and poor people don't live in the same areas. > 13. Bad Jobs tldr: Some people have bad jobs, and if you don't work full-time somewhere you're more likely to have a bad job. This just seems like common sense. Was anyone surprised by this? Certainly not horrified.
- JustSomeNobody 8y agoNot horrifying: When your refrigerator dies and you can go buy another without blinking. Horrifying: When you misplace a $20 bill and now you can't pay your rent. It's really simple to understand.
- snikeris 8y agoOkay, being poor can be horrifying. But I don't see what's horrifying about the fact that some people have more wealth than others.
- petersellers 8y agoThe fact that inequality exists is not the problem, it's the severity of the inequality that is the problem. Take an extreme example - out of a population of 1000 people you have 1 person owning 99% of the wealth, with the other 1% distributed to the other 999. Does that seem like an efficient, properly operating economy to you? Obviously there is some balancing needs to happen, the trick is figuring out where the fulcrum should sit for the most efficiency.
- deleted 8y ago[deleted]
- beiller 8y agoInequality is great really. It incentivizes people to give extra effort for a reward. But gone too far, the efficiency of humanity will drop. There needs to be (and there probably is) shifts in wealth to keep things moving. Let's get those moon bases going.
- JAlexoid 8y agoInequality isn't a problem. Fairness is the problem when it comes to economic growth. People want to have a fair chance, not just one half taking all the benefits.
- maxxxxx 8y agoThe fact that it's growing is a problem.
- Arbitrary4657 8y agoInequality is indeed inevitable, but inequality to this degree is relatively recent. You must have a short memory.