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"If you look only within rich nations, yes inequality has increased, because the poor and blue collar middle class have lost a lot of jobs to poorer countries.
by 55873445216111 7y ago
"If you look only within rich nations, yes inequality has increased, because the poor and blue collar middle class have lost a lot of jobs to poorer countries. But that phenomenon is actually reducing inequality as measured from a global view."
Exactly, this phenomenon is called the "Elephant Curve":
https://www.brookings.edu/research/whats-happening-to-the-world-income-distribution-the-elephant-chart-revisited/ https://www.brookings.edu/research/whats-happening-to-the-wo...