> I don't think that the cheaper goods that China gave the world only benefited the %1, and actually has helped a lot people in america and the world. Extreme

> I don't think that the cheaper goods that China gave the world only benefited the %1, and actually has helped a lot people in america and the world. Extreme wealth inequality is making life difficult for many, many people today. Cheap goods from China make it easier for them to tolerate this situation, and therefore less likely to take action to change it. One view of this would be that cheap goods are helping people. Another would be that cheap goods help the wealthy elite to continue unchallenged, furthering wealth inequality over time, and making overall quality of life much worse for everyone else in the long run.