3 ms·
Never mind the 1 percent, let's talk about the 10 percent. The richest 10% own 70-80% of the wealth in the U.S. My point is that the entire wealth distributio
by eevilspock 7y ago
Never mind the 1 percent, let's talk about the 10 percent.
The richest 10% own 70-80% of the wealth in the U.S.
My point is that the entire wealth distribution curve should be looked at, and any serious discussion needs to go back to first principles and determine what the curve would look like in a fair society.
Of course there are wide philosophical-moral chasms between different notions of fairness, with HN readers, by nature of the hand that feeds them, skewed heavily toward the belief that market forces are the best arbiters of worth and fairness.