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This argument only really works when there's less inequality. There's a focus on what these ultra wealthy people are spending their money on because they have w
by IanCal 7y ago
This argument only really works when there's less inequality. There's a focus on what these ultra wealthy people are spending their money on because they have world-changing amounts of it.
To put it another way, myself and Bezos are not equally free to spend Apollo mission money on solving problems.
- ben_w 7y agoI’m wondering if inequality is an example of Simpson's paradox: inequality in rich nations is going up but inequality worldwide is going down? https://en.m.wikipedia.org/wiki/Simpson%27s_paradox https://en.m.wikipedia.org/wiki/Simpson%27s_paradox https://ourworldindata.org/uploads/2013/12/Global-inequality-in-1800-1975-and-2015-324x550.png https://ourworldindata.org/uploads/2013/12/Global-inequality... https://www.mckinsey.com/~/media/McKinsey/Industries/Public%20Sector/Our%20Insights/Inequality%20A%20persisting%20challenge%20and%20its%20implications/SVGZ-MGI-Inequality-Ex2.ashx https://www.mckinsey.com/~/media/McKinsey/Industries/Public%...