3 ms·
> I guess the flat-wealth-distribution case is most people grudgingly using some economy-of-scale option leveraging the people with more patience for this kind
by danans 6y ago
> I guess the flat-wealth-distribution case is most people grudgingly using some economy-of-scale option leveraging the people with more patience for this kind of work, and a few control freaks either doing it themselves or economizing elsewhere to pay for a boutique option.
That can be said of practically every industry. They are all segmented by cost/quality, whether that quality is real or perceived.
That said, the goal behind reducing wealth and income disparities isn't to flatten them completely, it's to put a floor under the standard of living of those at the bottom of the wealth/income distribution. That doesn't mean everyone will be consuming boutique products and services, but it means that latent demand, currently repressed by lack of income/wealth, will become active demand, and money velocity in the economy will increase.