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Basic poverty/employment metrics and economic inequality are virtually uncorrelated, yet they get shouted from the rooftops by Western elite. Human rights, soc
by pphysch 6y ago
Basic poverty/employment metrics and economic inequality are virtually uncorrelated, yet they get shouted from the rooftops by Western elite.
Human rights, socioeconomic liberties are far more complex than an easily manipulated number.
Increasing income of the poor by 100% means nothing if the rich simultaneously benefit from a 1000% increase. Which is largely the story of Western economics in the last century if not longer.
- SpicyLemonZest 6y agoThe poor who get to buy 100% more stuff would disagree with your theory that their good fortune means nothing.
- pphysch 6y agoInflation.