The fact that rich places also have a corresponding rise in poverty is not a new problem, and it's one people have thought about and "solved" over a 100 years a

The fact that rich places also have a corresponding rise in poverty is not a new problem, and it's one people have thought about and "solved" over a 100 years ago. See Progress and Poverty [0] by Henry George, named to capture the idea that poverty often follows progress. The core idea is that as a society's productivity increases, this just gets captured by higher land values and rents, leaving labour having to pay even more rent to just survive. [0] - https://en.wikipedia.org/wiki/Progress_and_Poverty https://en.wikipedia.org/wiki/Progress_and_Poverty