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No, the main issue is that people are working their ass off to make the world economy work and get increasingly smaller crumbs of their pie while others create
by 6510 6y ago
No, the main issue is that people are working their ass off to make the world economy work and get increasingly smaller crumbs of their pie while others create enormous amounts of money out of thin air. It is not inequality, it is the delta of it!
Ill do you one better than inequality! If we continue the line and see where this is heading you end up with a fully automated economy serving those who hold the money. These will increasingly be non human entities. They might employ some people but those won't be making decisions that matter.
Try look at it like this: Do you think anyone working at Apple in the US (earning 100 k on average) actually approves of those Indiers getting 6 dollars per month? You'd be lucky to find just one employee who has to ponder the question. Something like, "hummmm.... wait didn't we have 200 billion in savings? Yeah... uhh I think there is room for 7 dollars in the budget?"
Thus, even if no one in the company could approve it it still happens. If 6 can happen 5 can happen too! As soon as we sign our world over to the automatons you don't have to expect some hindsight way of clawing our way back into decision making.
Those 200 people have very little room to do anything sensible. Their job is to expand profits at the expense of whatever.