3 ms·
Should those at the bottom be condemned to poverty? The lesson of the GINI coefficient and the psychology of relative wealth, is that absolute, material well b
by stcredzero 6y ago
Should those at the bottom be condemned to poverty?
The lesson of the GINI coefficient and the psychology of relative wealth, is that absolute, material well being isn't the issue. The issue is whether people think the cards are so stacked against them, that they will never win.
So the answer is no. We know that condemning those at the bottom will result in civil unrest. Everyone needs to live in dignity, or there will be violence. Psychology has pretty much determined this to be a fact of human nature.
However, this doesn't mean we should have equity. People should be rewarded, and people should also have something to strive for. It's the dignity of the common person which has been eroded over time.