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The poor get poorer not because tech startups get richer. If we remove tech startups, the poor wood get poorer just as fast. The difference would be that ther
by molszanski 6y ago
The poor get poorer not because tech startups get richer.
If we remove tech startups, the poor wood get poorer just as fast.
The difference would be that there would be less tech-rich people to calculate the Gini coefficient.
The real question is: "why poor are getting poorer?"
It is a very complicated question involving taxes, capitalism and hundreds of broken policies and institutions, like mass incarceration that is guaranteed to make people poor.
Complex questions never ever have simple answers.
- Tepix 6y agoPlenty of those tech startups that make the rich richer are exploiting the poor.
- molszanski 6y ago1. If Jeff Bezos or Amazon would disappear tomorrow, would it make poor richer? No. Would it improve Gini coefficient and society would be more equal? Yes. 2. Would taxing Amazon tomorrow make poor richer? Yes. Would it improve Gini coefficient and society would be more equal? Yes.
- ColFrancis 6y ago> The poor get poorer not because tech startups get richer. Not that Uber has made any money, but it's certainly dropped the price of taxis and their market. Someone got poorer.
- molszanski 6y ago> dropped the .. and their market. "Taxi & Limousine Services in the US - Market Size" 2010 - 15bn 2019 - 39bn It looks like they brought more money (and more people) into the industry