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"while technology gives the top end ever more powerful levers" Technology can create entirely new ways of delivering value and generating income, it can multip
by jonmc12 15y ago
"while technology gives the top end ever more powerful levers"
Technology can create entirely new ways of delivering value and generating income, it can multiply income and it can eat existing income streams.
Inequality is not such a bad thing if technology is the vehicle of economic mobility. Technology can act as a enabler in both directions of income generation.
However, when wealth or power or technology prevent economic mobility at any level, that is a bad thing. Inequality is not the problem, its access to economic mobility, which presumably means access to empowering technology.