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> Would it matter if there are ultra-wealthy people if the non-ultra-wealthy had a good standard of living? Do you think that is possible? Because I only see t
by pastacacioepepe 5y ago
> Would it matter if there are ultra-wealthy people if the non-ultra-wealthy had a good standard of living?
Do you think that is possible? Because I only see the situation getting worse and worse from here.
What we should ask ourselves is, is a system where 10 people can own six times more than 3.1B compatible with the goal of solving poverty and granting a decent life standard to everyone?
- School-Cotton 5y ago> Do you think that is possible? Because I only see the situation getting worse and worse from here. Of course it’s possible. The material standard of living of the poorest people has consistently been making huge gains since the beginning of the industrial revolution and continues to do so, despite wealth inequality. This is backed up by every objective metric you can think of.
- pastacacioepepe 5y agoThat is a consequence of technological progress and not of capitalism. Don't conflate one into the other.
- School-Cotton 5y agoNowhere did I say it was a consequence of capitalism.