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> Inequality has increased but poverty has decreased. The world is so much wealthier now. Perhaps, but this is largely a result of manufacturing (a primary sou
by cudgy 4y ago
> Inequality has increased but poverty has decreased. The world is so much wealthier now.
Perhaps, but this is largely a result of manufacturing (a primary source of middle class jobs) moving from developed nations to previously agrarian economies. The same cycles will repeat itself until there are no pockets of cheap labor left in the world for the owners of these corporations to exploit.
- vageli 4y agoCheap is relative as the labor market is not globally uniform.