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Yes, however due to there being significantly more poor people than rich people, especially tech workers, there will be antagonizing behavior in the future. The
by cercatrova 4y ago
Yes, however due to there being significantly more poor people than rich people, especially tech workers, there will be antagonizing behavior in the future. There will be country-wide instability, and even if you're rich, a comparatively rich country like in Europe or the US will be substantially more stable than one with a higher degree of income inequality.
- YetAnotherNick 4y agoUS has higher income inequality than India[0]. [0]: https://en.wikipedia.org/wiki/Gini_coefficient#/media/File:Map_of_countries_by_GINI_coefficient_(1990_to_2020).svg https://en.wikipedia.org/wiki/Gini_coefficient#/media/File:M...
- cercatrova 4y agoIt is not only income inequality one needs to look at, it is the amount of the baseline population which is well fed and taken care of, as generally, those that are will not wage war against the rich, while those that aren't are much more likely to. If 90% of the population is starving and makes 10 dollars a day (hypothetical numbers), and 10% are rich and make 100 a day, the poor will be much more likely to revolt than in a scenario where 90% make 100 a day and can afford food, shelter, education etc, and the 10% make 1 million per day. It is not the level of inequality, it's the baseline.
- throwaway27727 4y agoPut differently: https://speakola.com/political/margaret-thatcher-on-socialism-last-speech-1990 https://speakola.com/political/margaret-thatcher-on-socialis...