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> Poor people in the United States are far richer than rich people of 150 years ago. There is no material improvement in wealth over the past 20 years, but ine
by ClumsyPilot 4y ago
> Poor people in the United States are far richer than rich people of 150 years ago.
There is no material improvement in wealth over the past 20 years, but inequality has grown.
Wealth is produced by innovation, and greater concentratuon of wealth will lead to less innovation.
- goatlover 4y agoThere’s certainly been a technological improvement in which increasing numbers of people have access to the internet and smart phones, with an explosion of information, communication and entertainment.