3 ms·
How many domestic problems in developed countries are the result of income inequality? Probably most of them. Poor education, poor wages, poor health(care)...th
by LargeWu 4y ago
How many domestic problems in developed countries are the result of income inequality? Probably most of them. Poor education, poor wages, poor health(care)...these exist because of the billionaire class extracting wealth from the economy. Those problems aren't going to be solved by going to war.
- throwaway894345 4y agoIncome inequality is downstream from globalism (middle class jobs get exported), so I think you’re making his point?
- orwin 4y agoIncome inequality is downstream from unregulated capitalism. How many big anti-monopoly moves were actually done in the last 20 years compared to pre-Reagan or pre-Thatcher times?
- throwaway894345 4y agoI don’t understand what point you’re making because (1) no one has unregulated capitalism (2) globalization didn’t meaningfully exist in the pre-Reagan era, and (3) how would a “pre-Reagan globalization” not have exported jobs? “Exporting jobs” is pretty much the definition of globalization as it pertains to wealthy countries. EDIT: Also (4) I’m pretty sure almost every “very regulated” economy in the world has more inequality as a consequence of globalization. It’s really hard to imagine a practical globalization that doesn’t create concentrated wealth and poverty.