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Indeed, as it has been doing globally. There's no doubt that a pauper today lives like a king compared to just a couple centuries ago. Perhaps by statement is
by bruce511 4y ago
Indeed, as it has been doing globally. There's no doubt that a pauper today lives like a king compared to just a couple centuries ago.
Perhaps by statement is better said as "we can't raise the standard at the same rate for everyone."
This isn't a universal rule though. Many countries have raised the standards of the poor in proportion to the rich. But you'll see fewer billionaire yachts or private jets in those places too.