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Statistically, high wealth disparity correlates with reduced happiness and well-being even for the very wealthy. Historically, high wealth disparity seems corre
by theonemind 4y ago
Statistically, high wealth disparity correlates with reduced happiness and well-being even for the very wealthy. Historically, high wealth disparity seems correlated with unstable societies.
I think it's a casual factor in societal instability, not merely a correlation. You can only drive one car at a time, live in one house at a time. At some point, money mostly just becomes power, not usable wealth in a real first-person daily experience kind of sense. Then, you have upper and lower classes...the upper, in some sense, even the best of them, exploiting the lower class because one pair of human hands can only make so many goods and so have unfair and disproportionate capture of wealth created due to the synergy of society, and the lower resenting the upper class for obvious reasons.
Wealth disparity is also useful, but it can get out of hand, in my opinion.