3 ms·
The GINI index in absolute monarchies is close to 1. Wealth inequality implies that some people disproportionately control the life production of other people.
by anonymouskimmer 4y ago
The GINI index in absolute monarchies is close to 1.
Wealth inequality implies that some people disproportionately control the life production of other people. If you're in favor of a "great man" idea of progress this is a benefit. If you're in favor of individual power to direct production and innovation (along the lines of de Tocqueville or it's left-wing equivalent) this is a detraction.