2 ms·
> the lower class suffers by far the most This is a tautology. The lower class is defined that way. If they didn't suffer the most, they wouldn't be lower clas
by tantalor 4y ago
> the lower class suffers by far the most
This is a tautology. The lower class is defined that way. If they didn't suffer the most, they wouldn't be lower class.
- anonymouskimmer 4y agoThe "proportionately" is assumed. It's possible to imagine circumstances in which the upper classes suffer proportionately more than the lower classes. We have, in fact, had these circumstances. Such as the impact of transition from land wealth to industrial wealth during the first couple of industrial revolutions that saw various nobles having to sell their ancestral estates and belongings. Meanwhile the lower classes gained jobs that allowed them to afford more than they could before.
- gizajob 4y agoIt’s not exactly a tautology, technically.
- mitthrowaway2 4y agoYour comment is saying "suffer(poor) > suffer(rich)" is true by definition. But the article is saying "d suffer(poor) / d(inflation) > d suffer(rich) / d(inflation)", the truth of which is not immediately obvious.