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If you’re right and the gains from productivity improvements were equally distributed among the populace, you’d expect the Gini coefficient which measures inequ
by Xylakant 3y ago
If you’re right and the gains from productivity improvements were equally distributed among the populace, you’d expect the Gini coefficient which measures inequality to stay level - that is neither rise nor fall. And it’s clearly not for the US https://fred.stlouisfed.org/series/SIPOVGINIUSA https://fred.stlouisfed.org/series/SIPOVGINIUSA
So either the top end of the bracket is pocketing more or the bottom end is loosing some. But it’s definitely not equal. Acknowledging that and considering that a problem is neither a Marxist standpoint nor a sign of a rotten mind. And neither is acknowledging that there’s a whole class of people that are exploited by society.