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What makes you say the poor are not getting poorer? I think you need to take this from the perspective of what part of the world you are living in. I'm not su

What makes you say the poor are not getting poorer? I think you need to take this from the perspective of what part of the world you are living in. I'm not sure how we can measure this in quality of life rather than just dollars, but let's consider it this way. In Australia, Canada, the US, the cost of buying a home has become out of reach for most people. Not even talking about the poorest people, just the average. Healthcare cost has far outstripped inflation over the last 30 years, and is a greater proportion of the average persons salary. https://www.thebalancemoney.com/causes-of-rising-healthcare-costs-4064878 https://www.thebalancemoney.com/causes-of-rising-healthcare-... Poverty comes with it's own health issues. https://www.aafp.org/about/policies/all/poverty-health.html#:~:text=Poverty%20and%20low%2Dincome%20status%20are%20associated%20with%20various%20adverse,14%20leading%20causes%20of%20death.&text=Individual%2D%20and%20community%2Dlevel%20mechanisms%20mediate%20these%20effects https://www.aafp.org/about/policies/all/poverty-health.html#.... Salaries have also been stagnant, apparently since the 70s according to this article. https://www.cnbc.com/2022/07/19/heres-how-labor-dynamism-affects-wage-growth-in-america.html https://www.cnbc.com/2022/07/19/heres-how-labor-dynamism-aff... So, I don't know how you can claim the poor are not getting poorer.

varjag 3y ago
Poverty rates are falling globally by any metric you take. And for the poor, buying properties was never even on the radar. I feel there is some conceptual disconnect, poor isn't just someone who is not middle class.
- pedalpete 3y ago
  Globally you are absolutely right. Quality of life for billions is improving. If you look at the developed world only, the divide between the rich and poor is growing. Quality of life for those outside of the middle-class (and some would even say for the middle-class) is decreasing in these regions. We absolutely don't want to forget about the poorest globally, and need to ensure they continue to benefit and increase their quality of life, but we don't want to ignore the poor in developed countries.
  - varjag 3y ago
    The divide in developed world could well be growing, although it's not appreciable here in Norway or much of Europe. Can't say quality of life is decreasing for any slice of society. If you believe the story of asymptotic poverty curve, life circumstances for poor have to be dramatically worse now than in 1980s and they simply aren't.

varjag 3y ago

Poverty rates are falling globally by any metric you take. And for the poor, buying properties was never even on the radar. I feel there is some conceptual disconnect, poor isn't just someone who is not middle class.

pedalpete 3y ago
Globally you are absolutely right. Quality of life for billions is improving. If you look at the developed world only, the divide between the rich and poor is growing. Quality of life for those outside of the middle-class (and some would even say for the middle-class) is decreasing in these regions. We absolutely don't want to forget about the poorest globally, and need to ensure they continue to benefit and increase their quality of life, but we don't want to ignore the poor in developed countries.
- varjag 3y ago
  The divide in developed world could well be growing, although it's not appreciable here in Norway or much of Europe. Can't say quality of life is decreasing for any slice of society. If you believe the story of asymptotic poverty curve, life circumstances for poor have to be dramatically worse now than in 1980s and they simply aren't.