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While some things (like labor laws and certain kinds of pollution) are better today than they were back then, income and wealth inequality are significantly wor
by danaris 3y ago
While some things (like labor laws and certain kinds of pollution) are better today than they were back then, income and wealth inequality are significantly worse today than they were during the "Gilded Age".
- keiferski 3y agoYou seriously think that factory workers in 1880 had it better than low income workers today?
- layer8 3y agoThat’s not what the parent is saying. They are saying that the inequality is greater, meaning that the income distribution shows a larger imbalance.
- keiferski 3y agoYes, I read the comment. The discussion was whether, "the effects of capitalism were worse circa 1860 to 1920 than they are today." I'm also pretty skeptical of the "inequality was better" route. Sure, the rich are richer today – but the poor are infinitely less poor. Being poor in 2023 is a far better situation than being poor in 1880.
- danaris 3y agoI specifically mentioned labor laws as an exception.