3 ms·

Thanks for clarifying, but I see no correlation. If we doubled the wealth of the richest 1% but held the poorest 1%'s wealth constant, do you think infant morta

Thanks for clarifying, but I see no correlation. If we doubled the wealth of the richest 1% but held the poorest 1%'s wealth constant, do you think infant mortality, educational performance, etc., would worsen for anyone in society? I surely don't.

defrost 3y ago
You might look to the wealth distribution in (say) Australia and the US and life expectancy and Quality of life metric. The wealthy in US are much wealthier than the remaining population in the US (greater inequality than Australia), the US as a country has lower life expectancy and qality of life reported overall. Your "thought experiment" isn't particularly realistic, "double the wealth" for the wealthy isn't something that magically happens in isolation.
- bugglebeetle 3y ago
  Indeed, it comes at the expense of everyone else, which is again evident in all these quality of life measures.