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The inequality is not the problem, it's a symptom of the wealth redistribution from the bottom to the top.
by toenail 3y ago
The inequality is not the problem, it's a symptom of the wealth redistribution from the bottom to the top.
- thfuran 3y agoWhat exactly is the difference?
- toenail 3y agoIf inequality was the problem, redistribution could fix it. If redistribution is the problem, simply doing more redistributing won't fix anything.
- thfuran 3y agoNo amount of redistribution from the bottom to the top will correct inequality.
- simbolit 3y agoSituation 1, Year 1: Rich person has 100, the one hundred poor people have 1. Situation 1, Year 2: Rich person has 150, the one hundred poor people have 1.2 Situation 2, Year 1: Rich person has 100, the one hundred poor people have 1. Situation 2, Year 2: Rich person has 150, the one hundred poor people have 0.8 Both situations show increasing wealth inequality, but only one shows wealth redistribution up the ladder.
- epidemian 3y agoOther dynamics, like inflation and gentrification to name a couple, can make Situation 1 basically the same in practice to Situation 2. It just makes it more difficult to point out because "everyone's money number has gone up, so the system works!"
- simbolit 3y agoI agree, the difference isn't large. But my parent was asking for the difference, and I think that is the difference.