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It's fairly easy to fix, as long as you are willing to do what it takes to address income inequality. Reduce the Gini coefficient and poverty decreases.
by DiogenesKynikos 1y ago
It's fairly easy to fix, as long as you are willing to do what it takes to address income inequality. Reduce the Gini coefficient and poverty decreases.
- automatic6131 1y agoThat's actually my point: if you take (e.g.) 65% of median income, in a world with a Gini coefficient of 1 - perfect inequality - the rate of poverty is 0%.
- DiogenesKynikos 1y agoBut that's an edge case that will never occur in reality.