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What?! It's all about inequality. The problem isn't everyone is getting richer it's that some are getting waaaay richer than other, they are grabbing the powers

by Ygg2 13y ago

What?! It's all about inequality. The problem isn't everyone is getting richer it's that some are getting waaaay richer than other, they are grabbing the powers, making decisions and isolating themselves from the consequences of those decisions. You can drain a lake for thing X until your lake runs dry. Who is least susceptible to change? Those with money . Either they move or they buy water). The high Gini coefficient correlates and probably causes so many bad effects it shouldn't be ignored. It's not the one and only measure, and there are other important measures but it is a very good predictor of social unrest.

ekianjo 13y ago
Not much social unrest in the past 50 years in all developed countries where inequalities have been growing when everyone gets richer. And wealth is not a Lake. It does not run dry. You can create wealth. If wealth could not be created we would be super poor by now with 7 billion people on the planet compared to 100 years ago. But it's the exact opposite, we are hundred time richer than 100 years ago. When everyone earns a little more than before over time, there's not so much cause for social unrest. Countries with growing economies tend to be more stable and peaceful Revolutions occur when people get poorer and lose hope for a better future.
- Ygg2 13y ago
  Not much unrest? That claim seems dubious. What are your standards for not much unrest? I never said it is a like a lake. I meant an actual lake. Lake was example how inequalities lead to richest people making policies that don't impact them. That is the biggest threat income inequality may present to any society. Money is like gravity/mass. The more money you have the more money you attract. You may create wealth, but if you don't distribute it, some points may gather too much like their matter counterparts, turn into a black holes and consume the reality around them. It's like that man that asked Ford "If you don't give money to your workers, who's gonna buy your cars?" > Countries with growing economies tend to be more stable and peaceful Revolutions occur when people get poorer and lose hope for a better future. Wait, what about Brazil and Turkey? Aren't they growing economies? Why are their in state of unrest?
  - ekianjo 13y ago
    Notice the "tend to" != "are". Obviously there are other factors at work. But statistically speaking, or as a rule of thumb, growing economies are clearly leading to more stable countries.
    - Ygg2 13y ago
      Notice I said a similar thing. Gini coefficient correlates with lower life expectancy, more tensions, etc. I think it is a better predictor of peace and overall quality value, than growing economies. http://www.ted.com/talks/richard_wilkinson.html http://www.ted.com/talks/richard_wilkinson.html

by Ygg2 13y ago

ekianjo 13y ago

Not much social unrest in the past 50 years in all developed countries where inequalities have been growing when everyone gets richer. And wealth is not a Lake. It does not run dry. You can create wealth. If wealth could not be created we would be super poor by now with 7 billion people on the planet compared to 100 years ago. But it's the exact opposite, we are hundred time richer than 100 years ago. When everyone earns a little more than before over time, there's not so much cause for social unrest. Countries with growing economies tend to be more stable and peaceful Revolutions occur when people get poorer and lose hope for a better future.

Ygg2 13y ago
Not much unrest? That claim seems dubious. What are your standards for not much unrest? I never said it is a like a lake. I meant an actual lake. Lake was example how inequalities lead to richest people making policies that don't impact them. That is the biggest threat income inequality may present to any society. Money is like gravity/mass. The more money you have the more money you attract. You may create wealth, but if you don't distribute it, some points may gather too much like their matter counterparts, turn into a black holes and consume the reality around them. It's like that man that asked Ford "If you don't give money to your workers, who's gonna buy your cars?" > Countries with growing economies tend to be more stable and peaceful Revolutions occur when people get poorer and lose hope for a better future. Wait, what about Brazil and Turkey? Aren't they growing economies? Why are their in state of unrest?
- ekianjo 13y ago
  Notice the "tend to" != "are". Obviously there are other factors at work. But statistically speaking, or as a rule of thumb, growing economies are clearly leading to more stable countries.
  - Ygg2 13y ago
    Notice I said a similar thing. Gini coefficient correlates with lower life expectancy, more tensions, etc. I think it is a better predictor of peace and overall quality value, than growing economies. http://www.ted.com/talks/richard_wilkinson.html http://www.ted.com/talks/richard_wilkinson.html