4 ms·
There was an article in the economist a couple of weeks ago which argued that because growing inequality was a global phenomenon it was unlikely to be related t
by ig1 13y ago
There was an article in the economist a couple of weeks ago which argued that because growing inequality was a global phenomenon it was unlikely to be related to tax policies, labour laws, etc. but rather due to global factors such as technology and globalization.
On a microlevel the argument seems to make sense the middle-market jobs are the ones that are being wiped out and having salaries driven-down by out-sourcing and technology.
- ronaldx 13y agoOK, but globally inequality isn't growing, by many measures. Hans Rosling illustrated that this week[1]. World income now fits a more continuous curve compared to the rich- and poor- of the past. World equality has presumably been helped by out-sourcing: it's just that some of the 'equality' is no longer owned by the West. [1]http://www.bbc.co.uk/news/magazine-24835822 http://www.bbc.co.uk/news/magazine-24835822
- ig1 13y agoI think we're talking cross-purpose; I think you're talking about inequality between countries while I'm talking about within countries.
- ronaldx 13y agoYes, except that I wasn't talking at cross-purposes and nor about countries. I was talking about inequality between individuals globally, because I think it's fundamentally a more important measure - and there is now far less global poverty.