3 ms·
Your comment notes the problem of the growing gap between the rich and poor. If anything, though, the last 100 years has been closing the gap between the rich a
by tedsanders 13y ago
Your comment notes the problem of the growing gap between the rich and poor. If anything, though, the last 100 years has been closing the gap between the rich and poor. Today, China and India are much richer relative to the US and the UK than they were 100 years ago. Furthermore, I think the world is far more equal in term of consumption choices. The movies that rich people watch are the same movies that you and I watch. The internet that rich people surf is the same internet that you and I surf. The iPhone that rich people carry in their pockets is the same iPhone that you and I carry in our pockets. The incredible scaling from mass manufacturing and digital goods means that many consumption choices are the same for the rich and poor (not all, of course, but more than in the past).