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"There is no conclusive evidence that rising inequality will have bad consequences on say growth". Lets say economy is an organism like a human and money is the
by leaveyou 13y ago
"There is no conclusive evidence that rising inequality will have bad consequences on say growth". Lets say economy is an organism like a human and money is the blood. Would you say that this organism is healthy and grows normally, if up to 90% of the blood would flow to the brain and only 10% would flow to the other organs, despite of a 1:40 brain to body proportion ? No one denies that the brain should receive more blood flow than the liver or pancreas but when the disproportion is so extreme and the only organ that "grows" is the brain, there should be no surprise when the liver is not able to sustain the functioning of the organism with the disproportionate head.