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> I'm just pointing out that using measures like the Gini coefficient can inadvertently reward bad behavior Great, duly noted. When you make grand assertions a
by sd8f9iu 12y ago
> I'm just pointing out that using measures like the Gini coefficient can inadvertently reward bad behavior
Great, duly noted. When you make grand assertions about the inequality movement in the future, I suggest you do some background research and actually understand their claims first.
> just pointing out that historically the things that have moved people out of poverty have been market based innovation (the world since 1800), not direct assaults on inequality (USSR, Chinese revolutions, cuba etc.)
You need a history lesson. First of all, reducing inequality is not the same as moving a nation out of poverty (remember, technically, the US is the richest nation in the world). And secondly, look at the US in the 1930s-40s, when JFK's New Deal and WWII – not "market based innovation" – led to the largest expansion of the middle class yet. See http://spot.colorado.edu/~kaplan/econ3080/Krugman-middle.html http://spot.colorado.edu/~kaplan/econ3080/Krugman-middle.htm...
Inequality in the US is a result of decisions we have made, not because the rich have suddenly become more innovative.