3 ms·
I think this is missing the point. It's not really important whether it's the same 1% that's getting richer. The fact that the income distribution between the t
by curun1r 12y ago
I think this is missing the point. It's not really important whether it's the same 1% that's getting richer. The fact that the income distribution between the top 1% of earners and the remaining 99% is as high as it is is still a huge problem. It's just not an efficient way for society to allocate resources.
- ChrisLomont 12y agoI agree that is a problem. However, many people assume the rich are some monolithic group, hence the maxim "the rich get richer," which most people take to mean a rich person gets richer, not most rich people fall from that class and different people enter that class with even more wealth. Thus I commented on the fact (it seems) that rich people usually do not stay rich, for any reasonable definition of rich. Other people become rich.