In his new book, Joseph Stiglitz outlines a sweeping plan to correct economic inequality http://www.theatlantic.com/business/archive/2015/11/stiglitz-heres-how-to-fix-inequality/413761/ … #choices
-
-
@paulg@timoreilly I'm not aware of anyone arguing for a gini coefficient of 0. The debate is about whether & how to bring up that bottom. -
@StartupLJackson Sounds great. But fixing poverty is not correcting economic inequality, which is what this plan was advertised as. -
@StartupLJackson E.g. there are measures that will fix poverty but make economic inequality worse. They are separate ideas. -
@StartupLJackson In fact most technology has had that effect. In Neolithic Europe people were pretty equal, but all poor by our standards. -
@paulg@StartupLJackson And yet people like Mitt Romney shouldn't have had a 17% tax rate while I had 40%. - 2 more replies
New conversation -
-
-
@paulg@timoreilly "correcting income inequality" != income equality -
@pejmanjohn@paulg@timoreilly it's astonishing to me someone had to explain that.
End of conversation
New conversation -
-
-
@paulg@timoreilly mere inequality is red herring. We should focus on ensuring basic decency for all Americans recognizing that ppl pay allThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@paulg@timoreilly if Buffet paid 50% tax and I paid 10% tax my purchasing power
a lot and his remains the same =
inequality. Right?Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@paulg@timoreilly taxes & thus if someone can't afford a needed thing, someone richer than him will need to pay for it.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.