Here's how to explain to people the distinction between fighting poverty and fighting economic inequality.
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If you're fighting economic inequality, you have to say "Let's have universal health care. And Larry, please don't start Google."
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Due respect Paul, but there's a difference between equality of opportunity and equality of outcome. Former will create more Larrys
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Solving inequality means solving structural disadvntgs (hc, edu, opportunity) and preventing unfair adv of birth that skew the game too much
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You can have opportunity or equality, but not both, because some will seize the op and others squander it, no matter how great that op is
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Straw man? No part of the political spectrum has felt the need to say that. Reducing inequality is not equivalent to strict equality.
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Agree. Also income mobility is as/more important than equality. I do think more tolerance for income gain split ratio. % gain per bracket?
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Only if you use statistically easily distorted measures of inequality, and only if you care about snapshot inequality vs inherited over time
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Also, most likely we wouldn't have the inequality discussion if real median income in 2017 wasn't < than in 1999. https://fred.stlouisfed.org/series/MEHOINUSA672N …
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Is the problem inequality or just poverty? Or are they somehow related? Cuz if everyone was equally poor that'll definitely be a bad outcome
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I remember one of my history teachers saying that "Accumulation of Wealth was one of the most important aspects of great civilizations"
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Read "The day of the triffids". Prime mover of civilization is free time. Accumulation of wealth is tangential.
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