Yale law prof @samuelmoyn says that lifting the global poor out of poverty doesn't mean anything if the global 1% keep getting richer -- apparently not realising that by being an Ivy League professor he is part of the global 1%https://newrepublic.com/article/147391/hype-best …
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There are two valid sides to this issue, yes things have gotten better for everyone on average but due to various authoritarian controls/rent-seeking/patents/etc we have an ultra elite with a completely unjustified share of the wealth.
We've had a rent seeking elite for thousands of years. What's new is the prosperity of their serfs.
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