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by TheAdamAndChe
3148 days ago
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The issue with this is that it's going to create massive political instability if there are a few megacities with massive poverty in every other state. There are already signs that our political system is already destabilizing. What makes you think this wouldn't amplify that? |
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To be a bit dramatic, Venezuela, PRK, Sudan, and Cuba all have incredibly low wealth inequality. Except for the rich and corrupt, everybody else has just about the same as everybody else, which is nothing, based on government policies. Hong Kong is cutthroat with high levels of inequality, but it's also an engine of economic growth. Would you really rather like in Sub Saharan Africa than Hong Kong?
EDIT: And massive wealth and capital concentration brought us Amazon and Google. In exchange for newly minted millionaires being "equal" to us, would you rather live in a world without those technologies - next day shipping and Google Maps and Search?