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by andrekandre 2616 days ago
it’s certainly preferable, but that is just once slice of data at one time... what is more important is the trend... are we in the midst of a huge reversal back towards those times?

it would seems so, and if so, i would argue it needs to be stopped before it becomes completely intractable...

1 comments

There's a sobering book "The Great Leveler" that argues that the only time growing inequality is reversed is during large scale war or other mass death event like plague.
Both Thomas Piketty and Branko Milanovic have made similar arguments in their respective tomes. The 1950s to 70s in the West were an exception, maybe.