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by hurryskurry
2581 days ago
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The interesting part is the historical contingency of the distribution, that is based not just on rational economic principles but purposeful policy. For example, you would need to explain why up from post-war until the mid-70s you see increases in income for most people basically matching increases in productivity, and why today there is a disjunction between the two. It isn't merely a principle at work. |
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