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by dragonwriter 2180 days ago
> Inequality between countries is decreasing.

Inequality within countries is increasing, and is more directly connected to experienced disutility (though media saturation from one country to another can also make inequality b/w coubtries a factor in experienced disutility.)

A problem with naive economic analysis is that it tends to pretend that absolute material wealth is the prime determinant of experienced utility (and consequently that disutility is mostly driven by absolute deprivation), which while true in the most abject poverty isn't true beyond that level.