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by nicoburns 2034 days ago
I'd argue that you haven't really increased incomes at all if you simply double the monetary amount. To actually increase wealth/incomes you'd have increase the amount of material goods, services, and realise improvements to their quality of life.
2 comments

And that exactly happend with globalization for US cititin.
> I'd argue that you haven't really increased incomes at all if you simply double the monetary amount

That's what I wrote.