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by scatters 1913 days ago
Wealth inequality is immaterial; what matters is (lifetime) consumption inequality. Income inequality is an imperfect substitute measure.
1 comments

Labour accounts for about half of world income, from memory, with capital accounting for the other half of world income. If wealth centralises, then so does income.

Besides, you replied to try and refute a comment which was quite unambiguously about wealth inequality. It's possible to occasionally admit you were wrong, rather than doubling down when you are.