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by hacknat
585 days ago
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Wealth inequality is not an important thing to worry about by itself. The Gini coefficient undergoes a U-shape growth curve in economies as they move from under-developed, to developing, to developed. A better thing to worry about is wage growth and wealth growth among the bottom 50% of the population. Correlating that metric to the Gini coefficient seems like an exercise for an ideologue not a rigorous thinker. Speaking to your point about VCs. They represent a minuscule amount of capital investment in the US economy. Of course, on this website, they predominate thought and discussion. However, the simple fact is that VC money is a rounding error in overall capital investment. |
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