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by jorgis 4346 days ago
I can accept the article's premise that income inequality is falling when you look at incomes globally. However the fact that there are still stratified, separated markets makes his analysis a moot point.

Things may be getting better in Africa, but they aren't in the US. Since I currently live in the US I'm more concerned about how income inequality is rising here, which is something that his article brushes off as a non-concern simply because I live in a developed nation.

He goes on to argue that I shouldn't worry about how my real wages haven't been increasing because globalization has allowed the wealthy to profit from a bidding war between me and the rest of the world. I'm actually okay with other people being brought up to my standard of living. I'm not okay with people using that as an excuse as to why my own standard of living should be stagnant or declining.

He's arguing that I need to "reframe" my point of view. What that really means is that I shouldn't worry about my own problems, but rather be happy that the rest of the world is improving.