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re: "Wealth Inequality in America: Its worse than you think" - Fortune

Posted on 10/31/14 at 2:55 pm to
Posted by BigJim
Baton Rouge
Member since Jan 2010
14543 posts
Posted on 10/31/14 at 2:55 pm to
quote:

In other words, there’s evidence that rising inequality and many other intractable social problems are related. Not only is rising inequality bad for business, it’s bad for society, too.


Their idea of evidence is quoting a historian. Sorry, I need a little more than that.

Now if mobility has decreased (and I think I read that it has somewhere) that, to me, is a bigger problem.
Posted by BaylorTiger
Member since Nov 2006
2083 posts
Posted on 10/31/14 at 2:59 pm to
frickIN CHRIST. This is the pre-election click bait of the centruy.

Wealth Inequality isn't bad in of it's self. It's HOW it is created that determines that.

Political policies are marginal, FED policies are what have created this gap and, imho, yes this wealth gap is bad...not because wealth gaps are bad but because of how this one has been created.
Posted by genro
Member since Nov 2011
61788 posts
Posted on 10/31/14 at 3:01 pm to
quote:

Their idea of evidence is quoting a historian. Sorry, I need a little more than that.
It's the presumption that all of civilized history is defined by class struggle. Marxism 101, and total bunk.
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