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re: "Wealth Inequality in America: Its worse than you think" - Fortune
Posted on 10/31/14 at 3:22 pm to Zach
Posted on 10/31/14 at 3:22 pm to Zach
quote:
I read the article and it doesn't address the basic question... Why is inequality bad?
Inequality is not bad in a society if A. all people have an equal opportunity to better themselves and B. we as a society agree that your basic needs should be a concern for all society i.e. you are not going hungry and you have a place to live and access to education and health care.
2
Posted on 10/31/14 at 3:24 pm to Ralph_Wiggum
Conservatives need to fear rising income inequality because the great socialist revolutions in Russia and China came about due to great income inequality.
As a socialist I am torn about the rising income inequality. Short-term many people suffer but long-term it sets the conditions for revolution.
As a socialist I am torn about the rising income inequality. Short-term many people suffer but long-term it sets the conditions for revolution.
Posted on 10/31/14 at 3:28 pm to Ralph_Wiggum
quote:
Inequality is not bad in a society if A. all people have an equal opportunity to better themselves and B. we as a society agree that your basic needs should be a concern for all society i.e. you are not going hungry and you have a place to live and access to education and health care.
It's my scenario. Every other qualifier is excluded. Answer the question.
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