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thisnotmyacc | 9 years ago

> distracting us from the biggest social threat of our times: wealth disparity

That's not the biggest threat, any more than Diarrhea is a bigger threat than other health issues, despite Diarrhea killing more people: https://www.cdc.gov/healthywater/global/diarrhea-burden.html

By that I mean the two - wealth disparity and Diarrhea - are outcomes, not causes. Diarrhea is the outcome of poor infrastructure (food and water) and poverty that lead to weaker, susceptible immune systems.

Wealth disparity is the outcome of a bunch of things, like automation, a better ability to detect good workers, a greater desire to be rewarded for good work (if two people provide X and 10X performance and are rewarded as such... disparity), the DECREASE in wealth distribution globally (China is richer than in 1980, as is all of Asia), that geographically set people have global wealth, e.g. Gates, Zuckerberg, Page, Brin et al are top not of the US, but a world economy, whereas many people still earn a percentage of local money (trades people, waitresses etc) and probably many more elements I don't know about.

The problem is we live locally, so the disparity looks worse, even as globally it is coming down.

That is why there is more LOCAL choice than ever - in say beers - as we get imports, but LESS global variety, as we all get the best X of something, rather than having a vast array of isolated areas with their own unique elements. It is why Sydney, Australia is home to some of the best Thai food in the world, and the UK home to some of the best Indian.

> we should be relentless about leading our politicians back to the topic of wealth disparity

But towards what policy? Basic Income? Higher taxes? Less automation? Open borders? What is the policy prescription for this issue?

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