Inequality is a feature, not a bug as long as the standards for everyone improves. The problem is that the lowest has not seen improvement in certain areas.
Inequality is a term so alluring to mid-IQ activists. I'll take today's inequality vs. poverty of 100 years ago. The world has improved, period.
Similarly, I'll take a nation full of extreme inequality if their average standards of living are better than say, Honduras.
Agreed. Another way to also look at this is that if 95% of the people's median (not average) shifts upwards, I'll accept the trade offs. That's improvement for vast majority of the people.
