Re:Income inequality today may be higher today than in any o...
by jondubois on Saturday July 02, 2016 @09:57AM
(#12022534)
You mean income inequality is not as bad as wealth inequality (typo?)? Your explanation seems to contradict your first sentence.
Re:Income inequality today may be higher today than in any o...
by conanbatt on Sunday July 03, 2016 @07:04AM
(#12025613)
Does it? The explanation was just to show what gradual increase in income inequality would look like (reducing the income of the lower bottom), which would eventually cause wealth inequality.
Think of startups gradually removing stock options from their employees, until they are absolutely eliminated with no salary compensation. Shareholders and management will get all the big gains from the company growth. One could consider this reasonable if the separation of dividends corresponds to the value provided, but I'd argue that there is a difference in the value you create, and the ability to capture that value.