Re:Don’t Tell Your Friends They’re Lucky
by FabHK on Wednesday January 25, 2017 @04:28PM
(#13486335)
Poverty is a problem, obviously, but inequality is a problem in itself.
* inequality subverts the democratic process
* inequality subverts the rule of law
* I'd argue it even threatens human dignity
* in economics, my utility function typically only takes my well-being/wealth/consumption/circumstances into consideration, not my neighbour's. That's a simplification, so that one can do economics. It's pragmatic and expedient - it is certainly neither descriptive nor normative. Although there is a tendency in libertarian/"economism" circles (google James Kwak "economism" if you don't know what it means) and even others (skeptic Michael Shermer, for example) to consider it the rational thing to do.
I don't see why. Yes, if I get 10$ more, and all my neighbours get $10000 more, I will be cranky and unsatisfied, utility function bla bla my ass.
Inequality also depresses human happiness.
TL;DR: excessive inequality jeopardizes democracy, the rule of law, human dignity, peace, and happiness.
* inequality subverts the democratic process
* inequality subverts the rule of law
* I'd argue it even threatens human dignity
* in economics, my utility function typically only takes my well-being/wealth/consumption/circumstances into consideration, not my neighbour's. That's a simplification, so that one can do economics. It's pragmatic and expedient - it is certainly neither descriptive nor normative. Although there is a tendency in libertarian/"economism" circles (google James Kwak "economism" if you don't know what it means) and even others (skeptic Michael Shermer, for example) to consider it the rational thing to do.
I don't see why. Yes, if I get 10$ more, and all my neighbours get $10000 more, I will be cranky and unsatisfied, utility function bla bla my ass.
Inequality also depresses human happiness.
TL;DR: excessive inequality jeopardizes democracy, the rule of law, human dignity, peace, and happiness.