News for hackers. Stuff that matters.

A comment on World's richest 500 see their wealth increase by $1T this year. Parent comment

Re:World's richest 500 see their wealth increase by $1T this... by enraged_camel on Wednesday December 27, 2017 @01:27PM (#16016755)
>>Inequality should only matter to you personally if it means the lower bound on income, the poorest of the poor, is going down.

Wrong. Inequality of wealth results in inequality of political representation and therefore power. And even though wealth is not zero-sum, power is.

[ Parent | on HN ]

There are no comments on this comment yet.