Re:Thousands of New Millionaires Are About to Eat San Franci...
by stcredzero on Thursday March 07, 2019 @01:59PM
(#19331007)
People are always talking about wealth inequality, but why, exactly is it bad?
Here's what the psychological research says about wealth inequality. There will be a certain number of young men who will make the calculation, "There's no way I can compete for mates in the current social order. So there's no reason why I should subscribe to it." Then they become law breakers or revolutionaries.
This isn't an absolute comparison. It's a relative one. So even though the poor might all have a home, refrigerators, and TV sets, the relative status calculation still applies. Also, the best guess, is that this has been part of our evolutionary heritage for awhile now, and so is wired into Homo sapiens at an unconscious level.
My conclusion is that any society needs some form of wealth redistribution, even if it's in the form of some sort of noble "everyman" and "everywoman" pastime that's provided by markets for a cheap price.
Here's what the psychological research says about wealth inequality. There will be a certain number of young men who will make the calculation, "There's no way I can compete for mates in the current social order. So there's no reason why I should subscribe to it." Then they become law breakers or revolutionaries.
This isn't an absolute comparison. It's a relative one. So even though the poor might all have a home, refrigerators, and TV sets, the relative status calculation still applies. Also, the best guess, is that this has been part of our evolutionary heritage for awhile now, and so is wired into Homo sapiens at an unconscious level.
My conclusion is that any society needs some form of wealth redistribution, even if it's in the form of some sort of noble "everyman" and "everywoman" pastime that's provided by markets for a cheap price.
https://www.youtube.com/watch?v=M3XYHPAwBzE