Re:France’s Message for Capitalism: Adapt or Die
by RcouF1uZ4gsC on Tuesday March 19, 2019 @04:54PM
(#19435737)
>It might increase income inequality in your country, but does it do so globally?
I think locality matters for income inequality. The poor kid in Bangladesh, really doesn't care that someone owns a $100 Million apartment in Manhattan. However, if you are the working poor in NYC struggling to make ends meet, you are likely to feel something viscerally (maybe a tiny amount) when you go past those apartments.
People tend to compare and judge locally. Who you see, who you interact with on a daily basis matter far more than some theoretical person 1000's of miles away.
I think locality matters for income inequality. The poor kid in Bangladesh, really doesn't care that someone owns a $100 Million apartment in Manhattan. However, if you are the working poor in NYC struggling to make ends meet, you are likely to feel something viscerally (maybe a tiny amount) when you go past those apartments.
People tend to compare and judge locally. Who you see, who you interact with on a daily basis matter far more than some theoretical person 1000's of miles away.