Re:Blackouts have hit Iran. The government is blaming Bitcoi...
by alentist on Saturday January 23, 2021 @09:08PM
(#25888305)
Income inequality isn’t the problem. Poverty is. [0]
I’m not automatically worse off because someone else is better off. That’s fallacious nonsense (the zero-sum fallacy). And it definitely does not meaningfully translate across countries, if what you’re interested in is human welfare.
[0] https://www.hoover.org/research/income-inequality-isnt-probl...
Fact is, United States is pretty shit when it comes to income inequality.