Re:Status, Wealth, & Power: Network Effects Demand a New Soc...
by imtringued on Thursday July 15, 2021 @12:10PM
(#27846352)
>Unfortunately, this has always been true. It is not an artifact of modern economics.
That part doesn't even make any logical sense because there is nothing in economics that requires growing inequality. It's usually political power structures that need growing inequality. I would go one step further and say that growing inequality is bad for economic growth and has often ended in a revolution.
That part doesn't even make any logical sense because there is nothing in economics that requires growing inequality. It's usually political power structures that need growing inequality. I would go one step further and say that growing inequality is bad for economic growth and has often ended in a revolution.