News for hackers. Stuff that matters.
Re:What's the Least Impactful Way to Spend $300,000,000? by shjake on Friday April 14, 2023 @02:04AM (#35566030)
What do you mean by ‘Global Inequality’?

Because income and wealth inequality has been steadily increasing in (almost)all developed countries

Re:What's the Least Impactful Way to Spend $300,000,000? by hkt on Friday April 14, 2023 @03:18AM (#35566482)
Global inequality has sort of fallen, insofar as China has reportedly lifted 800 or 900 million people out of extreme poverty. I suspect that's not what their were referring to though..!
Re:What's the Least Impactful Way to Spend $300,000,000? by eru on Friday April 14, 2023 @03:57AM (#35566735)
Not just China. All over the world once dirt poor people have started closing the gap. Most of South East Asia, India, even Sub-Saharan Africa, etc.
Re:What's the Least Impactful Way to Spend $300,000,000? by hkt on Friday April 14, 2023 @04:13AM (#35566841)
True, although as I understand it China has risen further and faster. Point taken though. Nigeria is one to watch on this.
Re:What's the Least Impactful Way to Spend $300,000,000? by eru on Friday April 14, 2023 @06:52AM (#35567944)
Yes, China's rise has been astounding.

However keep in mind that China is still only about as rich as Mexico or Russia in terms of GDP per capita. So hasn't joined the rich world, yet.

Ethnic Chinese people are very successful around the world. Mainland China actually has on average the poorest Chinese people. Compare eg Singapore, Taiwan, or even the ethnic Chinese populations in Thailand or the US.

(Not completely sure about the Chinese people in Thailand. Need to dig up stats.)

I myself migrated to Singapore a few years ago, as I agree with their pro-market policies. We also have great food here. Just the weather is a bit muggy.

Re:What's the Least Impactful Way to Spend $300,000,000? by hkt on Friday April 14, 2023 @01:06PM (#35571890)
Not yet, you're right - but if the World Bank is to be believed, it has raised 900 million people out of extreme poverty. That's astonishing compared to how everywhere else seems to be doing.

> weather is a bit muggy

On a rainy day in England, I can very much sympathise!

Re:What's the Least Impactful Way to Spend $300,000,000? by eru on Friday April 14, 2023 @04:01AM (#35566762)
Why do you worry about borders?

Just because eg inequality in the US might have increased, and inequality in China might have increased, doesn't mean that the inequality in their combined population has increased.

I'm talking about the combined population of all humanity.

See eg https://archive.is/7xWtr

Re:What's the Least Impactful Way to Spend $300,000,000? by jwestbury on Friday April 14, 2023 @04:49AM (#35567094)
> Why do you worry about borders?

Because our local society is the society against which we, as humans, tend to measure ourselves, and inequality within our in-group is the strongest predictor of crime, perhaps?

Re:What's the Least Impactful Way to Spend $300,000,000? by shjake on Monday April 17, 2023 @04:57AM (#35598288)
> Why do you worry about borders?

Why wouldn’t you? The fact that Chinese people are much better off than they were a few decades ago has almost no bearing on the well-being of me, my family, relatives, friends or almost anyone I know.

Increasing inequality in the country I live (or countries I have the right to live in or would ever consider moving to) does.