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A comment on Analysis: Health care CEOs hauled in $4B last year as inflation pinched workers. Parent comment

Re:Analysis: Health care CEOs hauled in $4B last year as inf... by Aunche on Friday August 18, 2023 @09:14PM (#37184396)
https://wir2022.wid.world/chapter-2/

In figure 2.3, it shows that global inequality hasn't been lower since the 1870s, back when virtually all but the rich would be living in poverty by the standards of today.

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Re:Analysis: Health care CEOs hauled in $4B last year as inf... by ColoursofOSINT on Friday August 18, 2023 @09:46PM (#37184621)
Any data before 1900 is an estimation [1].

> but the rich would be living in poverty by the standards of today

Such a comparison is completely useless. A person today in the US in poverty is better off than a caveman. What of it?

[1]: https://www.sciencedirect.com/science/article/abs/pii/S00144...

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Re:Analysis: Health care CEOs hauled in $4B last year as inf... by Aunche on Saturday August 19, 2023 @12:26AM (#37185501)
Ok. So global inequality is lower than it's ever been since it could reliably be recorded.
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Re:Analysis: Health care CEOs hauled in $4B last year as inf... by ColoursofOSINT on Saturday August 19, 2023 @02:17AM (#37186074)
Not necessary.

You could make an argument for 2019, but COVID-19 significantly increased global inequality; in wealth and health [1-3].

[1]: https://news.un.org/en/story/2020/01/1055681 [2]: https://www.economist.com/finance-and-economics/2022/08/02/g... [3]: https://inequality.org/facts/global-inequality/

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