Murtaza Hussain
@mazmhussain
The U.S. has worse wealth distribution than pre-revolutionary France did: (Source: The Intellectualist)
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Jon Commstark
@commstark
Wealth distribution is a farse No one cares how much more someone else has than them They care what they have Revolutionary France had ppl starving in the streets. America has obese ppl as their poorest
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GIGAMΞSH
@gigamesh
“No one cares” Conservatives are top tier mind readers.
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Jon Commstark
@commstark
Whose life changes when a billionaire gets richer, other than the billionaire? If I’m not poorer, I don’t care So the gap and distribution of wealth as a % doesn’t matter as much as total change in individual real wealth If the billionaire is 10% richer and I’m 5% richer I’m happy despite the gap increasing The only people who aren’t happy in this situation are jealous by nature people and stupid people
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GIGAMΞSH
@gigamesh
When other people get richer, it does make you relatively poorer, because it increases the amount that sellers can charge for products (especially for vital stuff like housing). Additionally, it impacts mental health and social bonds. Extreme inequality is a direct threat to democracy.
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Jon Commstark
@commstark
studies like those mix up wealth inequality with countries where the average person is getting poorer. They don’t look at societies where everyone gets richer while the gap increases (Saudi Arabia over the past 50 years, America from 1880-1980)
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Jon Commstark
@commstark
Not necessarily true we can all get richer in real terms while the billionaires get even richer in real terms Jeff bezos making another billion dollars doesn’t necessarily (or realistically) impact my food bill that’s just what socialists claim because they don’t understand basic economics If there isn’t an impact to demand or supply of a product, price wise nothing changes
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