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0 pointsClumsyPilot3y ago0 comments

> Poor people in the United States are far richer than rich people of 150 years ago.

There is no material improvement in wealth over the past 20 years, but inequality has grown.

Wealth is produced by innovation, and greater concentratuon of wealth will lead to less innovation.

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There’s certainly been a technological improvement in which increasing numbers of people have access to the internet and smart phones, with an explosion of information, communication and entertainment.

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0 pointsClumsyPilot3y ago0 comments

> Poor people in the United States are far richer than rich people of 150 years ago.

There is no material improvement in wealth over the past 20 years, but inequality has grown.

Wealth is produced by innovation, and greater concentratuon of wealth will lead to less innovation.

0 comments

goatlover3y ago

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