this post was submitted on 28 Jan 2024
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Yeah, you should really be aware of wealth disparity on a global scale. Every American is pretty much in the top 5% of the richest worldwide.
Disparity won't be fixed by taxing American rich. It will be fixed by plunging every American to Indian poverty standards.
Yeah, if you compare with other countries the Americans are wealthier. But if you compare Americans in the Rust Belt and flyover states with those on the coast, the wealth disparity is much more contextualised and meaningfully comparable. Now we see why Trump is winning in the polls.
If the wealthy and well off keep ignoring issues, liberal democracy will die and we're going to have World War III.
"People who are hungry, people who are out of a job are the stuff of which dictatorships are made."- Franklin D. Roosevelt