Economic Inequality Debate
The cluster centers on debates about whether income, wealth, or economic inequality is inherently bad, a symptom of other issues like poverty, or necessary for societal incentives and progress.
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Some things stem from wealth inequality.
Why is income inequality bad anyway?
The inequality is not the problem, it's a symptom of the wealth redistribution from the bottom to the top.
Wouldn't it actually fall under the umbrella of economic inequality?
Because income inequality is more important to this guy than providing for people's basic needs lol
Why would you think that inequality is a bad thing?
I believe extreme wealth inequality is bad for economies and society.
it's almost like extreme inequality is bad or something
Inequality is not a bad thing. It's actually necessary to have inequality of outcomes otherwise you have no incentives for improvement. An example of a society with very low inequality is old-school communism where most people are equally poor - it's clearly not a good thing.What is bad is extreme inequality where a lot of people are in poverty. I think most people would agree that poverty is a bad thing that we should try to reduce.It's quite possible for poverty to decreas
You're thinking of income inequality.