Macro problem
Inequality is increasing:
SourceTop 10% have majority of the global wealth:
SourceAnd all of this even with tax for the rich increasing much faster than for the bottom 20%:
SourceProductivity is also increasing, but not compensation for it:

…meaning that technology and automation is replacing people, along with that of bigger part of income from new technologies is going to wealthy owners.
Micro problem
“We have met the enemy, and he is us.” — Walt Kelly
The micro-scale difference betwe...
Published on August 22, 2018 05:05