Posted: Feb 20, 2018 11:33 am
I don't think lopping off the top of the pyramid qualifies as a leveller except geometrically.
Inequality can only be said to have been reduced in any meaningful way when poverty is reduced, regardless of whether the rich are affected. If the rich are affected and the poor do not benefit nothing has been achieved.
What provides hope is that access to information and the global community is becoming exponentially easier and faster. War has been reduced dramatically, and in many of the most educated and peaceful societies, poverty is rare and there is great support for social services, and an increased focus on sustainability and environmentally friendly practices. Birth rates are also low in such places.
I think such enlightenment is the future for fairer distribution of wealth and resources, although you could say that fairness has not been achieved if competition does not exist and those with the most resources are not free to leverage economies of scale to become more competitive and profitable. In a fair society the rich will always increase their wealth, it just must not be allowed to infringe on the rights of others or become exploitation.
Inequality can only be said to have been reduced in any meaningful way when poverty is reduced, regardless of whether the rich are affected. If the rich are affected and the poor do not benefit nothing has been achieved.
What provides hope is that access to information and the global community is becoming exponentially easier and faster. War has been reduced dramatically, and in many of the most educated and peaceful societies, poverty is rare and there is great support for social services, and an increased focus on sustainability and environmentally friendly practices. Birth rates are also low in such places.
I think such enlightenment is the future for fairer distribution of wealth and resources, although you could say that fairness has not been achieved if competition does not exist and those with the most resources are not free to leverage economies of scale to become more competitive and profitable. In a fair society the rich will always increase their wealth, it just must not be allowed to infringe on the rights of others or become exploitation.