Live data from Hacker News

Economic Inequality Is Worse Than We Think (2015)

scientificamerican.com

11–20 of 104 posts

Re: Economic Inequality Is Worse Than We Think (2015)

#11
post #6
post #4

Earlier quoted context omitted.

So your solution is basically: "kill the poor".

No, quarantine the further spread of poverty.

Poverty is not a disease, its a happening. Like falling over or getting hit by a bus. It prays upon the less agile of us so pray that one day when your agility slows you're not unlucky enough to get hit by the proverbial bus.

Heck you might gain a bit of sympathy then so maybe it wouldn't be a completely bad thing...

Re: Economic Inequality Is Worse Than We Think (2015)

#12
post #3

To me the worse problem is: While I can understand that it is an inconvenient situation to be poor (and I have some kind of compassion for them), I really cannot understand how one could even come to the idea to give rise to children if one is not in a high quantile of earning. If people applied this reproduction strategy consequently, poverty would simply die out.

So only rich people deserve to have a family? Only the rich deserve to find joy in nurturing and raising others? A lot of people, even though they don't have much, they find fulfillment in their family. If you think they shouldn't have children, that means taking away the only joy in some people's lives. Weird sentiment you have there.

Re: Economic Inequality Is Worse Than We Think (2015)

#13
post #4
post #3

To me the worse problem is: While I can understand that it is an inconvenient situation to be poor (and I have some kind of compassion for them), I really cannot understand how one could even come to the idea to give rise to children if one is not in a high quantile of earning. If people applied this reproduction strategy consequently, poverty would simply die out.

So your solution is basically: "kill the poor".

Can you point to the word "kill" in his post?

Re: Economic Inequality Is Worse Than We Think (2015)

#15
Looking at the charts from Capital in the 21st Century [1] it's obvious that previous relative equality of wealth was largely due to the incredibly destruction of the two world wars. Factories blown up, colonial lands lost and war debts inflated away wiped out many fortunes.[2]

So the reduced power of post war rich, combined with fear of communism resulted in the Democratic Socialist consensus that gave us high taxes and a big middle class. (And Vietnam but I digress).

Since fear of Communism has eased and the rich have again massed giant fortunes there's little to stop them weakening the rules that prevent our Democracies from being bought.

To me this is a compelling explanation for how you end up with Trump running against Clinton two historically disliked candidates. Almost everything in the news is just noise to the slow grinding power of wealth accumulation. Occasionally you get a glimpse as WaPo is bought by Bezos, Trump gets elected and Zuck clearly starts to form some presidential ambitions. But largely everything is a distraction to pull your eyeballs, after all that's what our media is paid to do.

[1] http://piketty.pse.ens.fr/files/capital21c/en/Piketty2014Fig...

[2] Capital in Britain 1700-2010: http://piketty.pse.ens.fr/files/capital21c/en/pdf/F3.1.pdf

Re: Economic Inequality Is Worse Than We Think (2015)

#16
post #3

To me the worse problem is: While I can understand that it is an inconvenient situation to be poor (and I have some kind of compassion for them), I really cannot understand how one could even come to the idea to give rise to children if one is not in a high quantile of earning. If people applied this reproduction strategy consequently, poverty would simply die out.

So we should have only got Kings out of the middle ages?

Re: Economic Inequality Is Worse Than We Think (2015)

#17
post #4
post #3

To me the worse problem is: While I can understand that it is an inconvenient situation to be poor (and I have some kind of compassion for them), I really cannot understand how one could even come to the idea to give rise to children if one is not in a high quantile of earning. If people applied this reproduction strategy consequently, poverty would simply die out.

So your solution is basically: "kill the poor".

You're saying it as if it's something bad.

Re: Economic Inequality Is Worse Than We Think (2015)

#18
post #13
post #4

Earlier quoted context omitted.

So your solution is basically: "kill the poor".

Can you point to the word "kill" in his post?

Preventing some arbitrary part of the population from having children is basically eradicating that population, long term. I just used "kill", for simplicity.

https://en.wikipedia.org/wiki/Eugenics

Re: Economic Inequality Is Worse Than We Think (2015)

#19
I think everyone should read Nickel and Dimed (https://en.wikipedia.org/wiki/Nickel_and_Dimed) by Barbara Ehrenreich. She goes undercover and tries to survive working minimum wage jobs. I don't think I'm spoiling the book by revealing that she wasn't able to. After three months she were so deep in debt that she had to abort the experiment.

Re: Economic Inequality Is Worse Than We Think (2015)

#20
post #7

Earlier quoted context omitted.

Context matters. If we're talking about a first world country, income inequality is a meaningful metric.

Because...

Because we generally recognize that feudalism is bad, and therefore society becoming more feudalismesque is also bad?
Post reply on HN