Dictionaries are easily available.
The poor and rich are not equally corrupt
He said, without citation. Also it seems you don't know much about poor people.
HN user
I live in Argentina and I don't like the effects of inflation nor its causes.
Dictionaries are easily available.
The poor and rich are not equally corrupt
He said, without citation. Also it seems you don't know much about poor people.
There's is poor people who exploit other poor people. Poor people that sends children to work for example. Only the rich can use power for evil? A stronger or armed person has a power differential with a weaker person. A smarter person has more power than a dumber one. And it's impossible for the smarter one to lend intelligence to another, and to the stronger one to give muscles to the weaker one. And in spite of this, many humans behave compassionately and respect laws.
Inequality increases the pool of wealth with which "haves" may bid up the prices of commodities, real property, and services. And they do, effectively increasing demand. Transitively, inequality drives inflation, i.e., local conditions.
Impossible if there's competition between producers and it's at world scale.
What if some people are just bad at doing things for themselves?
Tyrannies begin with those kind of ideas.
And inflation is a General increase in prices, not the increase of a specific good.
You redefined the word poverty there, that's not the common or dictionary definition.
Even with wealth equality, as long as there's scarcity, some people would try to gain advantages over others with means different than money: e.g advantageous connections with others, deception, etc. There's corruption among poor people, and rich people also steal from other rich people.
An utopic idea of equality blocks the capacity of observing how things work.
Many underdeveloped African countries have low Gini.
Do you prefer perfect equality in poverty, or some inequality and some wealth, a mixture of coexisting inequality and wealth.
There is rich people that steal from rich people. There are many cases of corruption where poverty is not a factor.
So, corruption is the problem, not inequality.
Acording to what you say:
- "The hallmark of developed countries is that they're even, mostly egalitarian and developed everywhere."
- "they go together" (poverty and inequality).
- The US is a developed country.
- The US has a great wealth inequality https://en.wikipedia.org/wiki/List_of_sovereign_states_by_we...
What you say implies contradictions.
What's your definition of exploitation?
There's is poor people who exploit other poor people. Poor people that sends children to work for example. Only the rich can exploit? You are not using the definition of exploitation from the dictionaries. A stronger or armed person has a power differential with a weaker person. A smarter and less smart person too.
So, exploitation doesn't seem to be related exclusively to wealth inequality. It's a moral thing, not a matter of wealth differences.
A simple narrative of "us-good VS them-bad" is reductionistic.
In the powerless VS powerful situation, taking aside poverty, what do you mean? The powerful manipulating the justice system with money?
That two actor system needs an poor person to exploit. You are confirming my statement that poverty is the main problem.
You are writing about democratic countries. Everyone votes. I sense that you're pointing to a different problem.
Your first paragraph says that poverty makes people accept things they wouldn't if they had more money. Poverty is the problem there.
Education and a society's culture are certainly important too.
There's poverty without inequality. In some primitive tribes everyone was poor. When natural adverse conditions hit some regions, also poverty was widespread.
That the justice can be persuaded in a certain direction with money is a weakness of the system. I don't think you would consider equal and just that every person could influence justice. The problem is the justice system.
Then I think that terrible labor laws are the main problem, not inequality
Correlation is not causation.
Would you say USA is a developed country, considering for example Los Angeles slums? And there's a bigger inequality between Elon musk and a well paid software developer than between a poor person in a developing country and a rich politician from that country.
Why do you see inequality as the problem, instead of poverty?
So there's no solution. Maybe hoping that solar and other renewables become very efficient and replace fossil fuels.
Why not?
The financial market is an expression of the incentives of investors.
I think that markets are not the problem, instead the problem is that pollution is free, companies and governments can pollute or Earth without paying externalities.
Blaming markets is completely missing the mark.
What do you think about the concept of "externalities", making producers of excessive contaminating gases pay for it because they are harming the planet?
So we need a benign world emperor. And there's the risk of an evil world emperor.
What would you suggest that humans could do to steer it away from climate change?
Voters also don't care much.
You might say that rich people and politicians have more responsibility because they have more power for making changes, but politicians are chosen by voters, and wealth doesn't make people more ethical
Is it very similar to the relatively new jdbcClient from Spring framework?
I see. You might read the article mentioned bu user opo in this same comment thread. And also consider the inflation that occurs in many countries that don't suffer any supply side shock.
what do you mean by "supply side shock"?
Why would it be impossible to research it's cause in a specific context?
You are not offering an argument about why can't it be investigated.
Do people in the U.S. have a good understanding of the causes of inflation?
There are a lot of artists and creators that create while they work in a job not related to what they create.
Money is not the only motivation to create.