Actually income inequality was highest in agricultural times (higher than today), and hit its bottom in 60s or 70s for the US/UK, well after industrialization. Life expectancy and health inequality is near all-time lows right now. Information/education inequality is also at all-time lows, with more people in college than ever, and near universal access to the internet. Entertainment inequality is at all time lows.
Just wanted to note that we're really not doing too badly with advancing technology. And if you measure actual poverty as compared to relative poverty, which makes more sense to me, we are doing even better. Have a nice day.
How are you measuring that? If we're talking about the US, then housing, healthcare, and education are the three largest areas I've seen us regress in -- areas where inequality is at all-time highs.
Technology is advancing, and we're seeing lots of benefits from that -- I think everyone would agree. But advances in technology don't inherently translate into better quality of life. A $500 4K TV screen is amazing, but doesn't make up for the fact that a basic 2-bed apartment now costs $25,000/year. A $650 iPhone super-computer-in-your-pocket is fantastic, but doesn't make up for the fact that a 4-year degree now routinely runs $60,000 or higher.
Extending debt to cover up societies inequality doesn't actually solve inequality, it just hides from view how big of a problem the inequality has become.
> Just wanted to note that we're really not doing too badly with advancing technology
Tell that to all the people who are doing badly? Jesus, it's like people look at some statistics that say the world is ok, and then continue in their totally ignorant life. The world is literally full of people who say it's not good enough.
Just wanted to note that we're really not doing too badly with advancing technology. And if you measure actual poverty as compared to relative poverty, which makes more sense to me, we are doing even better. Have a nice day.