this post was submitted on 26 Sep 2023
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If that's where it was going I wouldn't mind but researchers have tracked the missing wages and extra profits to the 1 percent.
When you think about what people live on in other countries you also have to think about what things cost around them. An apple, for example, is far cheaper for them to buy. That said there are still people in poverty even with that in mind and they should be helped. But that's not what's causing the inequality gap in western countries and it's far overblown as an argument to make Westerners ashamed to complain while they are exploited by the extremely wealthy.
The gap isn't necessarily bad. It's the things that cause it (and that the rising tide isn't lifting all boats) that's the problem.
This gap very much is. It's way too much for any sustainable society.