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bj0rn
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Comments by "bj0rn" (@TheLivirus) on "Chrystia Freeland: The rise of the new global super-rich" video.
The derivative (slope) of the income distribution curve is a fair representation of incentive, do you agree? What this lady is warning us about is that this curve is becoming increasingly exponential. What does this mean? Well it means the poorer you are, the less incentive you have. It also means that more people have less incentive and vice versa. Wouldn't it be best for everyone if this curve was more linear, that is to have the same incentive regardless of social class?
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At the moment, yes. But China is actually currently making an effort to reduce inequality, investing in healthcare, education, etc.
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"especially in places where acquiring wealth is easy, like the U.S." US has shitty social mobility. If you want to live the American dream, move to Norway.
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Sure, everything is relative, but in the context of developed countries, USA is certainly among the worst with respect to social mobility.
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Are you saying Norway is tight on immigration? *facepalm* Why don't you go ask Anders Behring Breivik what he thinks?
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Can you elaborate or perhaps refer me to some article/lecture on the connection between income inequality and the monetary policy enacted by central banks? I'm open to new perspectives. For you, I highly recommend the following lecture: /watch?v=NQGCoiakycQ This one's also great, but not as closely related: /watch?v=0MJHyMwtTZU Both are around 20 minutes long, but if you are interested in global economics and politics, time will fly by. They will really help you understand my perspective.
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So your conclusion is that poor countries are poor because they're lazy, and there's nothing we can do about it. So let's just ignore the poor and continue as usual. After all it's their own fault. Do you even know what social mobility means?
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