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realisticidealist
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« on: June 18, 2021, 02:49:22 PM » |
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I don't tend to view income inequality itself as a problem, but income inequality can be a canary in the coalmine of actual lurking problems. If income inequality arises because of declining upward income mobility or because economic trends are disproportionately taking a toll on the working class, for example, then income inequality may reveal this and alert to the issue.
However, there are certainly examples you can point to where income inequality and even increasing income inequality may not be a problem per se such as if it's the result of rising but uneven upward mobility.
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