The 3 Great Ironies of Wealth Inequality

[Dill]

(12-28-2016, 02:14 AM)THE Bigzoman Wrote: Inequality on a global scale is irrelevant unless you're advocating for some Alex Jones NWO kind of policy, which isn't very likely.

People are pretty gullible around these sorts of things.

This statement on inequality is puzzling. Why would economic inequality on a global scale be "irrelevant" to discussions of inequality in the US?  Some of our domestic inequality is surely the result of American businesses offshoring and outsourcing labor, so that a small percentage of Americans profit from cheaper labor elsewhere. Their profits would be less, and some American workers might be earning more, had those jobs remained in the US. That they did not increases the wealth gap in the US--profits (earned abroad) increase wealth at the top while wages decrease or cease to exist for workers at the bottom.

Reduction of wealth inequality in places like China, Indonesia, Vietnam, and India might help reduce it in the US as well, if such reduction involved raising the cost of labor.