https://www.washingtonpost.com/news/wonk/wp/2018/02/06/how-rising-inequality-hurts-everyone-even-the-rich/?utm_term=.bafa85804ace

http://www.faireconomy.org/why_is_income_inequality_bad

^^This touches more on social consequences

@Techpriest

https://qz.com/836927/is-income-inequality-always-a-bad-thing/

@Techpriest that’s a solid point. If everyone can afford a house and a car then I think the anger being the income gap and wealth inequality would die down. It would from me at least lmfao. I don’t expect a drastic change like the rich into the middle class. But I think if we could bring the lower and lower middle class up, by any means necessary it could happen.

Which is why it wouldnt be important

If the richest man can buy space ships

If the poorest man can buy a house and car and live in it his entire life

Thats the dream

Wealth inequality isnt inherently bad

Its what the rich people do with their wealth

Government simply do not know how to manage money

They ask for 2 billion for a high-speed train in 2012

And now they want 10 billion for a train that is smaller now

And there are literally asshole billionaires who dont actually help people

Bill Gates for example has been a deterrent to the economy of Africa for years

How can Africa ever hope to stabilize when there are free stuff that keep pouring in for no reason

Did India ever get asshole billionaire ruining their country after their independence?

Ofc not

Without asshole 1%ers India was able to be self sufficient

And now emerging economic superpower

Okay wait, multiple of those claims need a source

And most of that is bullshit

The only reason India is currently an economic powerhouse is because they’re selling their workers to China and getting major investment from China therefore invalidating your point of investment halting sufficiency @Techpriest

And what you’re saying is wealth inequality is fine if you eliminate the symptoms of it. I could say the same thing about cancer. Cancer isn’t that bad if you didn’t get weakened and die by it.

@Deleted User yes

That’s also how regular taxation works

taxation more like theft

😎

Yea

State sanctioned theft

Too bad we need taxes

No we don’t

@Komrade Kam that also needs sourcing

@Deleted User dad

https://www.forbes.com/sites/suparnadutt/2018/05/01/how-china-is-positioning-itself-among-the-top-10-investors-in-india-despite-bilateral-differences/#1c0ddad71dac

@Chemar

?

Source for China investing in India