Chris Larkin @chriselarkin.bsky.social · 09/12/2024Fascinating thread! Thanks. My two cents on this graph is that it not being obvious isn’t the same as it being structurally set. I assume this has changed over time, so presumably it can change again? 010
Chris Larkin @chriselarkin.bsky.social · 06/12/2024Tl;dr: while wealth _inequality_ hasn't grown over this period, wealth has; meaning the importance of wealth as a driver of economic security (dare I say prosperity) has grown relative to income. Given that wealth is inherently(?) more unequal than income, this makes for a less fair economy. 2/2 010
Chris Larkin @chriselarkin.bsky.social · 06/12/2024Fascinating discussion and data in this article (from @simonpittaway.bsky.social and @tom-clark.bsky.social), squaring the circle of why our economy is today less fair, yet wealth inequality hasn't meaningfully increased in the last ~50 years. 1/2 121