Thursday, March 05, 2009

perspective on poverty

Viewpoint:
I don't know how the disparity between today's rich and poor is relevant or meaningful or particularly disturbing. Wealth and poverty are relative. What difference does it make if one person has enough income to be comfortable, but someone else has a hundred times as much? What difference does it make if that gap widens every year as long as the "poorer" person is not regressing in absolute terms. The inequality that Dionne and Wallis should be talking about, and rejoicing in, is the inequality between our contemporary poor and those who were wealthy in almost every other period of human history.

I say they should rejoice because our poor are astonishingly wealthy, at least in material goods, compared to almost everyone else who has ever lived, even the wealthiest people.

A multi-millionaire from a hundred and fifty years ago actually had a lot less and in many ways had it a lot harder than most Americans living below the poverty line have today...
read the rest.

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