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Envy Has Got Nothing To Do With It

November 26th, 2014 · No Comments

  • Evidence is mounting that rising inequality is producing negative economic effects.
  • These effects range from producing insufficient demand, financial instability, a decline in societal cohesion, trust and upward mobility.
  • Those who are worried by these developments are not necessarily motivated by envy, nor do they want to abolish capitalism.
  • What is necessary is a dispassionate cost-benefit analysis of the rise in inequality, which is what we’ll try below.

Envy Has Got Nothing To Do With It | Seeking Alpha

Tags: Inequality