(November 19, 2014 at 1:21 pm)Parkers Tan Wrote: I'm unsure of the soundness of such a revision. Any system can be gamed. The point about transparency is pretty strong, though.
(November 19, 2014 at 12:29 pm)Heywood Wrote: The last 30 years has seen all boats rise....so yes growing the pie economics works bitches.
The last thirty years have seen inequitable rises; while the pie is growing, some shares are growing faster than others, as well.
While their slice might be proportionally smaller today than it was 30 years ago(in terms on income which is not a good measure) it is still a larger slice than it was 30 years ago. What would the poor rather have? Half a 6 inch pizza or one quarter a 24 inch pizza?
If you looked at the consumption pie instead of the income pie, I imagine the the poor's slice is growing proportionally faster than the rich's. I'm not sure how you would go about measuring this. Perhaps go and measure the amount that rich people throw away versus the amount that poor people throw away. The rich probably still throw more stuff away but the amount that poor people throw away is likely catching up.