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Tag Index  /  Showing 1 of 1 results for “income inequality”

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Jaron Lanier on Why Wealth Concentration Among the Few Is Unsustainable

Technologist and author Jaron Lanier wants to reframe the debate about income inequality, starting with semantics. He takes exception to the notion that income equality would ever be a good thing. “To really make incomes equal, there would have to be some sort of force that would pound people down and say, We will all be equal!” said Lanier during a talk at Techonomy 2014 in Half Moon Bay, Calif. Rather, Lanier sees inequality as an inherent dimension of a market economy, noting that “any world of freedom is going to create variation of outcomes.” The problem, however, lies in how these outcomes are spread across society.   More