> Would you be willing to articulate why wealth inequality is bad for society? I am fairly certain that wealth inequality globally is higher than it was in 2000. At the same time, well the poorest globally are doing much much better on average.
Wealth inequality is an issue largely borne out within a particular society.
In the UK we've seen rising poverty and food insecurity at the same time as a rapid increase in the wealth of those at the top. That global poverty has improved means little to someone who is now struggling to put food on their table, or stay on top of their mortgage.
> In my mindset as long as the median is improving and the poorest are improving, the ratio of rich to poor isn't important and isn't clearing a bad thing if the inequality is increasing. You seem to think otherwise, why?
Wealth buys power. Allowing it to concentrate into a small group of people leads to issues.
Social cohesion seems to suffer as inequality rises.