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There has been a trend towards more inequality in developed countries over the last decades. So we have to be careful not to regress.

>Not disagreeing with you but is the relative inequality better or worse than other periods in history?

Is the available wealth and technological means to eradicate inequality "better or worse than other periods in history"?

That's the important question, not whether a 2019 country that sends people to the moon and has access to nuclear power, communications, computing, etc, is better off than a 1500 A.D. feudal kingdom or a 10.000 B.C. cave...

Much, much worse. We passed the legendary inequality of the gilded age about 15 years ago, and the rate at which the divide has been growing has been increasing ever since. We created the richest people who have ever lived by a wide margin, and all trends point to the margin increasing.