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Comments on: Global income inequality http://www.tvhe.co.nz/2013/12/03/global-income-inequality/ The Visible Hand in Economics Sat, 25 Jan 2014 20:13:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Mehmet Salih Alişiroğlu http://www.tvhe.co.nz/2013/12/03/global-income-inequality/#comment-42643 Sat, 25 Jan 2014 20:13:00 +0000 http://www.tvhe.co.nz/?p=10439#comment-42643 it’s very interesting, and shows the recomposition of the working class
on a global scale. Where previously there was a strong differentiation
between the highly privileged working class of the first world and a sohbet
super-exploited third world proletariat, the twin effects of austerity
in the first world on the one hand and the industrialisation of the
third world on the other is now causing a trend towards convergence of
standards of living for the working class in the first and third worlds.
In other words, we’re beginning to see the end of the first world/third
world distinction.

]]> By: Mikhail http://www.tvhe.co.nz/2013/12/03/global-income-inequality/#comment-42556 Mon, 09 Dec 2013 20:28:00 +0000 http://www.tvhe.co.nz/?p=10439#comment-42556 it’s very interesting, and shows the recomposition of the working class on a global scale. Where previously there was a strong differentiation between the highly privileged working class of the first world and a super-exploited third world proletariat, the twin effects of austerity in the first world on the one hand and the industrialisation of the third world on the other is now causing a trend towards convergence of standards of living for the working class in the first and third worlds. In other words, we’re beginning to see the end of the first world/third world distinction.

]]> By: Religion and institutions | The Dismal Science http://www.tvhe.co.nz/2013/12/03/global-income-inequality/#comment-42553 Sat, 07 Dec 2013 02:00:23 +0000 http://www.tvhe.co.nz/?p=10439#comment-42553 […] but he relies on “common sense” views of rising injustice – rather than looking at the facts.  While this makes Catholics feel good about themselves, it is a lazy way to talk about justice […]

]]> By: Matt Nolan http://www.tvhe.co.nz/2013/12/03/global-income-inequality/#comment-42532 Tue, 03 Dec 2013 18:30:00 +0000 http://www.tvhe.co.nz/?p=10439#comment-42532 In reply to Shamubeel Eaqub.

Cheers, they will be pretty slow coming from now sadly – I am attempting to actually spend a little time thinking for these posts 😛

]]> By: Shamubeel Eaqub http://www.tvhe.co.nz/2013/12/03/global-income-inequality/#comment-42527 Mon, 02 Dec 2013 19:55:00 +0000 http://www.tvhe.co.nz/?p=10439#comment-42527 This is a really nice way to think about inequality. Without the adjustments for the various known differences like age etc, the static measures do not really give us a very good understanding of why the differences exist – and so what policy interventions, if any, are required. Really enjoying the inequality posts.

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