Think there's room for more nuance around saying inequality increases as wealth increases. Eg a public transit system and a limousine service could both increase the wealth of a community but might have different effects on inequality. Services like Facebook or google naturally lead to extreme inequality due to the information availability differing between the company and consumers.
I did not say that inequality increases as wealth increases. I said, it <has> increased and so has wealth. This is a fact. We have seen the largest decline in material poverty in human history along with a massive increase in inequality. As an example, the OECD says that over the last three decades the share of Chinese living in absolute poverty has declined from eight in ten to one in
ten. At the same time, relative poverty (taking inequality into account) has more or less doubled.
Which metric is more important if you're a poor Chinese person?
