[lbo-talk] India 8th in billionaire club

Miles Jackson cqmv at pdx.edu
Tue Mar 15 09:38:46 PST 2005


On Tue, 15 Mar 2005, Sujeet Bhatt wrote:


> Eugene Vilensky wrote:
>
>> This is a bad thing though, right? Such massive inequality occurring
>> so rapidly?
>> ___________________________________
>> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>>
>>
> Well, as far as I am concerned, it's neither good nor bad. It's just one
> more startling fact we have to take into account in trying to make sense of
> the perplexing world we live in.
> --

Yep, children starving on the street while a few people accumulate more wealth than they can possibly spend in their lifetime: it's perplexing! How could a global capitalist market economy possibly lead to this severe inequality? Everybody knows that markets are efficient, right?

Miles



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