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May 30, 2025

Is it realistic to expect a significant reduction in global inequality within the next 20 years?




Total votes: 10

Comments

  1. PatientTurtle5
    13.5

    A reduction would require international coordination to implement more progressive structures, which is not impossible but seems like a lofty goal in the current political climate

    Upvote 2
  2. CalmMagpie1
    17.5

    While the current political climate is tense and would lead me to think ‘significant’ reductions in global inequality are far off, the greater connectivity between people and increasing levels of …Read MoreWhile the current political climate is tense and would lead me to think ‘significant’ reductions in global inequality are far off, the greater connectivity between people and increasing levels of technology are promising for positive developments. If those who are already advantaged make a turn to not suppress those opportunities, I think reductions have potential. It may be less of a ‘realistic’ outcome and more of a ‘hopeful’ possibility as of right now. Read Less

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  3. JumpCow1
    12.5

    Global inequality is driven by many factors such as economic systems, education, technological development, etc. These factors interact with each other in unpredictable ways, which makes long term …Read MoreGlobal inequality is driven by many factors such as economic systems, education, technological development, etc. These factors interact with each other in unpredictable ways, which makes long term issues difficult. Read Less

    Upvote 1
  4. VibrantRabbit9
    40

    While I would love to say yes, unfortunately, the answer is no. Global inequality has been driven by many different factors throughout history. Even if we ‘solve’ some inequalities, there will always …Read MoreWhile I would love to say yes, unfortunately, the answer is no. Global inequality has been driven by many different factors throughout history. Even if we ‘solve’ some inequalities, there will always be more to replace them. It is not realistic to expect that something so prevalent in history and in our current lives will significantly decline. Read Less

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  5. DeterminedDolphin8
    64.5

    I voted ‘maybe’ because the world is constantly in flux. Inequality in education, healthcare, housing, and other areas is always evolving. Once some progress is made in one area, new forms of …Read MoreI voted ‘maybe’ because the world is constantly in flux. Inequality in education, healthcare, housing, and other areas is always evolving. Once some progress is made in one area, new forms of inequality tend to arise in another. Read Less

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  6. JumpZebra4
    28.5

    It is not very likely without dramatic shifts in economic institutions and the mindset of individuals. Especially in countries like the US, capitalism is often valued extremely highly by many. …Read MoreIt is not very likely without dramatic shifts in economic institutions and the mindset of individuals. Especially in countries like the US, capitalism is often valued extremely highly by many. Ultimately, the value of capital rises faster than the economy grows. Insofar as those who have capital are often already the wealthiest (that’s why they have capital in the first place), then the wealth of the top 1% will always grow faster then the wealth and wages of everyone else. Read: Thomas Picketty’s Capital in the Twenty-First Century. I also think that, even if you disagree with the premises of this argument, the empirical arguments are extremely powerful. Why is it that, in the face of high disdain for inequality, inequality keeps growing at record rates? Read Less

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