Does this study account for all of the women that have entered the workforce? Or the greater access to jobs blacks and other minorities have gained in this time. Or the influx of immigrants?
A lot of labor activists complain about “greedy corporations moving jobs to low wage countries.” What does replacing one $50k job here with 10 $5k job in India do to inequality? In a global economy, I don’t think you can have a serious conversation about inequality unless you talk about global inequality. I don’t know what the data there says, but there’s no question that there are far fewer people living in extreme poverty now than 50 years ago. Part of that is driven by some (low skilled) Americans living a slightly less cozy lifestyle.
A lot of labor activists complain about “greedy corporations moving jobs to low wage countries.” What does replacing one $50k job here with 10 $5k job in India do to inequality? In a global economy, I don’t think you can have a serious conversation about inequality unless you talk about global inequality. I don’t know what the data there says, but there’s no question that there are far fewer people living in extreme poverty now than 50 years ago. Part of that is driven by some (low skilled) Americans living a slightly less cozy lifestyle.