One group gained enough to be able to help their kids have an education/chance for success in life, were able to have some consumption, and were able to have access to healthcare.
The other group just had more money/power than they had previously.
Raising someone from poor to middle class does a whole lot more good to that person's family/self than raising someone from extremely wealthy to ridiculously wealthy.
The only 'good' that you could argue that the latter does is via 'trickle down' which doesn't have empirical evidence that it actually happens. Unlike the empirical evidence of the difference between poverty and the middle class.
JM
(You could argue that it is 'good' because it is fair, but neither is fair. You could argue that it is 'good' because of helping the economy, this is basically the 'trickle down' argument which lacks empirical evidence.)
The other group just had more money/power than they had previously.
Raising someone from poor to middle class does a whole lot more good to that person's family/self than raising someone from extremely wealthy to ridiculously wealthy.
The only 'good' that you could argue that the latter does is via 'trickle down' which doesn't have empirical evidence that it actually happens. Unlike the empirical evidence of the difference between poverty and the middle class.
JM
(You could argue that it is 'good' because it is fair, but neither is fair. You could argue that it is 'good' because of helping the economy, this is basically the 'trickle down' argument which lacks empirical evidence.)
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