For most of human history, equality and poverty were much greater. People were equally miserable.
It is only in modern times that we discovered the productive capability to escape the Malthusian trap and improve the human condition. Because this happened unevenly, "inequality" rose. But this was not a bad thing, it was a necessary step in progress.
Today, much of the developing world is catching up to the rich world. This is reducing inequality.
Inequality is neither good nor bad in itself. Focusing on this one variable creates a far too simple model to understand the world.
It is only in modern times that we discovered the productive capability to escape the Malthusian trap and improve the human condition. Because this happened unevenly, "inequality" rose. But this was not a bad thing, it was a necessary step in progress.
Today, much of the developing world is catching up to the rich world. This is reducing inequality.
Inequality is neither good nor bad in itself. Focusing on this one variable creates a far too simple model to understand the world.