Inequality

Inequality is going up in nearly every country, but is that really a problem? It depends on three factors. First, perceived inequality is more important than actual inequality. A 2017 Yale University report suggested that, rather than absolute inequality, it is economic unfairness that concerns people. Second, future expectations are key. Someone may be very poor, but if they expect their situation to improve, they will be less dissatisfied than someone who is relatively well-off and expects their situation to stay the same or worsen. Finally, inequality among peers is more psychologically disturbing than inequality between ‘us’ and ‘them’.

— Wayne Visser

From Purpose Inspired: Reflections on Conscious Living, Volume 2. Buy on Lulu ↗