Taking From the Rich Might Not Help the Poor

The video discusses the global trend of rising income inequality, highlighting its impact on political movements and economic stability. It clarifies the definition of income inequality, distinguishing it from poverty and class division. The video examines income inequality in the US and China, noting the widening gap and its consequences. It explores the negative outcomes of inequality, such as political instability and economic stagnation, while also addressing debates on whether inequality can incentivize innovation. Despite rising inequality, over a billion people have been lifted out of extreme poverty since 1990.

What has been the trend of income inequality over the last decade?

How did the average yearly income for the poorest households in the US change from 2007 to 2016?

What are some negative outcomes linked to rising income inequality?

What argument do some people make regarding the relationship between inequality and innovation?

What has been the impact of rising inequality on extreme poverty since 1990?