An Investment in Rising Inequality

By Matt Benjamin Inequality is rising.
Fancy new technologies are emerging that bring rapid wealth to a privileged few and only modest gains to the rest. Suddenly things are vastly different from the past, when everyone seemed more or less equal. To many, it doesn’t seem fair. And an immediate remedy is essential.
America in 2020?
Nope. The Fertile Crescent around 11,000 years ago, when the Agricultural Revolution took hold and converted bands of hunter-gatherers into settled farmers. The new technologies driving economic inequality were irrigation, pottery, and the selective breeding of cereal grasses and animals.
Interestingly, every revolution in human history that has delivered higher living …read more

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