this post was submitted on 12 Jun 2024
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US Authoritarianism
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But I think this is only about wages right? It doesn’t take into account growth in net worth based on shares, does it?
“Income” is understood to mean wages in measurements like this.
Not sure about this. However if this was the case, income would be a pretty useless term in terms of describing financial inequality, as a lot of wealth gained would be excluded by this definition.