Shikha Dalmia on Why Income Inequality Is a Red Herring
America has done a remarkable job of closing the only gap that matters: the personal well-being gap. The difference between the basic goods available to average Americans and mega-rich folks such as Bill Gates has steadily decreased, writes Shikha Dalmia in her contribution to Boston Review's symposium on income inequality. Gates might have personal jets and private gardens. But thanks to technology-driven productivity increases and lowered trade barriers, almost every American can afford bypass surgeries, laptops with Internet access, cars, TVs, and occasional air travel.
