BOOK REVIEW

Where should society draw the line on extreme wealth? A fresh account sets out the logic and suggests how to redress inequality.

  • partial_accumen@lemmy.world
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    7 months ago

    The person making $100,000 is struggling to make car and insurance payments on their 2024 Porsche Cayenne.

    I get the idea of what you’re saying but for many geographies your dollar figure doesn’t match. Up your number to maybe $175k for somewhere like NYC or other large urban centers for it to be accurate.

    • jordanlund@lemmy.worldM
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      7 months ago

      Oh, definitely. You could even scale rent.

      Someone making $30K with 3 room mates is struggling to come up with their share of the rent.

      Someone making $100,000 with no room mates, is struggling to pay their $4,000 rent.