Michael Perelman wrote: >Wasn't Wade's point that much of the increase in inequality was within >countries rather than between them?
Well yeah, but there's a tendency in left discourse to bracket out China, except to talk about sweatshops and political repression. The U.S. recession has gotten far more PEN-L traffic than growth in China, which has grown almost 10% a year over the last two decades. How'd it happen? What'd it mean? What's happened to incomes across the spectrum? Even if ineq increased, are the poor better off than they were 10 or 20 years ago? India shows growth rates of almost 6% - the same questions apply. I know growth is so much less fun than crisis, but maybe a few words... Doug