{"id":1720,"date":"2016-09-01T00:06:41","date_gmt":"2016-09-01T07:06:41","guid":{"rendered":"http:\/\/www.onvural.net\/melih\/thoughts\/?p=1720"},"modified":"2016-09-01T00:06:41","modified_gmt":"2016-09-01T07:06:41","slug":"fixing-the-elephant-chart-is-our-generations-imperative","status":"publish","type":"post","link":"https:\/\/www.onvural.net\/melih\/thoughts\/2016\/09\/01\/fixing-the-elephant-chart-is-our-generations-imperative\/","title":{"rendered":"Fixing the elephant chart is our generation&#8217;s imperative"},"content":{"rendered":"<p>First, go read this <a href=\"http:\/\/voxeu.org\/article\/greatest-reshuffle-individual-incomes-industrial-revolution\">blog post<\/a>.<\/p>\n<p>Or if you&#8217;re not going to do that, then just refer to this chart here:<\/p>\n<figure id=\"attachment_1721\" aria-describedby=\"caption-attachment-1721\" style=\"width: 526px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/voxeu.org\/article\/greatest-reshuffle-individual-incomes-industrial-revolution\"><img loading=\"lazy\" class=\"size-full wp-image-1721\" src=\"https:\/\/i1.wp.com\/www.onvural.net\/melih\/thoughts\/wp-content\/uploads\/2016\/08\/milanovicfig1.png?resize=526%2C391\" alt=\"The Elephant Chart documenting the distribution of income due to globalization (Source: http:\/\/voxeu.org\/article\/greatest-reshuffle-individual-incomes-industrial-revolution)\" width=\"526\" height=\"391\" data-recalc-dims=\"1\" \/><\/a><figcaption id=\"caption-attachment-1721\" class=\"wp-caption-text\">The Elephant Chart documenting the distribution of income due to globalization (Source: http:\/\/voxeu.org\/article\/greatest-reshuffle-individual-incomes-industrial-revolution)<\/figcaption><\/figure>\n<p>It&#8217;s called the &#8220;Elephant Chart&#8221; because of its shape. And there&#8217;s a big problem there that we need to fix. We need to start talking about how we can redistribute wealth into the &#8220;B&#8221; area. Solve that problem and\u00c2\u00a0the next Trump\/Brexit\/European fascist\u00c2\u00a0won&#8217;t rise in 20 years. Don&#8217;t, and &#8211; I fear &#8211; we\u00c2\u00a0walk\u00c2\u00a0into a class-based, xenophobic backlash of unstoppable proportion.<\/p>\n<p>Real quick summary for folks who don&#8217;t want to read the article. If you&#8217;re in the &#8220;A&#8221; area, then you&#8217;re probably from China or India and a LOT wealthier than you were 25 years ago. If you&#8217;re in the &#8220;C&#8221; area, then you&#8217;re probably from the US, upper middle class, and a LOT wealthier than you were 25 years ago. If you&#8217;re in the &#8220;B&#8221; area, then you&#8217;re probably what&#8217;s left of America and Europe&#8217;s middle class, and globalization has left you no wealthier, if not somewhat poorer, in the last 25 years.<\/p>\n<p>Trump\/Brexit\/European fascism is being powered by the groups who feel marginalized by being in group &#8220;B&#8221;.<\/p>\n<p>The fear of free trade is being powered by the groups who feel marginalized by being in group &#8220;B&#8221;.<\/p>\n<p>And we&#8217;re failing to have the hard conversations around:<\/p>\n<ul>\n<li>The massive growth in &#8220;A&#8221; &#8211; it&#8217;s killing our planet, but does anyone have the right to say stop? By dumping free trade, we&#8217;ll slow that growth down. Then what happens with 2+ billion underemployed citizens across Asia and Africa?<\/li>\n<li>The jobs we need to create to help the &#8220;B&#8221; group &#8211; they&#8217;re not going to come from our corporate economy which means we have to find ways to re-introduce a competitive\u00c2\u00a0economy. But the corporates are entrenched, have economies of scale, and won&#8217;t just roll over. And the consumer has already run the mom-and-pop shop out of business to replace it with the retail chain, to then replace the retail chain with the eCommerce giant. So how do we re-introduce employment as a priority when the consumer just wants inexpensive?<\/li>\n<li>The gains in wealth for &#8220;C&#8221; &#8211; is there a fair opportunity for everyone to access those gains, and, assuming the answer is no, how can we fix that? Picketty tells us that if you don&#8217;t own sources of wealth, there&#8217;s no way to fix it. Redistributing land and wealth just for the sake of redistribution may be an option, but the how feels quite daunting.<\/li>\n<\/ul>\n<p>I think what I really want is more to read and learn from about how folks are thinking about this. Especially from non-OECD points of view. And then to figure out how to be part of fixing this issue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>First, go read this blog post. Or if you&#8217;re not going to do that, then just refer to this chart here: It&#8217;s called the &#8220;Elephant Chart&#8221; because of its shape. And there&#8217;s a big problem there that we need to fix. We need to start talking about how we can redistribute wealth into the &#8220;B&#8221; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[4,1],"tags":[],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pQyAq-rK","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":742,"url":"https:\/\/www.onvural.net\/melih\/thoughts\/2014\/01\/05\/this-week-in-review\/","url_meta":{"origin":1720,"position":0},"title":"This week in review","date":"January 5, 2014","format":false,"excerpt":"Every Sunday night, I'll do a weekly update of life because it's too hard to keep up otherwise. This was a week of family bonding. Over last weekend, we took advantage of not having any kid's activities to head south. We hit up Costanoa (we love this place) for elephant\u2026","rel":"","context":"In &quot;just thinking out loud&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1681,"url":"https:\/\/www.onvural.net\/melih\/thoughts\/2016\/01\/06\/final-weigh-in\/","url_meta":{"origin":1720,"position":1},"title":"Final weigh-in","date":"January 6, 2016","format":false,"excerpt":"Today I did my final weigh-in for a weight loss contest I started with Praveen\u00c2\u00a0last year. I lost. But here are the highlights and lowlights: I had a great first 90 days. I was exercising 5 days a week\u00c2\u00a0for 30 - 45 minutes. 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The goal in April will be focusing on getting exercise into the groove in one way or another to really push me into the 180s\u2026","rel":"","context":"In &quot;New Year Resolutions&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1904,"url":"https:\/\/www.onvural.net\/melih\/thoughts\/2018\/08\/04\/2018-goals-july-update\/","url_meta":{"origin":1720,"position":3},"title":"2018 Goals - July Update","date":"August 4, 2018","format":false,"excerpt":";tldr Some wonderful new patterns are emerging, and I think I'm more sustainably finding a path towards health. Also shoutout to John Holland and all the other folks who always have my back on these goals. Get to 175 lbs July weight chartThe last month has been an exercise in\u2026","rel":"","context":"In &quot;New Year Resolutions&quot;","img":{"alt_text":"July weight chart","src":"https:\/\/i1.wp.com\/www.onvural.net\/melih\/thoughts\/wp-content\/uploads\/2018\/08\/img_6227.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1211,"url":"https:\/\/www.onvural.net\/melih\/thoughts\/2014\/06\/01\/happy-birthday-amelia\/","url_meta":{"origin":1720,"position":4},"title":"Happy birthday Amelia!","date":"June 1, 2014","format":false,"excerpt":"Darling Amelia. You turned three years old today. What a year we shared together. You started school last August, and you're getting ready to \"graduate\". We've moved house, travelled across the US, met elephant seals, learned to communicate, did potty training, and so much more. You hate to sleep. Especially\u2026","rel":"","context":"In &quot;Fatherhood&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":404,"url":"https:\/\/www.onvural.net\/melih\/thoughts\/2010\/11\/01\/understanding-motivation-part-2\/","url_meta":{"origin":1720,"position":5},"title":"Understanding motivation - part 2","date":"November 1, 2010","format":false,"excerpt":"My younger brother called me today to let me know about his LSAT score. He studied pretty much non-stop from mid-May through mid-October for this test. It's on the margin where test scores make a difference, and based on a chart of law school acceptance scores found here, the difference\u2026","rel":"","context":"In &quot;just thinking out loud&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.onvural.net\/melih\/thoughts\/wp-json\/wp\/v2\/posts\/1720"}],"collection":[{"href":"https:\/\/www.onvural.net\/melih\/thoughts\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.onvural.net\/melih\/thoughts\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.onvural.net\/melih\/thoughts\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.onvural.net\/melih\/thoughts\/wp-json\/wp\/v2\/comments?post=1720"}],"version-history":[{"count":0,"href":"https:\/\/www.onvural.net\/melih\/thoughts\/wp-json\/wp\/v2\/posts\/1720\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.onvural.net\/melih\/thoughts\/wp-json\/wp\/v2\/media?parent=1720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.onvural.net\/melih\/thoughts\/wp-json\/wp\/v2\/categories?post=1720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.onvural.net\/melih\/thoughts\/wp-json\/wp\/v2\/tags?post=1720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}