percentile economics

like i say, it's not that i'm just endorsing peterffy's ad. but there is one thing wotrth thinking about (again); whether to measure, say, welfare or justice in comparative or absolute terms, or perhaps some other aproach. 'under socialism, the rich became poorer, but the poor also became poorer.' almost anyone, i think, would not regard this as a good trade-off (whether that is an accurate depiction of socialism here or there is another matter). so if we frame the thing in terms of income percentiles, a la 1%/99% and define the problem as inequality, a situation in which we reduce the wealth of the highest group to 1/10 of what it was, while reducing the resources of the poor by half is an improvement, though people begin to starve. you might think about whether you would choose an unbelievably unequal distribution of goods where everyone has (at a minimum) enough, or a much more equal distribution where some people don't if you are even tempted by the latter i think self-reflection is called for: is the driving force justice or mere envy?