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Relative poverty is not a zero-sum game. You may take the relative too literally for the sake of the argument. Reducing relative poverty can also increase the quality of life for the rich in a ways that goes past disposable income. High income inequality reduces the people you meet and befriend and places you visit.

Big TV-screens, game consoles, smartphones etc. are possible because there is enough people to create economies of scale that justify massive investments. It's not economical to spend billions over decades for R&D to produce these technologies to few million wealthy people.

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