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[quote=Anonymous][quote=Anonymous][quote=Anonymous]More than any other factor, globalization has contributed to income inequality all over the west. Even assuming the average Brit's economic condition does not improve after Brexit, income inequality will almost certainly be reduced.

Is that not an end game for many on the left?[/quote]

How do you get that?  This will hurt the very people who voted for it the most -- the labor class always suffers the most when an economy goes into recession or depression as there is near universal prediction the British economy will.  The rich usually do just fine.[/quote]

Income inequality is a RELATIVE measure. Assume there are three people in UK, making 10, 30 and 70 pounds/year respectively. As the benefits of globalization disproportionately accrue to the wealthy, it is reasonable to predict that the wealthy will also bear the costs of de-globalization.

F, post-bred it, those three are now making 9, 28 and 62 pounds/year, respectively, even if the poor end of the spectrum is worse off, income inequality will have been reduced as the poor end will capture a relatively larger piece of the economic pie.

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