RE: On the Political impact of Innovation (featuring new author @claudiop63)
So can this decentralization reverse the increasing concentration of wealth in the hands of fewer and fewer people? Is our new Gilded Age a blip?
http://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality
"This guide consists of four sections. The first describes the commonly used sources and statistics on income and discusses their relative strengths and limitations in understanding trends in income and inequality. The second provides an overview of the trends revealed in those key data sources. The third and fourth sections supply additional information on wealth, which complements the income data as a measure of how the most well-off Americans are doing, and poverty, which measures how the least well-off Americans are doing."
I think decentralization can create wealth for talented people living in underdeveloped regions and/or outside the wealthy circles, so yes, it goes in the right direction. ..