Banker or Blogger (2)

A second innings then for this post...in response to Greg Pye's excellent comments.
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On the recent increase in US and UK Ginis, the OCED data does actually show a time series. The story doesn't really change if one looks back to the mid 80s. Here are the rankings from ~20 years ago from a sample of 24 (rather than 30) OECD countries:

1. Mexico 0.452
2. Turkey 0.434
4. United States 0.338
8. United Kingdom 0.325
12. Canada 0.287
15. New Zealand 0.271

- The biggest mover is New Zealand, which was a hot little economy in the 90s, and saw a sharp inequality rise then. Kiwi Ginis seem steady over the last decade

- The USA, and most of the OECD, have expectedly seen a steady rise in inequality
since the mid 70s, the earliest data on this table

- Inequality in Britain sems to have peaked 1990 and remained there or thereabouts ever since. The steep rise seems to have happened in Margaret Thatcher's time. Surprisingly, and maybe incorrectly, the last data point actually shows a small Gini decline in the UK
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On the irrelevance of national statistics, I do think inequality is experienced most powerfully within a tight reference group. As H.L. Mencken once said, "a man's satisfaction with his salary depends on whether he makes more than his wife's sister's husband". But I do think there is a difference between the angst induced by a brother-in-law's Ferrari, and the unease triggered by the suffering of millions of decent people.

What I'm trying to get at is the impact that that suffering has on the psyche. Does a keenly felt awareness of suffering push the psyche towards work, towards seriousness?

I love the thought that sensitivity to suffering need not be limited by national boundaries. Absolutely. But the boundary could provide the psyche with a prop with which to make peace with the suffering of innocents.

The central point in the first post was that the psyche tends to deal with injustice by wrapping itself around work, around seriousness. I'm sure it sometimes does. But the weakest part of the argument is that the psyche could, and often does, cope by imposing an identity on the people suffering, turning them into the "other". Race, caste, class, religion, nation...any schism will do. Once that boundry has been established, the psyche is free to go ahead and have fun.
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Was this post triggered, at some subliminal level, by the hoop la around Slumdog Millionaire?