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So I'm not a historian but what I've read is that inequality has been a problem that we had for centuries. But there's some very interesting
research recently from Gido Alfani, an Italian historian who says yes, but that inequality was tolerated because when there was a societal crisis, the richest
would step up. They would have a sort of financial buffer function for the whole of society and his worry is that right now rich are no longer able to do this.
Listen to native speakers pronounce “alfani” in real conversational contexts with synchronized timestamps and subtitles.