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The United States of Income Inequality

Home Forums General Columbus Discussion Politics The United States of Income Inequality

Viewing 12 posts - 1,201 through 1,212 (of 1,212 total)
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  • #402487

    jackoh
    Participant

    joev said:
    What really matters is the quality of life of the poorest people.

    No. What really matters is who has the power to decide how the resources of the society are to be allocated and to whom.

    #402488

    revolutionist
    Participant

    Weekly Standard on new Feudalism in Silicon Valley:

    http://www.weeklystandard.com/articles/silicon-chasm_768037.html

    #402489

    ehill27
    Participant

    The Pope’s “War on Capitalism” and Why Rich Kids Stay Rich
    by Kaisa Snellman – Harvard Business Review
    December 3, 2013

    “Income inequality in the United States… is now nearly as bad as it was just before the Great Depression nearly 100 years ago. Last year, the wealthiest top 10 percent took home more than half of the total income in the country….

    Historically, America has coupled greater inequality of income with greater social mobility. But social mobility has stagnated. Today, about two-thirds of children raised in the richest fifth of families stay in the top two-fifths. And despite the belief that America is a classless society, two-fifths of children born into the poorest fifth of families remain at the bottom of the income ladder as adults.”

    READ MORE: http://blogs.hbr.org/2013/12/the-popes-war-on-capitalism-and-why-rich-kids-stay-rich/

    #1057727

    News
    Participant

    Say It Loud: Inequality is Bad for Everyone
    Posted by Sarah Treuhaft on December 22, 2014

    To make real strides toward an equitable economy, the paradigm must shift. Thankfully, a slew of new research is adding up to a serious takedown. And now it’s time for practitioners, advocates, and policymakers to apply this new economic thinking to gain broader support for strategies to build more inclusive communities.

    READ MORE: http://rooflines.org/3981/say_it_loud_inequality_is_bad_for_everyone/

    #1057735
    EvilAnton
    EvilAnton
    Participant

    Sad… Lots of ideas on what the exact problems are. Anyone that has not lived in a cave for the last 30 years knows, empirically, what all of the problems are. We all know.

    To be honest, tl;dr. Why? Because I’m sure it’s 80 pages of the same mind-numbing, self aggrandizing, pedantic rhetoric. “No this is why! NO, THIS IS WHY!” /yawn

    The only real question is: What are any of you going to do about it? Statistically, not much.

    Statistically, most of you do, at least some of your shopping at Walmart.

    Statistically, most of you still support businesses that routinely engage in aberrant behavior towards their employees, markets and affiliates.

    Statistically, most of you didn’t vote in the last election cycle.

    If you want to point the finger at someone or something. Do it facing a mirror.

    Now if you’ll all excuse me, I have to catch up on Sons of Anarchy.

    #1057738
    Snarf
    Snarf
    Participant

    Sad… Lots of ideas on what the exact problems are. Anyone that has not lived in a cave for the last 30 years knows, empirically, what all of the problems are. We all know.

    To be honest, tl;dr. Why? Because I’m sure it’s 80 pages of the same mind-numbing, self aggrandizing, pedantic rhetoric. “No this is why! NO, THIS IS WHY!” /yawn

    The only real question is: What are any of you going to do about it? Statistically, not much.

    Statistically, most of you do, at least some of your shopping at Walmart.

    Statistically, most of you still support businesses that routinely engage in aberrant behavior towards their employees, markets and affiliates.

    Statistically, most of you didn’t vote in the last election cycle.

    If you want to point the finger at someone or something. Do it facing a mirror.

    Now if you’ll all excuse me, I have to catch up on Sons of Anarchy.

    tldr: no this is why, statistically.

    #1058087

    News
    Participant

    The world’s super rich got richer in 2014
    By Ishaan Tharoor January 2

    The world’s 400 richest people added some $92 billion to their collective wealth in 2014, according to the Bloomberg Billionaires Index. As of Dec. 29, they were all worth a combined $4.1 trillion.

    READ MORE: http://www.washingtonpost.com/blogs/worldviews/wp/2015/01/02/the-worlds-super-rich-got-richer-in-2014/

    #1068338

    News
    Participant

    March 19, 2015 — 11:00 am
    The Growing Socioeconomic Gap


    A recently released study from the University of New Hampshire shows that the highest 20% in the nation have the fastest growing median family incomes, while incomes for the lower 60% have largely stagnated since the 1970s. This hour, we talk a look at the numbers and figures available on inequality and social mobility, and discuss the viability of the American dream.

    READ MORE: http://wosu.org/2012/allsides/growing-socioeconomic-gap/

    #1083181

    ehill27
    Participant

    Report: CEO pay more than 300 times average workers in 2014

    The United States’ chief executive officers made 303 times as much as the average worker in 2014, according to a report from the Economic Policy Institute… Since 1978, inflation-adjusted CEO pay has jumped 997%, almost double stock market growth, while wage growth for the average worker grew only 10.9% over the same period, the report says.

    This data would suggest that executives are not only 300 times more talented than the average worker, but also six times more talented and valuable than other people in the top one-thousandth of earners.

    READ MORE: http://www.usatoday.com/story/money/2015/06/21/epi-report-ceo-pay-303-times-average-2014/29000333/

    #1083182

    ehill27
    Participant

    Incomes rise for bottom 99 pct; US inequality still worsens

    Incomes for the bottom 99 percent of American families rose 3.3 percent last year to $47,213, the biggest annual gain in the past 15 years…

    Still, income inequality worsened in 2014. The richest 1 percent of Americans posted a much bigger increase in pay: their incomes soared an average of 10.8 percent to $1.3 million. The wealthiest 1 percent also captured 21.2 percent of all income in 2014, up from 20.1 percent the previous year.
    The top 10 percent of income earners also boosted their share in 2014, receiving 49.9 percent of total income, up from 48.9 percent in 2013.

    READ MORE: http://www.cnbc.com/id/102798287

    #1083285
    Jeff Regensburger
    Jeff Regensburger
    Participant

    Nice to see this thread is still alive. Honestly, I’d quit following it after the first few pages turned into a bootstraps circle jerk.

    #1093843

    News
    Participant

    Income Inequality Remains A Key Issue For Central Ohioans In The 2016 Election
    By Kevin Landers
    Wednesday September 16, 2015 6:42 PM

    11 Republican presidential candidates will debate issues they say are important to our country. Among those topics: Income inequality.

    READ MORE: http://www.10tv.com/content/stories/2015/09/16/income-inequality-remains-a-key-issue-for-central-ohioans-in-the-2016-election.html

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