Posts about inequality – income, wealth and mobility
inequality, political system, politics
August 22, 2018
It is always useful to put a face to trends. The grotesque yawning extent of inequality is one of those trends that begs for the concrete. Knowing that a million seconds is 12 days while a billion seconds is 31 years gives some shape to the dimensions of inequality, it is still difficult to wrap one’s head around the scale of inequality that continues to surge. Today this message from Bernie Sanders arrived in —>> read more –>>
economy, family, inequality, recently noted
December 27, 2017
At a time when the Republicans are transferring income and wealth to the rich and corporations over 40 million Americans fall below the official poverty line.
It is fairly widely known that income and wealth inequality in the US is as high or higher than at any time except perhaps the Robber Baron period at the end of the 19th century. Lots of articles and books explain how this has come about over the last 30 years. In a recent NYTimes Magazine article, “The Purpose of Spectacular Wealth, According to a Spectacularly Wealthy Guy” by Adam Davidson, we are even offered an affirmative —>> read more –>>