A Rise in Wealth for the Wealthy; Declines for the Lower 93% An Uneven Recovery, 2009-2011 By Richard Fry and Paul Taylor.
"29 Amazing Stats Which Prove That The Rich Are Getting Richer And The Poor Are Getting Poorer" 20 Statistics That Prove That Global Wealth Is Being Funneled Into The Hands Of The Elite – Leaving Most Of The Rest Of The World Wretchedly Poor. Today global wealth is more highly concentrated in the hands of the elite than it ever has been at any other point in modern history.
Once upon a time, the vast majority of the people in the world knew how to grow their own food, raise their own animals and take care of themselves. There weren't many that were fabulously wealthy, but there was a quiet dignity in having land you could call your own or in having a skill that you could turn into a business. Sadly, over the past several decades an increasingly growing percentage of agricultural land has been gobbled up by big corporations and by corrupt governments. Hundreds of millions of people have been pushed off their land and into highly concentrated urban areas.
Meanwhile, it has become increasingly difficult to start a business of your own as monolithic global corporations have come to dominate nearly every sector of the world economy. The system was not ever designed to lift up the poor. So wake up. Be Sociable, Share! "The Rich Are Getting Richer And The Poor Are Getting Poorer" Super Rich Are Actually Much Richer Than We Thought Thanks to Hidden Tax Havens. The super rich are richer than ever, but we – and likely, they – don’t even know how rich that is.
Much of that money is stashed away in quasi-legal offshore tax havens which make it nearly impossible to properly account for. Tax havens are nothing new, of course. The rich have been using them – from the Cayman islands to Cyprus to Switzerland – for years to avoid paying taxes on their vast fortunes. What is new is how much money is being funneled to them. That number is massive and growing. 29 Amazing Stats Which Prove That The Rich Are Getting Richer And The Poor Are Getting Poorer : Dr. Leonard Coldwell.
In the United States today, there is one group of people that is actually living the American Dream.
The ultra-wealthy have seen their incomes absolutely explode over the past three decades. Meanwhile, the U.S. middle class has been steadily declining and the ranks of the poor have been swelling. But this is what always happens when an economy becomes highly centralized. Today, gigantic corporations and “too big to fail” banks totally dominate our economic system. The rich getting richer in one chart. Think about that for a minute: 64 percent of all income growth since 1979 has gone to the top 10 percent.
Source. Higher social class predicts increased unethical behavior. Author Affiliations Edited* by Richard E.
Nisbett, University of Michigan, Ann Arbor, MI, and approved January 26, 2012 (received for review November 8, 2011) Abstract Seven studies using experimental and naturalistic methods reveal that upper-class individuals behave more unethically than lower-class individuals. In studies 1 and 2, upper-class individuals were more likely to break the law while driving, relative to lower-class individuals. "The Price of Inequality" by Joseph E. Stiglitz. Exit from comment view mode.
Click to hide this space NEW YORK – America likes to think of itself as a land of opportunity, and others view it in much the same light. But, while we can all think of examples of Americans who rose to the top on their own, what really matters are the statistics: to what extent do an individual’s life chances depend on the income and education of his or her parents? Nowadays, these numbers show that the American dream is a myth. There is less equality of opportunity in the United States today than there is in Europe – or, indeed, in any advanced industrial country for which there are data.
World Health infographic.jpg. “We quite suddenly realized that we were looking at a general pattern”: Q&A with Richard Wilkinson. In 2009, epidemiologists Richard Wilkinson and Kate Pickett published the book The Spirit Level, making a bold case that economic inequality within a society, the size of the gap between rich and poor, has corrosive effects from the bottom of society right up to the top.
Wilkinson spoke about their book and research this summer at TEDGlobal (watch his TEDTalk); earlier this week, he talked to the TED Blog about how he and Pickett came to this insight … and what Occupy Wall Street might mean for the future of fairness. When did your research start heading in this direction? What made you look at broad inequality within societies? I’ve been involved in research on health inequalities — the huge social class differences in death rates — for more than 30 years. And the work I talked about at TED really came out of that. I worked on that for quite a long time, before discovering that criminologists had shown that violence was also more common in more unequal societies.
In a way it’s obvious. The U.S. Has The Worst Income Inequality In The Developed World, Thanks To Wall Street: Study. Hey, who says America is in decline?
The U.S. is still more awesome than the rest of the world at making at least one thing. And that thing is income inequality. A new paper by economists Facundo Alvaredo, Anthony B. Atkinson, Thomas Piketty, and Emmanuel Saez lays out just how much better at making inequality the U.S. is than everybody else and tries to explain how it got that way.
How income inequality contributed to the Great Recession. A house in Denver lies empty and under foreclosure as the sub-prime crisis hits the US in 2007.
Photograph: Sipa Pres/Rex Features The idea that the Great Recession of 2008 may have been caused not just by careless banking but also social inequality is currently all the rage among macroeconomists. Hungry Planet: How The World Eats, or Doesn’t. By Teddy Zareva What $376.45 and $1.23 have in common, or why we should be embarrassed to even worry about “the recession.” It’s no secret that we’re fans of data visualization. But even the most original ways of presenting data may fail to make that eye-opening, visceral impact on us — what usually remains in the heart are not scientific analyses and cold facts but emblematic events (Woodstock), inspiring words (Martin Luther King) or riveting photographs (D-day bombing). Where Children Sleep: James Mollison’s Poignant Photographs.
By Maria Popova What the Amazon rainforest has to do with the Kaisut Desert and Fifth Avenue luxury. On the heels of this morning’s homage to where children read and learn comes a curious look at where they sleep. That’s exactly what Kenyan-born, English-raised, Venice-based documentary photographer James Mollison explores in Where Children Sleep — a remarkable series capturing the diversity of and, often, disparity between children’s lives around the world through portraits of their bedrooms.
The project began on a brief to engage with children’s rights and morphed into a thoughtful meditation on poverty and privilege, its 56 images spanning from the stone quarries of Nepal to the farming provinces of China to the silver spoons of Fifth Avenue. Widening gap between rich and poor threatens to swallow us all. As we enter another year of global uncertainty, government and business leaders are heading to the World Economic Forum in Davos as its own Global Risk report (pdf) identifies growing inequality for the second year as one of the biggest potential challenges the world is facing.
High Inequality Results in More US Deaths than Tobacco, Car Crashes and Guns Combined. In 2009, the British Medical Journal (BMJ) published a study that revealed what seems to be a shocking truth: those who live in societies with a higher level of income inequality are at a greater risk for premature death. Here in the United States, our high level of income inequality corresponds with 883, 914 unnecessary deaths each year. More specifically, the report concluded that if we had an income distribution more like that of the Netherlands, Germany, France, Switzerland — or eleven other wealthy countries — every year, about one in three deaths in the US could be avoided.
Put that into perspective. According to the Centers for Disease Control (CDC), tobacco, including second-hand smoke, causes approximately 480,000 deaths every year, and in 2010, traffic accidents killed 33,687 people and 31,672 others died of gunshot wounds. The mechanism by which a bullet or a car crash kills is readily apparent. 4 reasons we should fix economic inequality.
It’s safe to say that economic inequality bothers us. But why? Harvard philosopher T. M. Scanlon offers four reasons we should tackle — and fix — the problem. Equality of outcome. Equality of outcome, equality of condition, or equality of results is a political concept which is central to some political ideologies and is used regularly in political discourse, often in contrast to the term equality of opportunity. It describes a state in which people have approximately the same material wealth or in which the general economic conditions of their lives are similar. Achieving equal results generally entails reducing or eliminating material inequalities between individuals or households in a society, and usually involves a transfer of income or wealth from wealthier to poorer individuals, or adopting other measures to promote equality of condition.
Consumption and Consumerism. Author and Page information. Corporate Profits Hit Record High While Worker Wages Hit Record Low. By Pat Garofalo. Cost-of-inequality-oxfam-mb180113.pdf (Objet application/pdf) Poverty and freedom of expression: How the poor are being silenced. Poverty can restrict your access to basic human rights. Inequality Is Not Inevitable. AN insidious trend has developed over this past third of a century. 16 Signs That The Rich Are Getting Richer And The Poor Are Getting Poorer.
Global Wealth Inequality - What you never knew you never knew. List of countries by inequality-adjusted HDI. From-poor-to-rich-billionare-infographic.png (Image PNG, 660x2061 pixels) Gini coefficient. Gini coefficient of national income distribution around the world. This is based on 1989 to 2009 data, estimated by the CIA. Some are pre-tax and transfer, others post-tax income. Robert Reich: We Can Save the Economy If We Get Serious About Taxing the Rich.
September 23, 2013 | Like this article? Join our email list: Stay up to date with the latest headlines via email. Global Wealth Distribution. Gallery: What inequality means to me. Social mobility. Special Issue: The Science of Inequality. Intergenerational Earnings Elasticity. The World Top Incomes Database.
Historical Origins of Inequality. Home. Income inequality metrics. Poverty, Income Distribution and Development. Le Réveil (awakening vostfr) INEQUALITY FOR ALL - Official Trailer. Inequality is the biggest threat to the world and needs to be tackled now. News, Data & Statistics on Income, Health, Social Inequality. Women In The World – The Daily Beast. Inequality and Excess, A Commentary on Economic Inequality.
Peter Joseph - Social Pathology (The Zeitgeist Movement NYC 2010 ZDAY) The Rich and the Rest of Us. Inequity aversion. Rhetoric of inequity aversion. The Equality Trust (equalitytrust) Just 6 Walmart heirs have as much wealth as 30% of Americans. 30 Years Ago Today: The Day the Middle Class Died. Maximum Wage. Oxfam: “Top 100 billionaires added $240 billion of wealth in 2012 – enough to end world poverty four times over.” One OccupyWallStreet graph to rule them all. The World Top Incomes Database. AMERICA IS BROKEN, WHAT NOW? Nick Hanauer. The Stanford Center for the Study of Poverty and Inequality - 20 Facts About U.S. Inequality that Everyone Should Know.
Poverty as a Childhood Disease. Rich People DON'T Create Jobs: 6 Myths That Have to Be Killed for Our Economy to Live. Richard Wilkinson: How economic inequality harms societies. After Equality: Inequality trends and policy responses in contemporary Russia - dp-after-equality-inequality-trends-policy-russia-100614-en.pdf. Record inequality between rich and poor. Revealed – the capitalist network that runs the world.
How can we get serious about fixing global inequality? The Rules. The world as you've never seen it before. Too Much (Too_Much_Online) The Self-Attribution Fallacy. The age of entitlement: how wealth breeds narcissism. Billionaires. The rise of the new global super-rich. Wealth and Income Inequality. Wealth And Inequality In America.
Wealth Inequality in America. Why Income Inequality Is Here to Stay - Branko Milanovic. Income inequality in America: The 99 percent. What Unimaginable Wealth Does to a Person. Plutocracy Reborn. We pay a high price for plutocrats.