Phrases with «economic pyramid»

The phrase "economic pyramid" refers to a way of understanding and visualizing the distribution of wealth in society. Just like a pyramid has a small top and a broad base, the economic pyramid shows that a few individuals or groups possess most of the money or resources, while a larger number of people have less. In this pyramid, a small percentage of people are in the highest income brackets, while the majority of people are in lower income levels. Full definition

economic pyramid

Sentences with «economic pyramid»

Perhaps those of us at the top of the global economic pyramid are living in a secluded, unmaintainable material world of our own making and are willfully refusing to accept the limitations of the natural world in which the rest of the family of humanity lives. (dotearth.blogs.nytimes.com)
The task of rhetoric is to divert attention from the fact that the financial sector aims not to «free» markets, but to place control in the hands of financial managers — whose logic is to subject economies to austerity and even depression, sell off public land and enterprises, suffer emigration and reduce living standards in the face of a sharply increasing concentration of wealth at the top of the economic pyramid. (michael-hudson.com)
This «frees» yet more money for financial managers to pay creditors at the top of the economic pyramid. (michael-hudson.com)
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Phrases with «economic pyramid»

Sentences with «economic pyramid»

See also