There is no government in the world that has demonstrated the ability to forgo
the economic wealth from natural resource extraction, for the good of the planet as a whole.
Not exact matches
During the
economic boom a decade ago when private equity firms were enjoying sky high valuations, they also took money
from sovereign
wealth funds in Abu Dhabi, Kuwait, Singapore, and China.
China must do the hard work of shifting
wealth from powerful government officials and managers of state - owned enterprises to Chinese households, with consumer spending carrying more of the
economic burden.
A new report
from the Center for
Economic and Policy Research (CEPR) shows that most households have less
wealth now than they did in 1989.
Economist Michael Hudson explains how
economic terms like capital gains are deployed to mislead the public about who is benefiting
from economic policy and where
wealth is going.
To benefit
from this, High Net
Wealth investors must broaden their investment outlook beyond a traditional North American focus to a global allocation that includes the future
economic giants.
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.
By correctly diagnosing the cause of America's
economic decline, rather than listening to excuses
from Wall Street and Washington, Jay will offer winning investment ideas to protect and increase
wealth.
An article in the Journal of
Economic Perspectives estimates that as much as 20 percent of
wealth can be attributed to formal and informal gifts
from family members, but many people receive little or no assistance.
In that sense, there would be an
economic growth impact
from eliminating that
wealth transfer.
The Washington - imposed
economic policy of
economic growth via mass - immigration shifts
wealth from young people towards older people, it floods the market with foreign labor, spikes profits and Wall Street values by cutting salaries for manual and skilled labor offered by blue - collar and white - collar employees.
Profits and
wealth from stock that go to employees living in an area boost local
economic activity and businesses.
The U.S.
economic recovery and the California state recovery
from a near catastrophic fiscal crisis, has led to greater business development and expansion in California and increased the
wealth of many residents.
Some of this
wealth was based on real
economic gains, like those
from the computer revolution.
Finally, to help our clients place this
wealth of fundamental data into perspective, we also provide access to the latest market and
economic commentary
from our firm's top internal experts, including our chief economist, our investment strategists, and our Equity Portfolio & Technical Strategy team.
We, on the other hand, view it with hope: because more than anything, the events of the past few days show that the truth is getting out — the truth that capital markets simply can not exist under the authoritarian rule of central planners, the truth that the stock market is a casino in which the best one can hope for a quick flip, and finally the truth that our entire socio -
economic regime, whose existence has been predicated by borrowing
from the uncreated
wealth of the future, and where accumulated debt could be wiped out at the flip of a switch if things go wrong in the process obliterating the welfare of billions (of less than 1 % ers), is one big lie.
This is not the view of real
wealth and
economic growth that 19th - century classical economists had in mind when they set out to reform the economy by freeing markets
from the claims of earned income and special interests.
If we are embarking on Canada's innovation age, we must prevent the IP
from being raided by foreign firms and instead capture the resultant
wealth and associated
economic benefits so we can create successful and globally competitive companies that rival the world's best.
Hispanics also had larger percentage declines in household
wealth than white, black or Asian households
from 2005 to 2009.5 Poverty and unemployment also grew more sharply for Latinos than for non-Latinos after the Great Recession began, and most Hispanics say that the
economic downturn was harder on them than on other groups.6
It is they who are reminding voters that casinos redistribute
wealth from the poorest in society up the ladder towards the most affluent, make no contribution to long term
economic growth, and cause social ills in the communities where they are built.
Between these extremes lies a more humane
economic order: one in which, as Röpke put it, «
wealth [is] widely dispersed, genuine communities,
from the family upwards, form a background of moral support for the individual, and a healthy balance [exists] between town and country, industry and agriculture.»
It understands with economist Alan Blinder that two questions must be asked about any proposed
economic policy: Does it redistribute
wealth from the rich to the poor, and does it improve the market's efficiency?
Therefore, the entreaty of Latin America is for liberation
from cultural domination,
economic exploitation, military regression, social marginalization and political imperialism; it is an appeal for fairness in international trade and the establishment of a social order that promotes human dignity, respects democratic institutions and guarantees an equitable distribution of
wealth.
Communism, socialism, and every government - run
economic plan to redistribute the
wealth functions on the principle of taking money
from the rich and giving it to the poor.
• The confusion of «success» with sheer
wealth by individuals, businesses, and corporate boards, which empties
economic life of its vocational nobility and inculcates a counter-ethic of beggar - thy - neighbor competition that's a grave danger to markets and a threat to the capacity of free enterprise to help people lift themselves
from poverty.
The utilitarianism of an individualistic period, which promised men that through faith they might gain the
economic virtues and
wealth, differs
from the pragmatism of our social climate of opinion, in which religion is used as a means for gaining social order and prosperity; but they are both utilitarian and equally remote
from the love of God for his own sake and of the individual or social neighbor in his relation to God.
Since the
economic system also concentrates
wealth and power in fewer and fewer hands and excludes the majority
from participation even in its material benefits, it generates enormous suffering.
These measures, which were aimed at both protecting the Indian poor
from exploitation and creating India's industrial infrastructure, checked
economic inequality, even if, as Nehru's critics allege, they distributed poverty more than they shared
wealth.
Many of these affluent Americans leave with the conviction that Mary has now come to save the world
from socialism — thus sanctioning the
economic system which has allowed them to accumulate their
wealth, and leaving undisturbed their pleasant way of life.
We need bridges, not walls in this country, we can not deprive
economic refugees
from the
wealth of the 1 %.
Winner take all economies divert effort of highly able people
from producing
economic value that increases the size of the pie for everyone, to «rent seeking» which decides who gets the existing bounty without contributing to the total amount of
wealth in the economy.
Another problem with high levels of
economic inequality is that lots of resources have to be devoted to gatekeeping and guarding the
wealth of the wealthy
from those denied
wealth, which isn't necessary to nearly the same degree in more egalitarian societies.
The tools available today are none other than deep reforms in the periphery,
wealth transfers
from the core to reinforce those reforms, and an overall more effective plan for European
economic governance.
Not only do our 700 school district lines often track patterns of residential
economic segregation, there are school districts in this state today — including New York City — with boundary lines within the district that keep children of
wealth starkly separated
from children of poverty.
This issue of tax and secrecy jurisdictions also matters to republicanism for another reason: the operation of tax havens has the effect of shifting the
economic burdens of civic life
from capital onto labour and supporting radical inequalities in
wealth without the state being able effectively to regulate these
economic dimensions of equality.
Government officials, Shell employees and the co-called «international community» create a complex web of complicity, silence, oppression and exploitation that deprives the peoples of the Niger Delta
from reaping any
economic or social reward
from the enormous resource
wealth of their lands.
He said these would include «The casual one - size - fits - all approach that had undermined the euro
from its foundations», «The massive
economic imbalance between its prosperous and economically - disciplined members and those which were debt - ridden and financially dysfunctional», «The over-regulation which hampered
wealth - creation and innovation and encouraged a dependency culture in struggling states.»
He stressed further that the exemplary leadership quality of Comrade Sunmonu actually liberated Nigeria our of
economic recession as he staged several national protests to recover the nation's
wealths from the hands of fraudulent political demagogues.
Cameron is successfully implementing a radical right - wing
economic agenda without any mandate for it, he orchestrated and won a war in Libya, he emerged unscathed
from a
wealth of scandals — including the August riots, phone - hacking and Liam Fox's resignation.
Leonard's most striking message was that the party he leads exists not just to «secure a fairer distribution of
wealth»
from the status quo but «to fundamentally change the existing
economic system» via «the biggest programme of social and
economic reform in the history of the Scottish parliament».
Open Buffalo is a shared vision of an equal, just, and free city driven by a united and empowered community, open to full democratic participation, innovative ideas and policies, new leaders
from diverse communities, and meaningful
economic opportunity and sustainable
wealth creation for all.
It's «an
economic dagger pointed at the heart of New York,» and is a concentrated transfer of
wealth from blue states to red ones, he said.
Society can safeguard its future only by switching
from reckless
economic growth to smart maintenance of
wealth and resources
Many researchers have long sought for cures for the so - called «resource curse» — the fact that resource - rich countries often suffer
from political and
economic ailments, in spite of their research
wealth.
If humankind is to survive, it must change society's
economic model
from relentless, unbridled growth to maintenance of
wealth and resources
The findings suggest that attitudes toward
wealth distribution stem
from more than just an
economic motivation to protect one's self - interest or a fiscally conservative political ideology — the information provided by our surrounding environment also plays an important role.
Social inequality refers to disparities in the distribution of
economic assets and income as well as between the overall quality and luxury of each person's existence within a society, while
economic inequality is caused by the unequal accumulation of
wealth; social inequality exists because the lack of
wealth in certain areas prohibits these people
from obtaining the same housing, health care, etc. as the wealthy, in societies where access to these social goods depends on
wealth.
The initiative is an attempted, kind of, grassroots intellectual movement to come up with a series of ideas that will move us towards a more stable
economic arena, [in] which the middle - class gets more benefits than it is getting now
from the
wealth in this country, and also puts the country on a trajectory that supports the good things the country has traditionally done.
Their thought - provoking commentary, ideas and impassioned anecdotal insights are presented in the form of essays, think pieces and poems that draw together a
wealth of research on the issue and probe and discredit the current view on what is best for children
from poorer socio -
economic backgrounds.
While the enrollment rate for children
from middle - income families in U.S. private elementary schools has declined significantly over the last five decades, the level for high - income families has been relatively steady, according to a National Bureau of
Economic Research study released this month — a trend that could come to perpetuate the nation's growing
wealth divide.