Sentences with phrase «concentration of wealth»

And this obsession leads us to notice that the policies that allow for a vast concentration of wealth at the top often also create barriers that prevent people overcoming poverty at the bottom.

Because economic power translates into political power, the extreme concentration of wealth in the top 1 % undermines democracy.

This great advantage of large size is but one of the costs of allowing huge concentrations of wealth.

Not making these currencies work for women would mean «missing out on the biggest concentration of wealth,» she says.

As a result, considerable concentrations of wealth and power are required by the mass media of communication.

The other disturbing trend is the decline of the middle class combined with a sharper concentration of wealth at the top.

He also explained how that extreme concentration of wealth will affect everyone else.

Crude demand sure to fall with low industry growth, people getting poorer (as a result of concentration of wealth in few hands) and increasing CNG and electric powered cars.

«We also need strong campaign finance laws to prevent huge concentrations of wealth from undermining our democracy.

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.

Our current private banking system has presided over the greatest concentration of wealth in human history, while the vast majority of America and the world has endured stagnant wages, declining wealth, and recurring recessions.

But as more companies stay private and pursue later - stage investment, the high concentration of wealth comes into play: Suster says that according to the Q2 2014 PitchBook US Venture Industry Data Sheet total amount of money involved in Series D rounds is groing rapidly up 24 percent in the last four years, and they're only rising.

Over the years some readers expressed frustration that we use average instead of median household income figures, given that averages can get distorted when there is a large concentration of wealth in a given area.

Such concentration of wealth meant the likes of Morgan were «afforded... more power than any elected official save the president, and sometimes even more than the president» — as when Grover Cleveland turned to Morgan to bail out the federal treasury.

Mega-galleries such as Hauser & Wirth have benefitted disproportionately from the growing concentration of wealth in the hands of a small sector of the global elite, giving them the resources to take on many of the functions that were previously the domain of curators, academics, and museums.

The economic aspect is particularly striking — the authors clearly saw the rise of European authoritarianism as being in part a reaction to the worldwide economic distruption of the 1920s and»30s, and hence perceived the disproportionate concentration of wealth as a danger to democracy.

The current regime is plainly comfortable with concentration of wealth in SOE's [state - owned enterprises] and their princeling managers but must recognize limits.

First, large concentrations of wealth distort the market itself.

Now, we're headed towards a banana republic economy, and the CEO salaries and consequent concentration of wealth is leading the way.

Brak's obvious concentration of wealth would pose a temptation to outsiders.

It's not that Modigliani's reputation has grown but that the value of money has changed with the increase and concentration of wealth over the last few decades.

«We are the 99 %,» the ubiquitous political slogan coined in 2012 during the Occupy movement, references the inequitable concentration of wealth among the top earning 1 % in the United States.

Huang and Chen are fascinated with the myth of New York as an ethnic mosaic and its reality as one of the world's most intense concentrations of wealth and poverty, materialism and spirituality, cultural interaction and ideological strife, immigration and racism...» - Huang Yong Ping, Chen Zhen, and France Morin, exhibition brochure.

Miami has one of the highest capital assets risk profiles of any city in the world, due to the density of its population and concentration of wealth near its coastline.

Think of all the impacts that fossil fuel powered development has had on concentrations of wealth and power, self - sufficiency, the biosphere and our health; substituting a fossil fuel driven economy for a solar energy economy will enable us to reverse these trends.

«I don't necessarily see cryptocurrency over the long term as democratizing the world... there will be different concentrations of wealth and different governance.»

Therefore, the lack of mechanisms to curb speculation on uncensorable, decentralized networks leads to higher service costs and significant concentration of wealth.

The Palm Beaches represent one of the largest residential concentrations of wealth in the world.

Since 2014 Oxfam has put out reports charting the growth of inequality and the increasing concentration of wealth at the top.

However, North Americans can still claim the greatest concentration of wealth, at US$ 11.4 - trillion, compared with US$ 10.7 - trillion in the Asia - Pacific.

Hopefully this white paper on California Family Offices has demonstrated the high concentration of wealth in California, spread among many major cities including San Francisco, San Diego, Los Angeles, and more metropolitan areas nearby.

«In the long - term, if there's such concentration of wealth in the hands of just a few, there will be no one left to buy the goods, to keep the economy running.»

To maintain this form of socialism requires that China avoid huge concentrations of wealth and economic power.

Concentration of wealth.

Catering to this concentration of wealth, a slew of luxurious restaurants have opened at the city's over-the-top hotels and resorts in recent years, many of them with star chef names on the awnings: Joël Robuchon, Mario Batali, Jamie Oliver, and Daniel Boulud have all opened properties in Singapore.

You might be surprised to know that the business world was strongly in favor of profit sharing at many points in American history, typically when the concentration of wealth was a major public worry or the country was trying to come together after a crisis.

As with income, these data show a long historical decline in the concentration of wealth from the late 1920s into the late 1970s.

The rise of stock prices in the US stock market could be an indication of economic growth and prosperity, but it could also be an indication of the concentration of wealth of the rich and powerful.

The policy of giving money to the wealthiest sectors — these days the financial sector — turns the trickle - down economy into a euphemism for the concentration of wealth.