Sentences with phrase «concentration of wealth at»

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

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.

The concentration of wealth at the top of society has eroded social norms of solidarity and hollowed out public institutions.

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.

Not exact matches

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.

Concentration at the top has increased markedly since then, driven by a rising share of wealth at the very top.

This report uses custom Statistics Canada data to take a closer look at the concentration and distribution of wealth in Canada.

Historically, these taxes have been seen as a way to break up «unhealthy» concentrations of family wealth, and as a backstop to tax gains missed by the income tax system, such as unrealized capital gains at death.

Above all, the growing concentration of wealth has reshaped our political system: it is at the root both of a general shift to the right and of an extreme polarization of our politics.

They saw that the concentration of wealth, chiefly in the form of land, tended to increase at the expense of the poor.

Any public dissent becomes explosive, because it threatens the legitimacy of our current social system, which is characterized by an increasing concentration of wealth and power among just a few at the tippy - top.

There has been a large increase in wealth concentration at the top: the share of wealth owned by the 0.1 % richest families has increased from 7 % in 1978 to 22 % in 2012 (Source).

«With such great wealth concentration at the top of the economic ladder, and working people having a harder and harder time,» Gianaris said, «it seems fair to me that we should ask a little bit more on a temporary basis to make sure mass transit is working for everybody.»

At the time I wrote that this concentration was only possible because prejudice, poverty and locality are so closely linked — especially in London, where the richest tenth had become 271 times better off by wealth than the poorest tenth of the population.

«The evils of racism, the evils of poverty, the inexcusable reality that our educational system fails our children, the concentration of wealth in the hands of too few, and the experience of deprivation in the lives of too many,» he said, alluding to the outbursts of racial violence following the deaths of black men at the hands of police in Ferguson, Mo. and Baltimore.

Sadly, with the concentration of wealth in America, many American families now live at or below the poverty line.

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.