• Greater economic freedom has brought
greater economic inequality, as it always has in the modern era.
It comes as the US economy has
greater economic inequality than many developing nations (including India, China, and Iran), joblessness is on the rise, and social mobility is nearly at an all - time low.
Only time will tell if this will result in
greater economic inequality, or of the original tenants of «banking the unbanked» and creating a «parallel economy» outside of the dastardly hands of traditional financial institutions will be upheld.
Dr. Goodman explains that if we don't expand access to FHA loans, we will have a much lower percentage of homeowners in the future and, ultimately,
greater economic inequality.
Not exact matches
The most remarkable example of how politics has shifted in favor of the wealthy - an example that helps us understand why
economic policy has reinforced, not countered, the movement toward
greater inequality - is the drive to repeal the estate tax.
He spoke of the evils of «an economy of exclusion and
inequality» and singled out for censure those who «continue to defend trickle - down theories which assume that
economic growth, encouraged by a free market, will inevitably succeed in bringing about
greater justice and inclusiveness in the world.»
«There is genocide again in Europe [No there isn't, unless one debases the term to mean perennial ethnic and religious conflicts]; there is
economic inequality at home [There always will be; the question is whether there is
greater economic opportunity]; civil rights are not assured for all Americans [Sullivan's particular campaign is for same - sex marriage]; civil liberties have had a terrible decade [I'm not sure what he means; perhaps new and intrusive antiterrorist laws in the Clinton era]; the racial question remains and festers [Undoubtedly true, although it is currently festering below fever level].»
So it is
great timing that the February Synchroblog is about Extreme
Economic Inequality.
Preston (1991), who values the
economic efficiency of the market, nevertheless acknowledges that left to itself the market leads to
great inequalities of wealth and is unable to cope with environmental degradation such as is caused by industrial pollution.
What is clear is that to address political
inequality — which is a precondition to achieving the broader goals raised by the
Great Charter Convention — we must restore substantive democratic power over how our political and
economic institutions are organised, thereby better enabling individuals to come together to make collective decisions that shape their lives, communities and workplaces.
Yet, after 13 years of a Labour government, levels of
inequality are higher than before it came to office, and there appears to be little recognition that, for reasons of both fairness and sustainability, we need to abandon the idea of pursuing ever
greater, unrestrained
economic growth.
While middle and working class Americans have been devastated by
Great Recession, the wealthiest have done just fine, while their tax burden remains the lowest it's been in over 40 years.The last few months have seen the emergence of a counter-narrative which focuses attention on
economic inequality and a tax system in New York State out of kilter with notions of fairness and equality.
This creates the political justification for sharpened rhetoric on equality, while the policy rationale is contained in counteracting the tendencies to
inequality involved with both globalisation and technological change, the
great drivers of
economic transformation in our times.
The dimension of female obesity was found to be
greater in countries characterized by gender
inequality, derived by social or
economic data (7).
And while it's very true that Trump has given voice and agency to a simmering evil in our society, it's also true that
economic inequality has exploded to
Great Depression - levels of injustice.
But the media take - away from the Report, that school quality does not affect children's achievement, was disturbing, especially coming one year after passage of Lyndon Johnson's
Great Society Programs, a cornerstone of which was that improving schooling for disadvantaged children would reduce
economic inequality in the U.S.
If that is so, the
greater frequency of violations among minority students could be caused by factors outside of the school's purview, such as more exposure to poverty, crime, and life trauma resulting from residential and
economic inequality.
Education reformers that suggest that their schools have closed the gap without being honest about all of the gaps caused by
economic inequality are furthering the problem by suggesting that we can solve these problems with just some
great schools.
With
economic inequality on the rise, she argued that it is ever more important for our education system to live up to its promise to be the «the
great equalizer,» rather than «the
great exacerbator,» of access to prosperity and civic engagement.
Pennsylvania's public education and policies are creating
inequality, not just perpetuating it, at
great economic cost.
I discuss these ideas in
greater detail in Money, Blood and Revolution where I also explain how the circulatory growth model can be used to understand why the excessive use of monetary stimulus — both through low rates and quantitative easing — leads directly to: structurally low
economic growth, higher social
inequality, deflationary pressures, high government deficits and an inevitable pressure for higher taxation.
The more I travel, the
greater my sense of urgency as an artist to address social
inequality and
economic disparity through my work.
They point toward a romantic (and elusive) paradise: a zone of
great natural beauty, a speculative African American homeland, and an otherworldly realm free of social and
economic inequality.
I think we have to be realistic about how this is going to be exploited by the right to push us further down this very, very dangerous road of
greater and
greater injustice,
inequality, predatory
economic policies and predatory social policies.
After examining four strategies for deploying the revenue from a carbon tax, Jorgenson and coauthors Richard J. Goettle, Mun S. Ho and Peter J. Wilcoxen found that one strategy in particular — reducing taxes on capital — leads to an increase in
economic efficiency that improves
economic well - being despite
greater inequality, as well as a decrease in carbon emissions: the «double dividend» of the book's title.
And we are, through the implementation, systematically, of special programs and policy initiatives, seeking to improve
economic independence for our indigenous peoples to overcome
inequalities which we know continue to exist in some areas, and we have targeted those areas of
greatest need, particularly health, education, housing, employment, and
economic development opportunities as areas in which we can move forward.