Sentences with phrase «of wealth concentration»

There's probably no clearer demonstration of how and why we're constantly hearing about increasing and massive levels of wealth concentration in this country.

The Boston Consulting Group projects this trend of wealth concentration to continue, with the millionaire class controlling 49 % of global wealth by 2019.

Not exact matches

Concentration of wealth.

The New York Times said it «may be the greatest concentration of American wealth and power in one investment fund.»

Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.

Today's must - read story is by Fortune's Chris Matthews, who reveals that wealth concentration is growing as millionaires take over an even bigger chunk of the world's wealth.

But even the most socially responsible companies can end up adding to the concentration of wealth and power.»

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.

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

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

That is a vast concentration of earning power and, in some cases, actual wealth.

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

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.

All told, it may be the greatest concentration of American wealth and power in one investment fund.

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

In this unfortunate tipping point, the concentration of wealth in the hands of the few results in economic implosion because the 99 percent can't afford to buy anything the 1 percent has to sell.

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 new Income Tax Act contained many special exemptions and incentives which the commission had found objectionable and removed the federal Estate Tax Act, which had been a significant obstacle to the increasing concentration of wealth.

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

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.

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.

We are witnessing the rising concentration and consolidation of our nation's wealth into fewer and fewer hands.

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.

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.

Bertolini has raised the minimum hourly wage for Aetna employees to $ 16, offers wellness programs that include meditation and stress reduction and gave as a Christmas gift to his leadership team French economist Thomas Piketty's «Capital in the 21st Century,» which documents the concentration of wealth and income.

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.

The concentration of wealth puts control of the not - really - free market in the hands of a relatively few families.

It is the inevitable social byproduct of the concentration of wealth in the hands of a few.

It contributes to the concentration of wealth in fewer and fewer hands.

It is just one type of free economy and it does lend itself to the concentration of wealth and power into the hands of a select few.

Corruption followed from the concentration of wealth and exacerbated problems that were built into the system itself.

First, large concentrations of wealth distort the market itself.

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

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

They would allow a great deal of entrepreneurial activity, giving large scope to the keen business sense found among so many Chinese, while reducing the concentration of wealth, which leads to the corruption of government.

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

The prophets picked up on this ideal, protesting the concentration of wealth and power in a few hands.

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

Deforestation, war, rampant exploitation of resources, and the serve concentration of the worlds wealth in the hands of a few corporations.

As we have noted, the current distributional pattern characterized by gross concentration of land in the hands of the few is the basis for the concentration of both wealth and political power.

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.

Thus, impeding the extreme concentration of wealth was / is seen as a virtuous endeavor to enshrine US meritocracy.

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).

The intent for large inheritance taxes in countries that have them is to avoid the concentration of wealth into a few families.

Is the rising power and capital accumulation of FAMGA (Facebook, Apple, Microsoft, Google, Amazon) together with advances in block chains and artificial intelligence leading to the concentration of wealth in ever fewer hands, obsolescence of manual labour and even the destruction of capitalism, as Karl Marx believed in the 19th century?

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.

«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.»

«That's what's underneath it all and, if you read our founders - George Washington, Jefferson - inequality in wealth and concentrations of wealth, that undermines and destroys democracy and that's what this tax bill will do.»