And thanks to income growth that has been on the upside
of the wealth disparity, premium / luxury car sales are increasing at a much greater rate than commodity segments.
What the Occupy movements have done, it can be argued, is focus the discourse on the consequences
of wealth disparity.
Not exact matches
They warn about the «law
of unintended consequences» in this ratio, and how societal
wealth disparity should not be laid on the doorstep
of companies.
At least in the U.S., though, studies on the recession are now starting to shine the light on another type
of economic
disparity that's also been growing:
wealth inequality.
However, she concluded, if more evidence will point that way,
wealth and income
disparities might make it onto the list
of things the Fed looks at when trying to make sense
of the U.S. economy and formulate its policy.
It's a perennial question, but one that still merits examination, given that one
of the big complaints
of the Occupy Wall Street movement has to do with the increasing wage
disparity between the income /
wealth of the top 1 % vs. the rest
of us.
By focusing on
wealth or income
disparity, we miss the point that all people are equally capable
of succeeding.
And given the
disparity in
wealth between Walmart employees (many
of whom live below the poverty line) and the Walton family (who control the company, and who are the richest family on earth), this might be a situation where giving beyond what you're legally required to give might be the right thing to do.
On top
of all that, there's the unavoidable resentment that comes with
disparities in
wealth and power.
The growing
disparity between the haves and the have - nots in this country means that while the top
wealth - holders have more than enough money to do what they would like in retirement, a majority
of Americans are massively underprepared for their non-working years.
For all
of the dynamism and strength
of the US economy, it has come to be characterized most fundamentally by enormous
disparities in
wealth, income and opportunity that strongly correlate to race, ethnicity and geography.
Wake up people, MAKE politicians answer questions and come up with solutions for the problems that matter (economy,
wealth disparity, lost jobs etc etc), whether or not your kids learn the theory
of evolution in school will be
of little comfort if they have no home to go to after school.
A result is that growing income
disparities in the United States, far from leading to demands to soak the rich, have been accompanied by a growing movement to let them keep more
of their earnings and to pass their
wealth on to their children.
Under socialism no one goes hungry; everyone who is able works; those who work receive benefits commensurate with their social contribution; and there are not the radical
disparities in
wealth and opportunities characteristic
of capitalism.
Immediately after World War II, the acknowledged
disparity in the
wealth of nations led to the establishment
of the World Bank and the International Monetary Fund; it was then widely assumed that the so - called developing countries could be brought up to some sort
of parity with the developed countries by lending money and promoting economic growth.
The underrepresentation
of people
of color in this wealthy group has implications for racial income inequality and
wealth disparity.
Of course, as our convictions persist and mature, we begin to see the ways in which we are complicit in global wealth disparity and injustice, and we begin to think more seriously about policy, about sustainability, about making more dramatic attitude and lifestyle changes, and about problems within some of our charities and justice groups that perpetuate a white savior complex, sometimes doing more harm than goo
Of course, as our convictions persist and mature, we begin to see the ways in which we are complicit in global
wealth disparity and injustice, and we begin to think more seriously about policy, about sustainability, about making more dramatic attitude and lifestyle changes, and about problems within some
of our charities and justice groups that perpetuate a white savior complex, sometimes doing more harm than goo
of our charities and justice groups that perpetuate a white savior complex, sometimes doing more harm than good.
That there is a dramatic
disparity of wealth and income in our nation is not open to dispute.
Before it our vast
disparities of wealth and poverty, wasted natural resources, and the use
of God's good gifts solely for selfish ends could not stand.
We are forced to conclude that, as in Solomon's day, Yahwists believed that the power, prestige,
wealth and apparent security
of the crown and the nation were bought at a price too dear — widening economic
disparity between rich and poor, the ruthless exploitation
of society's weaker members, a deepening acquisitiveness and an inevitably accompanying disregard
of the justice and righteousness
of Yahweh, the meaning
of covenant, and the true practice
of the Yahweh cult.
Where common values and common religious beliefs have been banished and the natural harmony
of interests has proven illusory, only naked interest is left and a society where there are great
disparities of wealth and power.
While the
wealth disparity in this country is increasingly shocking, here is what has surprised me most: regardless
of where I am, and whom I'm speaking to, change — in our value system, in the way we parent, in what we expect from our children — has been consistently met with a combination
of interest, appreciation, apprehension and resistance.
Whereas in the 90s shabby Islington was seen as smartening up, today it is iconic
of London's absurd property prices and growing
wealth disparity.
Today the European Union is a Union
of 28 hugely different countries with a significant
wealth disparity between the richest and poorest countries... This creates a massive incentive to migrate from poorer countries to wealthier countries; an incentive that did not exist when the Treaty
of Rome was signed and the principle
of free movement established in 1950s.
Increased cost (or value)
of housing has increased
wealth disparities.
«Whilst we welcome the intention behind the audit
of public services to address racial
disparities, the fact is that in education, the Department for Education is already in possession
of a
wealth of evidence, much
of it provided by NASUWT, on racial and other inequalities faced by young people, teachers and the education workforce in general.
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.
As
wealth in the world becomes increasingly unbalanced, Bejan's hope is that his work proposes the possibility
of empowering people more uniformly to reduce the glaring
disparity of wealth often on display within cities or rural areas.
«These differences in education and
wealth may actually be creating
disparities in brain health and, by extension, the likelihood
of being able to work and be independent in our older years.»
She chooses Franklin Delano Roosevelt and leads the students in a percussive display
of class
disparity, with the front row clapping and cheering their
wealth while the rest
of the students pound their desks in disapproval.
The premise
of the original short story is that an ordinary man escapes into his imagination to get away from the mundane experiences in everyday life — and honestly, at a time when unemployment is rampant and
wealth disparity is so enormous, that's an idea that could be amazingly resonant to many people.
The popularity
of reality TV is part
of it, sure, but you only have to look at the Occupy protests in the west recently to see that
disparity of wealth is social issue that's high on the agenda.
This means that there would be the need to overcome the root causes
of violence, within each nation, with the elimination
of disparities in
wealth between the «top» and «bottom» in the social scale and at international level with the elimination
of disparities in economic and social development between rich and poor nations, for one hand, and the dispute between the great powers for world power, on the other hand.
That score indicates very wide
disparities in state and local funding linked to the property
wealth of local districts.
A
wealth of research demonstrates that in most high - suspending schools and districts, the majority
of the offenses and largest share
of racial
disparities are punishments for minor nonviolent violations
of school codes
of conduct, not unlawful or dangerous behavior.
Due to the fact that there is not large
disparity between primary schools in the North and South, Wilshaw says that the divide in secondary education is due to a lack
of «political will», as opposed to issues
of relative
wealth or poverty.
With 1 out
of 4 living in poverty — far more than any other industrialized country (nearly double what it was 30 years ago); a more tattered safety net — more who are homeless, without health care, and without food security; a more segregated and inequitable system
of public education, in which the top schools spend 10 times more than the lowest spending; we nonetheless have a defense budget larger than that
of the next 20 countries combined and greater
disparities in
wealth than any other leading country.
With the region's success tied to the aspirations
of all young people and their full participation in our economy and society, Great Lakes states must address a history
of persistent racial
disparities in
wealth, income, and education.
The 21st Century Student's Guide to Financial Literacy — Going Global curriculum offers both instructor and student workbooks with 17 easy - to - teach lessons in such important concepts as the evolution
of money, the rise
of capitalism, currency and foreign exchange, venture capital, startups, intellectual property, entrepreneurship and innovation, securities and stock markets,
wealth disparity, and global free trade agreements.
Because
of the
disparities in real estate
wealth, however, the revenue that the poorest counties could generate — even at their higher tax rates — was substantially lower than what the wealthier counties could generate.
The Court said that «public school students are entitled to equal enjoyment
of the right to education, and a system
of school financing that relied on local property tax revenues without regard to
disparities in town
wealth and that lacked significant equalizing state support was unconstitutional.
Analysis from the Public School Forum
of North Carolina indicates that
disparities in local spending have been increasing in recent years, mostly as a result
of the variation in property
wealth across the state.
But what does home mean for communities and individuals facing rising temperatures and extreme weather;
wealth disparity and resource scarcity; and the forces
of globalization and nationalism?
Wealth disparities are not a bad thing when they are the result
of meaningful distinctions.
This
disparity is rooted in structural, race - based disadvantages, including, according to Marshall Steinbaum's research, «segregation within higher education, which relegates minority students to the worst - performing institutions, discrimination in both credit and labor markets, and the underlying racial
wealth gap that means black and Hispanic students have a much smaller cushion
of family
wealth to fall back on, both to finance higher education in the first place and also should any difficulty with debt repayment arise.»
Call
of Duty: Black Ops 3 will feature a futuristic storyline, where current day problems (climate change,
wealth disparity) have taken effect on the world as we know it, providing a dark global future.
His monumental sculpture U.F.O. (2007) is comprised
of brass water utensils fused together in the form
of a shiny U.F.O. - like object, suggesting cultural dislocation and otherness, while pointing to vast
disparities in
wealth across the subcontinent.
The mirrored effect
of the image highlights the
disparity between the extraordinary
wealth of the elite and the lack
of significant health and social programs for the country's struggling citizens.
Triangle
of Need, Sullivan's most ambitious work to date, revolves around
disparities of wealth and poverty.
An overarching obsession is a fascination with
disparities of wealth and privilege.