"Wealth inequality" refers to the unfair distribution of money and possessions among different individuals or groups. It means that some people have significantly more wealth and resources compared to others, leading to an imbalance in their financial opportunities and living standards.
Full definition
The report doesn't get into reasons for these changes, though there is some speculation that it may have to do with
growing wealth inequality across the board.
We have these discussions
about wealth inequality but our education system distributes quality through the housing market, which is absolutely a wealth proxy.
Because renters typically have much lower net worth than homeowners, a metro area's low homeownership rate is associated with
greater wealth inequality.
The laws of nature are what drive
wealth inequality within a given society — unless society takes action to counteract their effect, such as by adopting laws on taxation.
Although renters from a lower - income background are more likely to need assistance, they are less likely to have parents who can support them, reinforcing
existing wealth inequality.
Specifically, this lesson is for teaching... a basic introduction to regional economic policies as well as a more detailed look
at wealth inequality around the world.
The 2016 election year highlighted the growing problem
of wealth inequality and finding ways to help the people who are falling behind.
Varma and Shapiro both agree strong legal protections for renters, coupled with cryptocurrency regulations, are the only way to keep the booming blockchain industry from exacerbating
wealth inequality in the housing market.
Ultimately,
as wealth inequality persists and continues to grow, and housing becomes increasingly bifurcated, a private sector solution with operating heft and experience in building thriving communities can accomplish what the government and the «invisible hands of the market» can not.
«Our results highlight not only how
racial wealth inequalities are created, but also how they are compounded intergenerationally,» said study co-author Fenaba R. Addo, assistant professor of consumer science at University of Wisconsin - Madison.
You could argue that many super rich preppers have contributed to geopolitical instability in one way or another — by building internet platforms that give voice to hate groups and help disinformation go viral (Reddit co-founder Steve Huffman is prominently featured in the New Yorker story), or by supporting taxation policies that drive
extreme wealth inequality.
«So far, the Trump Presidency has seen businesses flourish and employment grow, though the ongoing supportive role played by the Federal Reserve has undoubtedly played a part here as well, and
wealth inequality remains a prominent issue,» said Michael O'Sullivan, CIO for International Wealth Management at Credit Suisse.
In particular, we are considering whether there are equal or similar opportunities to accumulate wealth in the UK as well as whether the outcomes of
wealth inequality cause socio - economic problems.
James Graham moved Amendment 3 at the Liberal Democrat Special Conference which reads: Insert after line 23: «Conference calls for Liberal Democrats to work constructively in government to ensure that the the net income and
wealth inequality gap is reduced...
It would be very annoying, these evil kleptocrats getting tax breaks to peddle lies designed to ensure that
wealth inequality persists and increases.
Gotch wants her sons to understand issues
like wealth inequality, which she feels most schools gloss over, and to develop a strong sense of environmental stewardship.
In Exceptional America: What Divides Americans from the World and from Each Other, Mugambi Jouet describes why Americans are far more divided than other Westerners over basic issues,
including wealth inequality, health care, climate change, evolution, gender roles, abortion, gay rights, sex, gun control, mass incarceration, the death penalty, torture, human rights, and war.
In recognizing the term's definition isn't widely agreed upon, author CommanderLlama settles for simply examining «how
much wealth inequality from the real world are the developers allowing to leak into the game world» and whether «the real - money - paying player [is] in an advantaged position compared to the non-paying player.»
The «permanent linear inflation» model is designed to make ether neither inflationary nor deflationary; the lack of a supply cap is intended to dampen some of the speculative and
wealth inequality effects of existing currencies, but at the same time the linear, rather than traditionally exponential, inflation model will mean that the effective inflation rate tends to zero over time.
The hedge fund manager said the current developments are similar to the global political environment of the 1930s in regard to the periods»
large wealth inequality, protectionist trade policies and the «emergence» of populist politicians.
Wealth inequality breeds unrest and can lead to a dangerous political climate — which, in his view, partly explains the rise of president - elect Donald Trump.
«Such staggering levels of
wealth inequality threaten our democracy, compound racial and class divisions, undermine social cohesion, and destabilize our economy,» the report says.
Howe also pointed out that generational wealth transfer is going to be highly concentrated, reflecting
current wealth inequality.
While the record - breaking list is a sign of prosperity for the wealthiest people in the United States, it's also a stark reminder of the
devastating wealth inequality in the country.
The bank's researchers
see wealth inequality as largely being a result of the financial crisis — it rose across the world between 2007 and 2016, because financial assets were growing faster than non-financial assets.
While Central Banks argue, with much justification, that such policies have reduced income inequality by bringing down unemployment, the effect has been to
exaggerate wealth inequality.
To the extent that a smaller percentage of young adults are able to begin building home equity now,
then wealth inequality is likely to worsen over the next decade or two, adding to the list of headwinds to economic growth.
``... status quo political and economic institutions — particularly Central Banks — have failed to protect incomes and have pushed income and
wealth inequality past a political breaking point.
Rousseau worried about the
way wealth inequalities render citizens dependent on the will of others — and, hence, unfree.
But, as we can see from the facts about
wealth inequality noted above, the implied community of interest among all «citizens» and «ordinary people», contrasted with the faceless villains of «corporations and financial markets», is a gross simplification.