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Tag Archives: inequality
Modern-Day Social Engineers and Inequality
Modern-Day Social Engineers and Inequality Is Inequality a Bad Thing? We couldn’t believe what we were seeing when coming across the following headline at Reuters recently: “Fed’s Yellen says research needed to understand inequality issue”. Seriously? Maybe we can help the good chairwoman out a bit. First of all, human beings are already born unequal. With that we not […]
If We’re Going To Borrow Against The Future, Let’s Borrow To Invest
If We’re Going To Borrow Against The Future, Let’s Borrow To Invest The are much better ways to spend the next $1 Trillion We are at an important juncture as a global society: either we immediately prioritize a new trajectory focused on creating a positive, functional future or — by continuing the consumptive, extractive, exploitative status […]
Naomi Klein Calls for System Change to Address Climate and Inequality
Naomi Klein Calls for System Change to Address Climate and Inequality A radically new economic and social system is urgently needed to tackle climate change and address intersecting social justice issues, the internationally bestselling author Naomi Klein told activists meeting in London today. “It’s not too late to get off the road, to grab the wheel of […]
SOLVING CRIME AND INEQUALITY, WITH A SEED
SOLVING CRIME AND INEQUALITY, WITH A SEED A sense of community itself goes a long way towards building the kind of trust and equality necessary for safer and more just communities. [1] Indeed, many of today’s social improvement programs, from arts to sports, to jobs, housing and political forums, are choosing to base their efforts […]
Income, Education and Inequality in the “Recovery”: Prepare to be Surprised
Income, Education and Inequality in the “Recovery”: Prepare to be Surprised Note to the higher education industry: issuing diplomas doesn’t magically create new jobs in the real world. By virtually any standard, wealth inequality has soared to historic levels in the six years of “recovery” since the Great Recession of 2008-09. Economist Emmanuel Saez, who has […]
Paul Tudor Jones Warns This “Disastrous Market Mania” Will End “By Revolution, Taxes, Or War”
Paul Tudor Jones Warns This “Disastrous Market Mania” Will End “By Revolution, Taxes, Or War” “This gap between the 1% and the rest of America, and between the US and the rest of the world, cannot and will not persist,” warns renowned trader Paul Tudor Jones during his recent TED Talks speech, as he addressed the question […]
The Global Economy’s “Impeccable Logic”
The Global Economy’s “Impeccable Logic” Ever since the Occupy movement coined the terms “the 1%” and “the 99%” to point out disparities of wealth and power, the gap between rich and poor has received a lot of attention. In his highly-regarded 2014 book,Capital in the Twenty-first Century, for example, Thomas Piketty’s central thesis is that […]
We Live In An Era Of Dangerous Imbalances
We Live In An Era Of Dangerous Imbalances And history shows they correct painfully The intervention by the world’s central banks has resulted in today’s bizarro financial markets, where “bad news is good” because it may lead to more (sorry, moar) thin-air stimulus to goose asset prices even higher. The result is a world addicted to debt […]
What Thomas Piketty and Larry Summers Don’t Tell You About Income Inequality
What Thomas Piketty and Larry Summers Don’t Tell You About Income Inequality So-called reasonable proposals on how to fix inequality are really a bunch of hot air. In a paper for the Institute for New Economic Thinking’s Working Group on the Political Economy of Distribution, economist Lance Taylor and his colleagues examine income inequality using new […]
What does $200 trillion of debt really mean for the global economy?’
What does $200 trillion of debt really mean for the global economy? A few years ago, in the depths of the recession caused by the financial crisis, I began an investigation into the consequences of several economic trends that I thought were bound to put a permanent end to the boom times that my generation, […]
“An injury to all”: the class struggle is back in Italy | ROAR Magazine
“An injury to all”: the class struggle is back in Italy | ROAR Magazine. As Renzi’s center-left government intensifies the project of neoliberal restructuring, a wave of self-organized class struggle takes off across Italy. Back in 2006, Warren Buffet, the notorious billionaire speculator, confessedduring an interview that: “There’s class warfare, all right, but it’s my class, […]
Central Banker Admits Central Bank Policy Leads To Wealth Inequality | Zero Hedge
Central Banker Admits Central Bank Policy Leads To Wealth Inequality | Zero Hedge. Six years after QE started, and just about the time when we for the first time said that the primary consequence of QE would be unprecedented wealth and class inequality (in addition to fiat collapse, even if that particular bridge has not […]
The Age of Vulnerability by Joseph E. Stiglitz – Project Syndicate
The Age of Vulnerability by Joseph E. Stiglitz – Project Syndicate. NEW YORK – Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary Americans’ incomes continue […]
Wealth Inequality Is Not A Problem, It’s A Symptom – The Automatic Earth
Wealth Inequality Is Not A Problem, It’s A Symptom – The Automatic Earth. NPC Dedication, George Washington Masonic Memorial, Alexandria, VA Nov 1 1923 A comment on an article that comments on a book. I don’t think either provides, for the topic they deal with, the depth it needs and deserves. Not so much a criticism, more […]
