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Mar 6, 2024 · How excessive wealth endangers democracy becomes clearer if one looks at the “life cycle” of wealth—from the moment of wealth extraction to how wealth is stored and how that wealth buys political influence that entrenches its power.
Apr 8, 2024 · But in the book, you also discuss how extreme wealth confers a lot of political power. This concentration of power through concentration of wealth is very damaging and dangerous. You discuss the fact that it’s not just that a rich person gets a lot of numbers on a spreadsheet.
Apr 23, 2021 · Extreme wealth, that of at least one billion dollars owned by a person or family, is a growing phenomenon in the world with potential effects on social, political and economic dimensions. Simultaneously, corruption -misuse of delegated power for private gain- occurs in all countries of the world.
- Héctor Flores Marquez, Ana Lilia Valderrama Santibañez, Gerardo Angeles Castro, Omar Neme Castillo
- 2021
Jul 21, 2018 · The relation between concentrated wealth and the political power of the rich is scarcely limited to political spending, or to America. The rich have many means to shape public opinion:...
“Income inequality and concentrated wealth can leave many people at economic and social disadvantage,” Elmendorf, the Don K. Price Professor of Public Policy, wrote in announcing the program. “Moreover, concentrations of income and wealth can concentrate political power in ways that threaten and undermine our democracy.”
1 day ago · The country with the most equal distribution of income in the world is Norway: 17.6. The Gini Coefficient for the United States is 46, much higher (more unequal) than many other developed, high-income countries. A comparison of inequality from 1980 to 2020 for selected countries, regions, and the world. James Morrissey/Oxfam America.
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Jun 24, 2019 · One needs the empirical social sciences to know about the effects of extreme wealth on things that matter to us. However, the most important discipline that can help us answer this question is normative political philosophy in which a vast literature on the normative analysis of inequalities exists.
