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Jul 19, 2023 · Income inequality and wealth concentration have become increasingly prevalent issues in contemporary society, giving rise to what is commonly known as the One Percent Problem.
- Joe Robens
Apr 8, 2024 · My book, and my argument, focuses specifically on the wealth concentration at the top because that causes particular problems. Basically, concentration of wealth means concentration of power and the ability to pollute the environment. There are all these harms and damages that wealth concentration can do. Robinson
[/fn] In most emerging and rich countries the wealth share of the top 1 percent has been rising steadily over the last two to three decades (see Figure 1.1). The vicious circle of inequality. Wealth – ownership of property, land or shares, for example – confers not just economic security but also social and political power.
Mar 20, 2019 · The rest of our country’s wealth has increased by only 6 percent per household. And in the following year the country’s 3 percent growth rate will generate $77.25 billion of additional wealth, with the 6 percent return on investment flowing to its top 1 percent translating into $78 billion of additional wealth.
Mar 13, 2024 · Wealth inequality is a huge problem in society, yet we rarely pause to ask: how much inequality can be justified? Reflecting on this question, Ingrid Robeyns calls for placing limits on how much personal wealth any one individual can have. Offering four arguments for this approach – “limitarianism” – she then explores what the political ...
May 7, 2014 · I believe re-distribution in some form is desirable as the concentration of wealth amongst the top 0.1%, the 1% or the 5%, simply distorts society. The super rich can escape to gated communities but they still need public services such as roads, bridges, water, etc., so some mechanism to make sure these are provided is necessary.
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The arguments in this chapter so far have revolved around whether or not the concentration of income and wealth might be a problem in terms of its outcomes/effects. A different approach is to consider whether the processes by which some people become rich are a problem. If everyone in a particular society has an equal chance to succeed in life ...
