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- This concentration of wealth raises concerns about economic inequality, social mobility, and the erosion of the middle class, as the majority of the population struggles to keep up with the ever-increasing wealth of the elite.
medium.com/the-ivory-tower-paradox/the-paradox-of-wealth-an-introduction-to-the-one-percent-problem-c3910f5ee473The Paradox of Wealth: An Introduction to the One Percent Problem
Mar 6, 2024 · Why Excessive Wealth Matters. Academics and nonprofit activists have long talked about income inequality—and, more recently, have begun to address the more significant issue of wealth inequality. But reducing wealth inequality is not just about increasing the wealth of those with too few assets.
- Global Inequality
Since 2012, the top wealth group of individuals with at...
- Global Inequality
In addition to threatening public service provision, intense wealth concentration is likely to be a major obstacle to creating decent work for all and protecting workers’ rights (SDG 8), given that the power of wealthy elites and large corporations vastly outweighs that of organized labour.
Apr 8, 2024 · Unequal societies are more unhealthy than equal societies. 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.
Sep 27, 2013 · Because wealth is very concentrated, high wealth-to-income ratios imply that the inequality of wealth – and potentially of inherited wealth – will probably matter a lot more in the foreseeable future than it did in the postwar period.
Since 2012, the top wealth group of individuals with at least $30 million has increased by 89 percent. The Capgemini World Wealth Report shows that individuals with between $1 million and $5 million in investment assets account for 90 percent of the millionaire population.
Jun 3, 2014 · It’s safe to say that economic inequality bothers us. But why? Harvard philosopher T. M. Scanlon offers four reasons we should tackle — and fix — the problem. The great inequality of income and wealth in the world, and within the United States, is deeply troubling.
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Nov 27, 2016 · The usual political agenda to reduce the problem focuses on income gap, not on wealth gap. It is done through a programme of income redistribution: taking from the top (through progressive...
