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protected versus the unprotected. Enhancing the common good versus maximizing and protecting the elite winners’ winnings.
Steven Brill • Tailspin: The People and Forces Behind America's Fifty-Year Fall--and Those Fighting to Reverse It
“In America the share of national income going to the top .01% (some 16,000 families) has risen from just over 1% in 1980 to almost 5% now—an even bigger slice than the top .01% got in the Gilded Age.”
Joseph E. Stiglitz • The Price of Inequality: How Today's Divided Society Endangers Our Future
the income gap between white and black men with similar education has been growing and is now as much as 30 percent, more than that between the scheduled castes and the other castes in India.
Esther Duflo • Good Economics for Hard Times
Every person, every company, every institution that has a role in perpetuating poverty also has a role in ameliorating it. The end of poverty is something to stand for, to march for, to sacrifice for. Because poverty is the dream killer, the capability destroyer, the great waster of human potential. It is a misery and a national disgrace, one that
... See moreMatthew Desmond • Poverty, by America
When Crystal was sixteen, she stopped going to high school. At seventeen, she was examined by a clinical psychologist, who diagnosed her with, among other things, bipolar disorder, post-traumatic stress disorder, reactive attachment disorder, and borderline intellectual functioning. When she turned eighteen, she aged out of foster care. By that tim
... See moreMatthew Desmond • Poverty, by America
However, four billion people live on less than two dollars per day (Prahalad 2006).