Half a century ago, a classic essay in The New Yorker titled “Our Invisible Poor” took on the then-prevalent myth that America was an affluent society with only a few “pockets of poverty.” For many, the facts about poverty came as a revelation, and Dwight Macdonald’s article arguably did more than any other piece of advocacy to prepare the ground for Lyndon Johnson’s War on Poverty. 768 more words
Tags » Economic Inequality
"The Show-Off Society": In A Highly Unequal Society, The Wealthy Feel Obliged To Engage In 'Conspicuous Consumption'
Liberals talk about circumstances; conservatives talk about character.
This intellectual divide is most obvious when the subject is the persistence of poverty in a wealthy nation. 780 more words
One of the hardest things for us to do is to envision a future that is different from the present. For instance, we live in an age of paralyzed politics, so it is hard, in the here and now, to imagine what could change that. 795 more words
We Are the 99%: The Focus of Our Rage (part one)
by Rev. Paul J. Bern
On this third anniversary of the Occupy and 99% Movements, I have given a lot of thought and engaged in plenty of research regarding the plight of middle America, and what should and should not be done to bring the top 1% in line with the rest of us. 2,744 more words
Absolute poverty refers to the inability to acquire vital means for survival, such as food, water, shelter and a minimum standard of sanitation. Relative poverty is an economic inequality calculated within the context of the society in which a person lives. 497 more words
No institution is more responsible for educating the CEOs of American corporations than Harvard Business School – inculcating in them a set of ideas and principles that have resulted in a pay gap between CEOs and ordinary workers that’s gone from 20-to-1 fifty years ago to almost 300-to-1 today. 810 more words