Gross economic inequalities in the US

An earlier post (link) highlighted the growing severity of inequalities of wealth and income in the United States, as well as Elizabeth Warren's very sensible "billionaire" tax proposal. According to a 2020 article in Forbes, "According to the latest Fed data, the top 1% of Americans have a combined net worth of $34.2 trillion (or 30.4% …

Guest post: VK Ramachandran on details of life as a day laborer in India

[V. K. Ramachandran was a Professor of Economics at the Indian Statistical Institute, and is at present vice chairman of the State Planning Board of the state of Kerala. He is the author of Wage Labour and Unfreedom in Agriculture: An Indian Case Study. Previous discussions of Ramachandran's work in Understanding Society can be found here (link, link, …

Social mobility disaggregated

There is a new exciting and valuable contribution from the research group around Raj Chetty, Nathan Hendren, and John Friedman, this time on the topic of neighborhood-level social mobility. (Earlier work highlighted measures of the impact on social mobility contributed by university education across the country. This work is presented on the Opportunity Insights website; …

Social relations across class lines

People relate to each other on the basis of a set of moral and cognitive frameworks -- ideas about the social world and how others are expected to behave -- and on the basis of fairly specific scripts that prescribe their own behavior in given stylized circumstances. It is evident that there are important and …

Elitism?

There are a variety of ways of valorizing individuals and institutions in our society. We can value contribution and productivity; effectiveness; talent and merit; honesty and integrity; and "elite status". Just watch the credits for Masterpiece Theater, including the promotions for a luxury cruise line and a luxury fashion house, and you will get a …

Tyler Cowen on global inequality

Tyler Cowen sounds a bit like Voltaire's Pangloss when he argues, as the New York Times headline puts it, that we are living "all in all, [in] a more egalitarian world" (link). Cowen acknowledges what most people concerned about inequalities believe: "the problem [of inequality] has become more acute within most individual nations"; but he shrugs this off …

Entrenched poverty

A quick review of Peter Edelman's So Rich, So Poor: Why it’s So Hard to End Poverty in America posted on svbtle.com ...   http://dlittle30.svbtle.com/entrenched-poverty

Why a war on poor people?

American conservatives for the past several decades have shown a remarkable hostility to poor people in our country. The recent effort to slash the SNAP food stamp program in the House (link); the astounding refusal of 26 Republican governors to expand Medicaid coverage in their states -- depriving millions of poor people from access to …

Where is poverty on the national agenda?

Our elected officials are charged to do their best to create legislation and policies that work best to secure the important life interests of all citizens. Can we take that as a shared assumption? This is how we want it to work, and we feel morally offended when legislators substitute their own wants and opinions …

Health disparities in the US and China

Health disparities across a population are among the most profound indicators of social inequalities that we can find.  And the fact of significant disparities across groups is a devastating statement about the circumstances of justice under which a society functions.  These disparities translate into shorter lives and lower quality of life for whole groups of …

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