Blog # 55c – The Blocked Questions on Inequality. [Blog #55a has tried, in outline form, to explain the existence of inequality in the U.S.A.] [Blog #55b has asked mores specifically how that inequality came about and why it is tolerated in a democracy.] This Blog #55c gives three examples, from different points of view,… More Blog # 55c – The Blocked Questions on Inequality.
Blog #55b – Why Does Inequality Have Popular Support? The Agents of Inequality The Agents of InequalityThe Processes of Inequality: Exploitation, Dispossession, Incorporation I have argue here and elsewhere that Social inequality is caused, not by any technical developments or by agreement that it is just or because the people wanted it, but because it… More Blog #55b – Why Does Inequality Have Popular Support?
Blog #55a – Why is there Inequality in the U.S.A.? An Answer in 22 and 7 words. Piketty showed, in 648 pages, that inequality is increasing long-term. It continued in the short term: In 2009, figures were: average net worth, top 1%; $16,439,400 bottom 20% minus $14,000 Total Net Worth Top 1 percent Bottom… More Blog #55a – Why is there Inequality? It’s no Mystery
Blog #49 draft Picketty, Leonhardt, and Market Economics David Leonhardt writes: “What is it about market economies that typically causes the assets and incomes of the rich to rise more rapidly than those of everyone else?” Picketty’s First Law of Inequality explains some – they accrue capital, invest, it,and benefit from the return on… More Blog #49 Picketty, Leonhardt, and Market Economics
Poverty or Inequality: What’s the Problem? The language in the slogans used to address what most see as the basic social problem in the United States varies significantly. The key terms run from “war on poverty” to “ladders of opportunity” to “upward mobility” to “fight against inequality.” President Lyndon Johnson declared the War on Poverty.… More Blog #44 – Poverty or Inequality: What’s the Problem?
Blog #43 – Who Lost the War on Poverty, and Who Won It? Odd, in all the discussion of whether “we” lost the war on “poverty,” the question of who the combatants were or are quite escapes notice. Presumably, if the war was lost, the “poor” were the losers – but they’re not the “we”… More Blog #43 – Who Lost the War on Poverty, and Who Won It?
Community Land Trusts – Empty, Moderate, or Full-bodied? Community land trusts, as a legal form of ownership of land, can come in three different forms: empty – available to any group for any purpose; moderate – to deal with serious but limited problems for a limited group, or full-bodied – handling both immediate problems but… More Blog #38 – Community Land Trusts: Empty, Moderate, and Full-bodied.