The Great Gatsby Curve

Miles Corak discusses the fraying of the American Dream, and the power of inequality to disrupt the promise of social mobility.

[ncooty]

I really appreciated his comment near the end, linking justice and charity. Far too few people recognize that pernicious connection. It's the sleight of hand that enables sociopathic capitalists to launder their reputations via philanthropic donations worth a small fraction of what they should've paid in taxes, and that buy infrastructure or services the public should choose for itself rather than hoping rich people's capricious vanities align with public interests.

[PoliticalEconomy]

(Sayer, 2015) Why We Can’t Afford the Rich
(McQuaig, 2010) The Trouble with Billionaires: Why Too Much Money at the Top Is Bad
(McQuaig, 2013) Billionaires’ Ball: Gluttony and Hubris
(Pizzigati, 2018) The Case for a Maximum Wage
(Schutz, 2022) Inequality, Class, and Economics
(Royce, 2015) Poverty and Power: The Problem of Structural Inequality

[ericbruun]

not being given healthcare as a human right is a large part of what separates the USA. I am surprised that not much was said about it.

[kimwaldron]

The fact that upward mobility is least likely in most unequal countries like the United States may, as he put it, inform public policy, but that discussion is a waste of time as long as those who benefit the most from inequality control public policy, right? So long as we support this idea that there is no alternative to Capitalism

[ncooty]

I wish he'd been clearer or more consistent about distinguishing between mobility and upward mobility.

[bgiv]

I wonder how equality indexes relate to freedom indexes.

[asokt]

Isn't the capacity to built inter-generational wealth a key issues here that is framing the inequalities issues as lost in hope in the system. And, for many people inter generational wealth is housing; and we all want something a bit better than our parents. In that sense, those in the bottom 90% of society are stuck...

[truthaboveall]

Davos man
Jesus & John Wayne
Changing world order

3 books to fully grasp and ur decline & the architects of our fractured society

[dimmacommunication]

LOL Italy always in the top trash spots 😂 we the " best "💪

[РадостьБлагочистивых]

Радость Благочистивых.

Финаншинал таймс пишет;


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