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Lisa Eriksen

A Relentless Widening of Disparity in Wealth - NYTimes.com - 0 views

www.nytimes.com/...ss-rise-in-unequal-wealth.html

wealth wealth-disparity economics politics

shared by Lisa Eriksen on 12 Mar 14 - No Cached
  • Professor Piketty offers early-20th-century France as an example. “France was a democracy and yet the system did not respond to an incredible concentration of wealth and an incredible level of inequality,” he said. “The elites just refused to see it. They kept claiming that the free market was going to solve everything.”It didn’t.
  • Lisa Eriksen on 12 Mar 14
     
    Perhaps we should just focus on high-level, individual donors since they will own most all of the wealth?
Elizabeth Merritt

Economists Pin More Blame on Tech for Rising Inequality - The New York Times - 1 views

www.nytimes.com/...ome-inequality-technology.html

wages income gap wealth gap wealth inequality technology

shared by Elizabeth Merritt on 11 Jan 22 - No Cached
  • Half or more of the increasing gap in wages among American workers over the last 40 years is attributable to the automation of tasks formerly done by human workers, especially men without college degrees, according to some of his recent research.
  • tax changes to pursue “labor-friendly innovations.”
  • the technological shift evolved as growth in postsecondary education slowed and companies began spending less on training their workers. “When technology, education and training move together, you get shared prosperity,” said Lawrence Katz, a labor economist at Harvard. “Otherwise, you don’t.”
  • jeffthorsen777 on 11 Jan 22
     
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