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'Last week, at a hearing before the Senate Budget Committee, Kent Conrad, the chairman of that committee, laid out the issue as many Americans see it: "The growing gap between the very wealthy and everyone else has serious ramifications for the country. It hinders economic growth, it undermines confidence in our institutions, and it goes against one of the core ideals of this country - that if you work hard and play by the rules, you can succeed and leave a better future for your kids and your grandkids."

Study, conducted by Stanford University and released by the Russell Sage Foundation and Brown University in Nov., 2011... shows a changed map of prosperity in the United States over the past four decades, with larger patches of affluence and poverty and a shrinking middle.... The study also found that there is more residential sorting by income.... It raises, but does not answer, the question of whether increased economic inequality, and the resulting income segregation, impedes social mobility.

"America is great in many ways, but on a whole host of measures America is great in many ways, but on a whole host of measures - some of which are shown in the accompanying chart - ...not only are we not No.1, we are among the worst of the worst. These include the worst income inequality in the developed world except for Hong Kong and Singapore; and the world's highest per capita prison population at 1 out of every 15 people (which is greater than Russia's).

"I urged that we be realistic about reasoning and recognize that reasons persuade others on moral and political issues only under very special circumstances. "Reason is far less powerful than intuition, so if you're arguing (or deliberating) with a partner who lives on the other side of the political spectrum from you, and you approach issues such as abortion, gay marriage or income inequality with powerfully different intuitive reactions, you are unlikely to effect any persuasion no matter how good your arguments and no matter how much time you give your opponent to reflect upon your logic. "I never said that reasons were irrelevant. I said that they were no match for intuition, and that they were usually a servant of one's own intuitions. Therefore, if you want to persuade someone, talk to the elephant first."

>JimWallis: 'We urgently need a new social covenant between citizens, businesses, and government. Contracts have been broken, but a covenant adds a moral dimension to the solution that is now essential. By definition, this will require the engagement and collaboration of all the "stakeholders" - governments, businesses, civil society groups, people of faith, and especially young people. >Social covenants should all include shared principles and features - a value basis for new agreements, an emphasis on jobs that offer fair rewards for hard work and real contributions to society, security for financial assets and savings, a serious commitment to reduce inequality between the top and the bottom of society, stewardship of the environment, an awareness of future generations' needs, a stable and accountable financial sector, and the strengthening of both opportunity and social mobility. >Such a covenant promotes human flourishing, happiness, and well-being as social goals, and it elevates the movement from a shareholder model to a stakeholder model of corporate governance. Such new social covenants are already being discussed in a variety of settings and countries. The discussion itself will help produce the conversation leading to the results that we need. >A moral conversation about a social covenant could ask what a "moral economy" should look like and for whom it should exist. How can we do things differently, more responsibly, more equitably, and yes, more democratically? >Lack of trust is bad for politics, bad for business, and bad for overall public morale. It undermines people's sense of participation in society as well as their feelings of social responsibility, and makes them feel isolated and alone-more worried about survival than interested in solidarity. Because the "contract" was broken, a sense of "covenant" is now needed, fused with a sense of moral values and commitments. And the process of formulating new social covenants could be an important pa

'Pope Francis presented the vision for his papacy on Tuesday, calling on Catholics to battle what he called the "globalization of indifference" to create a more compassionate church that champions the poor as it works to achieve social justice in an increasingly secular and money-oriented society. Called "Evangelii Gaudium," (the Joy of the Gospel), the document ... a papal pronouncement known as an apostolic exhortation, was the first major written work Francis has created since he was chosen eight months ago to lead the 2,000-year-old church. 'It challenges the church to "abandon the complacent attitude that says: 'We have always done it this way,'" to find novel, "bold and creative" ways to speak to the faithfuland to make the church more meaningful. '