116 posts tagged with inequality.
Displaying 1 through 50 of 116. Subscribe:

"The practice is called "pay or stay" — pay the fine or stay in jail."

Supreme Court Ruling Not Enough To Prevent Debtors Prisons Judge Robert Swisher, a Superior Court judge in Benton County, says he'll make judgments based on how people present themselves in court. "They come in wearing expensive jackets," he says referring to defendants who wear NFL football team jackets, "or maybe a thousand dollars' worth of tattoos on their arms. And they say, 'I'm just living on handouts.' " If the jacket or tattoos were a gift, he tells the defendants they should have asked the giver for the cash to pay their court fees instead.
[more inside]
posted by sio42 on Jun 4, 2015 - 54 comments

How to fix inequality: Squash the finance industry and redistribute more

Joe Stiglitz on Inequality, Wealth, and Growth: Why Capitalism is Failing (video; if you don't have 30m, skip to 20m for discussion of political inequality, wealth, credit and monetary policy) - "If the very rich can use their position to get higher returns, more investment information, more extraction of rents, and if the very rich have equal or higher savings rates, then wealth will become more concentrated... economic inequality inevitably gets translated into political inequality, and political inequality gets translated into more economic inequality. The basic and really important idea here is that markets don't exist in a vacuum, that market economies operate according to certain rules, certain regulations that specify how they work. And those effect the efficiency of those markets, but they also effect how the fruits of the benefits of those markets are distributed and the result of that is there are large numbers of aspects of our basic economic framework that in recent years have worked to increase the inequality of wealth and income in our society... leading to a society which can be better described, increasingly, as an inherited plutocracy." [more inside]
posted by kliuless on Jun 2, 2015 - 27 comments

The Shape of Inequality

Can YOU recognize the shape of inequality in America? Most can't. [more inside]
posted by ourt on May 20, 2015 - 105 comments

America's Teachers are Underpaid? Surprise, surprise.

The top 25 hedge fund managers earn more than all kindergarten teachers in U.S. combined. "'Last year turned out to be the worst one for this elite group of investors since the stock market meltdown of 2008,' Institutional Investors' Stephen Taub writes, adding, 'How bad was it?' apparently without irony." [more inside]
posted by ourt on May 13, 2015 - 82 comments

Do women have to be naked to get into the Met. Museum?

"The Whitney museum says, 'Isn't it wonderful – we have 30% women in the new collection!'" says the activist known as Frida Kahlo. "And we're saying, why is that something to be happy about – 30%? Where is the other 20?" The Guerrilla Girls: 30 years of punking art world sexism (Emma Brockes, The Guardian); previously on MetaFilter.
posted by joseph conrad is fully awesome on May 5, 2015 - 8 comments

Short-Termism, Secular Stagnation and Political Decay

Foundation: Public Goods and Options for the Bottom Billions - "Human beings just don't handle the very long run well" and that's where government increasingly comes in... (via) [more inside]
posted by kliuless on Apr 23, 2015 - 6 comments

Let Them Eat Privilege

The one percent isn’t some amorphous boogeyman inside all of us... It’s a very real class. And we don’t need a list of cultural “symptoms” of one-percent-style privilege to figure out who they are. Just run the numbers. If your household — or to be generous, the one you grew up in — makes an adjusted gross income of at least $343,000, you are, in fact, the one percent. Even if you smoke meth, went to boot camp, and are on your third marriage. Yes, even if most of your friends didn’t finish college and live kinda far from a Whole Foods. Now, if you or the household you grew up in make an adjusted gross income of less than $340,000, you are, technically, the 99 percent.
Let Them Eat Privilege
posted by y2karl on Apr 22, 2015 - 62 comments

The Failure of Multiculturalism by Kenan Malik

The Failure of Multiculturalism - Community Versus Society in Europe
Thirty years ago, many Europeans saw multiculturalism—the embrace of an inclusive, diverse society—as an answer to Europe’s social problems. Today, a growing number consider it to be a cause of them.
[more inside]
posted by Golden Eternity on Apr 15, 2015 - 86 comments

Chinese Christianity

Religion in China: Cracks in the atheist edifice - "Yang Fenggang of Purdue University, in Indiana, says the Christian church in China has grown by an average of 10% a year since 1980. He reckons that on current trends there will be 250m Christians by around 2030, making China's Christian population the largest in the world. Mr Yang says this speed of growth is similar to that seen in fourth-century Rome just before the conversion of Constantine, which paved the way for Christianity to become the religion of his empire." [more inside]
posted by kliuless on Feb 1, 2015 - 47 comments

[GREEN] JOBS FOR ALL

Let Us Face the Future - "All parties pay lip service to the idea of jobs for all. All parties are ready to promise to achieve that end by keeping up the national purchasing power and controlling changes in the national expenditure through Government action. Where agreement ceases is in the degree of control of private industry that is necessary to achieve the desired end. In hard fact, the success of a full employment programme will certainly turn upon the firmness and success with which the Government fits into that programme the investment and development policies of private as well as public industry." [more inside]
posted by kliuless on Jan 29, 2015 - 10 comments

It's 2015 and inequality looks like it's going to be here for a while

Oxfam's latest report ahead of the World Economics Forum in Davos says that "by next year, 1% of the world’s population will own more wealth than the other 99%." [more inside]
posted by mostly vowels on Jan 19, 2015 - 126 comments

That Annie should magically combine meekness and moxie is so important.

The Teflon Kid: How ANNIE enables apathy about inequality.
Little Orphan Annie on going to public school for free (November 8, 1935 comic strip):
"Free!" Hun~ Nothin' is free -- It all costs somebody-- Too many people are livin' "free" off o' other people -- I'll keep trying to earn my way. [more inside]
posted by spamandkimchi on Jan 17, 2015 - 36 comments

Can Capitalism and Democracy Coexist?

In a wide-ranging discussion about democracy, capitalism, and the American body politic; Chris Hedges interviews political theorist Sheldon Wolin in eight parts. (via) (previously) [more inside]
posted by AElfwine Evenstar on Nov 11, 2014 - 38 comments

I don’t think I was born white. I think white children are manufactured.

Quinn Norton: The White Problem & How White People Got Made [more inside]
posted by flex on Nov 5, 2014 - 24 comments

Gender-Based Prize Money Differences In Sport

A BBC Sport study into prize money found 30% of sports reward men more highly than women. The biggest disparities in prize money were found in football, cricket, golf, darts, snooker and squash. [more inside]
posted by marienbad on Oct 28, 2014 - 29 comments

Bill Gates reviews a book on inequality

Bill Gates pens a review on Thomas Piketty’s Capital in the Twenty-First Century (multiple previously). He agrees with the book's central thesis on the problem of high levels of inequality and the need for government role that the market alone cannot solve, and calls upon the imposition of a progressive consumption tax, rather than a tax on capital as Piketty proposes.
posted by Apocryphon on Oct 16, 2014 - 153 comments

The Social Construction of Money (Wealth/Capital in the 21st Century)*

The political economy of a universal basic income: "your view of what is feasible should not be backwards looking. The normalization of gay marriage and legalization of marijuana seemed utopian and politically impossible until very recently. Yet in fact those developments are happening, and their expansion is almost inevitable given the demographics of ideology... UBI — defined precisely as periodic transfers of identical fixed dollar amounts to all citizens of the polity — is by far the most probable and politically achievable among policies that might effectively address problems of inequality, socioeconomic fragmentation, and economic stagnation." [more inside]
posted by kliuless on Sep 19, 2014 - 62 comments

It presumably refers to either a kind of sofa or a kind of birth control

The Upshot asked: Where are the hardest places to live in the U.S.? (A bit more on the ranking.) Now, given continuing economic divergence (previously): What do the two Americas search for?
posted by psoas on Aug 19, 2014 - 42 comments

The nation's top colleges are turning our kids into zombies.

It's hardly breaking news, but more and more people are questioning the race to the Ivy League that in some cases begins as early as preschool. And in addition to perpetuating the increasingly-rigid class structure in the US, the Ivy League colleges are inadvertently creating and admitting students who have no idea how to really take advantage of the resources available to them. So writes William Deresiewicz in his article, "Don't Send Your Kid to the Ivy League" from the New Republic:
So extreme are the admission standards now that kids who manage to get into elite colleges have, by definition, never experienced anything but success. The prospect of not being successful terrifies them, disorients them. The cost of falling short, even temporarily, becomes not merely practical, but existential. The result is a violent aversion to risk. You have no margin for error, so you avoid the possibility that you will ever make an error. Once, a student at Pomona told me that she’d love to have a chance to think about the things she’s studying, only she doesn’t have the time. I asked her if she had ever considered not trying to get an A in every class. She looked at me as if I had made an indecent suggestion.
See also Deresiewicz's earlier article, "The Disadvantages of an Elite Education" from American Scholar, previously discussed on the blue.
posted by math on Jul 23, 2014 - 138 comments

Utility, welfare, and efficiency

  1. Welfare economics: an introduction
  2. The perils of Potential Pareto
  3. Inequality, production, and technology
  4. Welfare theorems, distribution priority, and market clearing
  5. Normative is performative, not positive

posted by kliuless on Jul 7, 2014 - 7 comments

"Maybe I’ll start a fly and broke tumblr or something."

Fat-Booty Butch Buys A Suit On A Budget.
I’m a brown dyke living in the Bronx, working 40 hours a week at an non-profit arts center. I’m finally with it enough to pay all my bills on time, if at all. I’ve got a roof over my head and some change in my savings account. I’m not complaining. It’s been worse for me but fuck, just having a job feels like a blessing sometimes. Living in this city makes it feel like I’m scraping by with every penny just to live. My play money is tight and I don’t know how to sew. I wear clothes until they’ve given up on life and I’m not ashamed. I often wonder how regular people buy new clothes all the time. Clothes in the hood and at super-low discount shops never seem to last very long. Fancy clothes cost so much, like why isn’t everyone just running around in cloth diapers? What is someone like me supposed to do when they need to look good in real life?
[more inside]
posted by Lexica on Jul 3, 2014 - 26 comments

The modern American realist novel in a time of r>g

In the LA Review of Books, Stephen Marche reflects upon the Literature of the Second Gilded Age. In his recently published book, Capital in the Twenty-First Century, economist Thomas Piketty argues that when r>g, that is, when an economy's annual rate of return on capital exceeds the economy's annual rate of growth, wealth inequality tends to increase, and that this condition has held both during the 19th century and since around the latter quarter of the 20th century. Unusually for an economics book, Piketty's work makes reference to several pre 20th-century works of fiction. Stephen Marche discusses role of this literature in Piketty's book. He goes on to critique the modern American social-realist novel. Although these books are not discussed by Piketty, according to Piketty's research they too pertain to a time in which r>g. Marche however accuses the more modern literature of being a "restrained, aspirational product" with "most of its sting removed".
posted by mister_kaupungister on Jun 24, 2014 - 15 comments

Dear Marc Andreessen

"Hi, Marc... You seem to think everyone's worried about robots. But what everyone's worried about is you, Marc. Not just you, but people like you. Robots aren't at the levers of financial and political influence today, but folks like you sure are. People are scared of so much wealth and control being in so few hands... Unless we collectively choose to pay for a safety net, technology alone isn't going to make it happen." [more inside]
posted by kliuless on Jun 18, 2014 - 50 comments

“bordering on a sense of alarm” toward the opposite party

This PewResearch animation graphically shows the growing polarization among US voters during the past 15 years. Part of a 121 page pdf. Pew doesn't address why polarization is happening, but the pundits will try: "Voters are becoming angrier because living standards are falling and the middle class is shriveling." Democrats blame corporations, Republicans blame the government and the Dallas Fed blames robots. [more inside]
posted by stbalbach on Jun 16, 2014 - 213 comments

At least someone can afford to pay down their debts.

Student Debt Grows Faster at Universities With Highest-Paid Leaders, Study Finds (SLNYT) 'At the 25 public universities with the highest-paid presidents, both student debt and the use of part-time adjunct faculty grew far faster than at the average state university from 2005 to 2012...The study, “The One Percent at State U: How University Presidents Profit from Rising Student Debt and Low-Wage Faculty Labor,” examined the relationship between executive pay, student debt and low-wage faculty labor at the 25 top-paying public universities.' Report here.
posted by MisantropicPainforest on May 19, 2014 - 24 comments

Sunday Times Rich List 'wealthier than ever'

"Britain's richest people are wealthier than ever before, with a combined fortune of almost £520bn, according to the Sunday Times Rich List. The total wealth of the richest 1,000 individuals, couples or families jumped 15% in a year, the survey said. Wealth expert Philip Beresford, who compiled the list, said he had never before seen such a "phenomenal" rise in personal fortune... Mr Beresford said: "The richest people in Britain have had an astonishing year. While some may criticise them, many of these people are at the heart of the economy and their success brings more jobs and more wealth for the country." - The total figure for the Rich List is equivalent to a third of the UK's gross domestic product."
posted by marienbad on May 18, 2014 - 44 comments

Higher self-perceived attractiveness increases support for inequality

"seeing yourself as physically attractive leads you to believe you belong in a higher social class," according to a recent study by Peter Belmi and Margaret Neale of Stanford Graduate School of Business. Through a series of five studies, they found that "self-perceived attractiveness shaped people's social class perceptions, which in turn, influenced how people responded to inequality and social hierarchies." For example, higher self-perceived attractiveness "reduced donations to a movement advocating for social equality," while lower self-perceived attractiveness led to "greater rejection of inequality and social hierarchies."
posted by needled on Apr 24, 2014 - 45 comments

Harmonized data sets with varying sample sizes....

The American Middle Class Is No Longer the World’s Richest. The American middle class, long the most affluent in the world, has lost that distinction. Comparing income by country. About the data.
posted by blue_beetle on Apr 23, 2014 - 38 comments

Evenly distribute the future: Issuing more bio-survival tickets

VC for the people - "It's just that people who have options are much more likely to actually find success than people who don't." [more inside]
posted by kliuless on Apr 18, 2014 - 20 comments

A Report From The Front

TechCrunch's Kim-Mai Cutler delivers a 12,000-word deep-dive on San Francisco's Housing Crisis. Touching on: rent control, the Ellis Act, Dianne Feinstein, the mission, the Fillmore, Angelo Sangiacomo, Howard Jarvis, the failure of the Greater San Francisco movement, the perfidy if the Mountain View city council, and the Byzantine machinations behind the Twitter tax. If some of those names are unfamiliar to you, strap in: the story of San Francisco's property law may have found its Gibbon.
posted by Diablevert on Apr 15, 2014 - 96 comments

Everything old is new again

Why We’re in a New Gilded Age Paul Krugman reviews Capital in the Twenty-First Century by Thomas Piketty, and discusses the renewal of the importance of capital in preserving inequality across generations.
posted by jaduncan on Apr 15, 2014 - 131 comments

Decaying London properties of the rich, and otherwise.

In 2013, 85% of new houses in London were sold to non-UK buyers. Many stand empty and decaying, held as investments instead of homes. On the other end of the scale, desperate renters turn to leaking barges on the Thames.
posted by bitmage on Apr 6, 2014 - 102 comments

Inequality Kills

For nearly two hundred years America was one of the healthiest and longest-lived countries, but today, over thirty countries have better health by many measures. What happened? "If the culprit of the decline in health is not health care, are individual health-related behaviors, often blamed for the high death rates in some groups, causing our low ranking in health? Apparently not." [more inside]
posted by MisantropicPainforest on Apr 3, 2014 - 77 comments

Who Had Richer Parents, Doctors Or Artists?

What's the link between household income during childhood and job choice during adulthood? Stats and pretty graphs ahoy!
posted by forza on Mar 20, 2014 - 44 comments

Aggregate Demand Management: "pass a law allowing the Fed to cut checks"

Free Money for Everyone - "A wacky-sounding idea with surprisingly conservative roots may be our best hope for escaping endless, grinding economic stagnation." (via) [more inside]
posted by kliuless on Mar 16, 2014 - 19 comments

Make Everything Awesome For Everybody: Bridging The CP Snow-Style Divide

The Two Cultures and the Scientific Revolution - "[Charles Percy Snow] was pleading for a more adequately educated ruling class so that the suffering of the poor might be ameliorated... Snow wanted to believe something like this: political decisions in the modern world often concern how to deploy science and technology, so people well-trained in science and technology will be better prepared to make those decisions. But that's a syllogism without a minor premise." (previously) [more inside]
posted by kliuless on Mar 15, 2014 - 37 comments

How Obama's tech team saved his presidency a second time

Inside the Nightmare Launch of HealthCare.Gov - "Unknown to a nation following the fiasco, McDonough's assignment from the President had boiled down to something more dire than how to fix the site. As the chief of staff remembers his mission, it was 'Can it be patched and improved to work, or does it need to be scrapped to start over? He wanted to know if this thing is salvageable.' Yes, on Oct. 17, the President was thinking of scrapping the whole thing and starting over." (previously) [more inside]
posted by kliuless on Mar 3, 2014 - 120 comments

Fighting segregation in housing: There’s a map for that

A single mom, Nicole just completed a degree in early childhood development at the local community college. She has been patching together part-time work around her studies and Joe’s schedule. Until 2009, Nicole and Joe lived in a poor neighborhood in Baltimore. Now they’re in Columbia, Md., half an hour away by car, but a world away in terms of opportunity. At Joe’s former elementary school in Baltimore, 97 percent of the students are low income, and 97 percent are African-American. His middle school in Columbia is one-third low income, with white, Asian, Hispanic and multiracial students making up just over half the population. In their old Baltimore neighborhood, Nicole says, she saw a man get shot in the leg in front of a corner bar as she held baby Joe in her arms.
posted by josher71 on Feb 6, 2014 - 12 comments

Too poor for pop culture

Where I live in East Baltimore, everything looks like "The Wire" and nobody cares what a "selfie" is.
posted by namewithoutwords on Feb 5, 2014 - 53 comments

The Era of Big Metafilter is Over

Tonight, President Barack Obama will deliver his 2014 State of the Union address. A stream will be available via the White House and from many other outlets. [more inside]
posted by Drinky Die on Jan 28, 2014 - 449 comments

The Library as an Economic Model in the Second Machine Age

Congress takes a casual look at the peer-to-peer economy - “Finding new ways to monetise used or existing assets has the obvious and immediate effects of raising their value and the wealth of their owners, while simultaneously reducing the value of comparable stuff owned by incumbent companies — for whom monetisation already wasn’t a problem, and who find themselves burdened by the newly competitive environment. The innovations also provide a surplus to those consumers who previously would have paid more to an incumbent. And all without any new stuff actually having to be made.” [more inside]
posted by kliuless on Jan 23, 2014 - 23 comments

Winner takes all

The 85 richest people around the globe equals the assets held by half of the world's population. Ahead of this year's Davos World Economic Forum (and the premier of Rich Kids of Beverly Hills), Oxfam released a report on inequality. [more inside]
posted by stbalbach on Jan 21, 2014 - 89 comments

listen to the wealthy scream

The return of "patrimonial capitalism": review of Thomas Piketty's Capital in the 21st century (pdf) - "Thomas Piketty's 'Capital in the 21st century' may be one of the most important recent economics books. It jointly treats theory of growth, functional distribution of income, and interpersonal income inequality. It envisages a future of relatively slow growth with the rising share of capital incomes, and widening income inequality. This tendency could be checked only by worldwide taxation of capital." [more inside]
posted by kliuless on Jan 12, 2014 - 39 comments

“People don’t go nowhere in Brooklyn”

The number of homeless New Yorkers in shelters has risen by more than 69 percent since 2002, when Mayor Bloomberg took office. Each night as many as 60,000 people -- including more than 22,000 children, the highest number since the Great Depression, -- experience homelessness in NYC, and during the course of each year, more than 111,000 different homeless New Yorkers, including more than 40,000 children, will sleep in the city's municipal shelter system. Meet Dasani, one of the city's 'invisible children.' [more inside]
posted by zarq on Dec 9, 2013 - 112 comments

“Not to share wealth with the poor is to steal”

Pope Francis' Apostolic Exhortation Evangelii Gaudium has effectively labeled unfettered capitalism a 'tyranny' (previously). [more inside]
posted by jeffburdges on Nov 26, 2013 - 219 comments

The ethics of unpaid labour and the OSS community

"We've somehow been culturally talked into accepting this arrangement, not realizing how businesses are using it to further extract value from us. Businesses are choosing candidates based on their open source contributions, knowing that they are getting more value for less money out of them. These are candidates that will continue to work on things in their free time because it's something they care about and are passionate about. This is akin to not paying someone for overtime." -- Ashe Dryden talks about how unpaid work on open source projects may help sustain inequality and exploitation in the software industry.
posted by MartinWisse on Nov 16, 2013 - 154 comments

Where would be the fun in watching a driverless Formula 1 race?

Brad DeLong, recently installed at Equitablog, lays out a future (wonkish) where the returns to capital keep increasing relative to labor: "What do we people do to add value? Eight things... [more inside]
posted by kliuless on Nov 9, 2013 - 29 comments

Who Sits On All The Money?

The Guardian presents an animated video explaining the distribution of wealth in the UK (and how it's getting worse).
posted by The Whelk on Oct 10, 2013 - 14 comments

Grundeinkommen - ein Kulturimpuls

Switzerland to vote on $2,800 monthly 'basic income' for adults (reddit, mr; previously-er) [more inside]
posted by kliuless on Oct 6, 2013 - 64 comments

The Traffickers, the Militias, and the State

Over the last year and a half, I have been visiting São Paulo and, especially, Rio de Janeiro, observing the process of “pacification,” by which the government attempts to peacefully enter and reestablish state control over the most violent enclaves of the city, those dominated by drug gangs called traficantes, or by syndicates of corrupt police called militias. Until 2008, when the pacification program started, the traficantes controlled roughly half of the favelas, and the militias the other half. Both still hold power in most favelas. The ultimate aim of the state government of Rio’s plan, called the Unidade de Polícia Pacificadora (UPP), or Police Pacification Unit, is to drive both of these groups out and replace them by the state. (SLNYRB)

posted by Rustic Etruscan on Aug 29, 2013 - 6 comments

Page: 1 2 3