21 Oct '11, 9am

The instability of inequality

The instability of inequality

While these protests have no unified theme, they express in different ways the serious concerns of the world’s working and middle classes about their prospects in the face of the growing concentration of power among economic, financial, and political elites. The causes of their concern are clear enough: high unemployment and underemployment in advanced and emerging economies; inadequate skills and education for young people and workers to compete in a globalized world; resentment against corruption, including legalized forms like lobbying; and a sharp rise in income and wealth inequality in advanced and fast-growing emerging-market economies. Of course, the malaise that so many people feel cannot be reduced to one factor. For example, the rise in inequality has many causes: the addition of 2.3 billion Chinese and Indians to the global labor force, which is reducing the job...

Full article: http://yoursdp.org/index.php/perspective/vantage/5012-the...

Tweets

Ten Reasons to Care About Economic Inequality

neweconomics.org 24 Oct '11, 11am

Inequality matters. We often hear politicians talk about ‘tackling poverty’ and the need to improve ‘social mobility’ but ...

Richard Wilkinson: How economic inequality harm...

singaporemind.blogspot.com 27 Oct '11, 7pm

Lucky you must think thru what you are writing .... Also, most of your readers all shoot from the hip without thinking ......