Tag Archives: class

Does the solution to widening economic inequality lie in a wealth tax? We speak to Emmanuel Saez, an adviser to Elizabeth Warren who helped design the “Ultra-Millionaire Tax” plan. Half-hour podcast.Project SyndicateHow to Tax the Super Rich Emmanuel Saez and Elmira Bayrasli

I cannot stress enough that this elitist attitude towards society is a learned mindset, that comes with a sense of extreme entitlement, and not some inherited tendency. As it succeeds it can become contagious among those who are morally weak and easily influenced. Some good quotes. Jesse's Café AméricanAudacious Oligarchy: The Rules Are For the Little People Jesse

"Out of sight, out of mind." Stumbling and Mumbling On class separation Chris Dillow | Investors Chronicle

Conventional economics prioritizes "growth" measured chiefly by per capita real GDP, assuming that increasing per capita real GDP increases the standard of living of a society. However, per capita real GDP is not a metric of the standard of living since it does not include distribution. They becomes crucial as inequality of income and net worth increases. A small segment of the population can be getting better off, while most of the society either languishes or declines. The typical...

The prevailing orthodoxy in terms of class identification over the last few decades has been through the nexus of lifestyle choices and job roles. Indeed, this understanding of class in the subjective sense has, since the emergence of neoliberalism four decades ago, been in the ascendancy while conversely, the recognition that class is an objective category measured in terms of ones relationship to the means of production, has been in retreat.... Renegade Inc.Class MattersDaniel Margrain

For decades, an increasingly loud chorus has claimed that economic inequality is primarily driven by class, with other possible reasons for disparities, such as race, playing a lesser role. They say that it is counterproductive to focus on inequality between races—instead, it is better to consider the inequality between all of America’s poor and its increasingly rich elite. A new study (pdf) by economists at Stanford, Harvard, and the US Census Bureau seems to refute that idea. The paper,...