Thursday, February 20, 2014

The United States of Poverty and Inequality

Over the last three decades the wealth of the nation's very richest 1% has grown ten times that of the average worker, and over that time period that same elite has captured more than half of the entire income increases, leaving the bottom 99% to divide the remaining gains. This is all based on a new state-level study by the Economic Policy Institute (EPI), The Increasingly Unequal States of America: Income Inequality by State, which looks at how inequality has seized hold of the national economy both in the generation leading up to the great recession of 2008 and in the several years following the so-called 'recovery'.
The levels of inequality we are seeing across the country provide more proof that the economy is not working for the vast majority of Americans and has not for decades; it is unconscionable that most of America’s families have shared in so little of the country’s prosperity over the last several decades. 
Check out the state-by-state map on inequality generated by the study.

And for a recent analysis by Dr. Gerald Friedman on the so-called 'recovery', see here

1 comment:

  1. Seria isso inerente ao capitalismo ou devido ao predomínio do capital financeiro pós 1970?


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