A Quote by Ben Bernanke
Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.
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Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people.
There have always been two theories about inequality. One is that it reflects just deserts. The other is that there are large elements of exploitation and inequality of opportunities. The evidence is overwhelmingly that the increase in inequality is associated with those negative factors. If it were all social contribution, then when the top did better, they would be contributing to everybody's well-being. That trickle-down hasn't happened. We've seen median income, people in the middle, actually worse off than they were 25 years ago.
Well, you can do whatever you want, but just don’t call it inequality. Put the word poverty there. Because we have many rich people on our board, and when they see the word poverty that makes them feel good, because [it means] they’re really nice people who care about the poor. When they see the word inequality it makes them upset, because [it means] you want to take money from them.
Income inequality and wage stagnation finally took their place among the principal moral issues of our time.
Work means so many things! So many! Among other things, work also means freedom. ... Without it even the miracle of love is only a cruel deception.
Some people say we have this inequality because some people have been contributing much more to our society, and so it's fair that they get more. But then you look at the people who are at the top, and you realize they're not the people who have transformed our economy, our society.
But we have created a society that does not allow opportunities for those people to take care of themselves because we have denied them those opportunities.
It was this society and culture that among other things - including economic opportunities here and repression in Europe - attracted subsequent generations of immigrants to this country.
Hillary Clinton, income inequality, it's richest damn woman next to the Kennedy family, and you're trying to tell me she cares about income inequality?
America is among the countries the advance countries with the least equality of opportunity, which means that the - while I prospects of young American, a more dependent on the income and education's parents (ph) than another - other countries. So this notion of equal opportunity is sort of American dream is, is now a myth.
Too many people in Washington are full of themselves, among other things that they are full of.
I think that if we really want to break it down, that non-black filmmakers have had many, many years and many, many opportunities to tell many, many stories about themselves, and black filmmakers have not had as many years, as many opportunities, as many films to explore the nuances of our reality.
The opportunities, income, schools facilities, the basic income support that the government provides or any of these things .. public transport arrangements we have.. all these are part of the way our lives and freedoms are effected.
We must begin by acknowledging that there is a complete absence of two things in Indian Society. One of these is equality. On the social plane we have an India based on the principles of graded inequality, which means elevation for some and degradation for others. On the economic plane we have a society in which there are some who have immense wealth as against many who live in abject poverty.
There are some people who say that they?re concerned only with poverty but not inequality. But I don?t think that is a sustainable thought. A lot of poverty is, in fact, inequality because of the connection between income and capability?having adequate resources to take part in the life of the community.
A classical liberal is someone who wants a society that maximizes peace, civility, tolerance, and well-being for everyone. One that opens opportunities for everyone to advance themselves.
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