A Quote by Michael Ignatieff
No kid graduating in a political science class in Canada should not understand what's happened to income inequality since the 1970s, period. And then, what do we do about it? It's the biggest problem out there, in all western liberal societies.
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I fall into the camp that income inequality is the biggest problem we face.
The biggest pop star in the world shouldn't be a boring white kid from Canada - the biggest pop star in the world should be a creative black kid from Texas that doesn't know how to come out to his family - that's a way more interesting story, and it gives a new type of kid some hope.
Numerous studies have shown income inequality growing since the late 1970s. Real earnings have fallen for many families, with globalization, the decline of unions and technological innovations eroding workers' wages.
Since the end of the 1970s, something has gone profoundly wrong in America. Inequality has soared. Educational progress slowed. Incarceration rates quintupled. Family breakdown accelerated. Median household income stagnated.
There is far too little discussion in Washington about the collapse of the middle class , almost no discussion at all about the incredible income inequality and wealth inequality in this country, and the fact that we're moving toward an oligarch form of society.
Since I became Liberal leader, I've focused on building a better Canada for the middle class.
If you're going to compare a middle-income black kid with a middle- income white kid, and, say, you control for family background, family education, and family income, and if this middle-income black kid doesn't score as well as the white kid on the test, then I say, look, you haven't taken into consideration the cumulative effect of living in a segregated neighborhood and going to a de facto segregated school. You're denying a position at Harvard or some other place to a kid that really could make it. That's why I support affirmative action that's based on both class and race.
The Princeton economist Alan Krueger has demonstrated that societies with higher levels of income inequality are societies with lower levels of social mobility.
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.
The decision is I'm going to do everything I can to fight for the working class of this country, the low-income people against income and wealth inequality, do everything we can about climate change.
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?
For me, it is clear that we are currently in a period of structural crisis of capitalism going back to the 1970s, but deepening in our time. Persistent economic stagnation together with neoliberal austerity has at this point seriously undermined the stability of the liberal-democratic state and thus the political command sector of the capitalist system. This has led to a dangerous resurgence of political movements in the fascist genus, representing an alternative way of managing the state of the capitalist system, opposed to liberal democracy.
I promised to bring change to Washington. The underlying reason for the economic mess we're in has been building for years. It's a fundamental imbalance in which the top 1 percent now gets almost a quarter of all national income. We haven't seen income and wealth this concentrated since the late nineteen twenties, and we all know what happened then - the Great Depression. We'll never really get out of the gravitational pull of the Great Recession until we fix this basic problem.
It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.
They talk about class warfare -- the fact of the matter is there has been class warfare for the last thirty years. It's a handful of billionaires taking on the entire middle-class and working-class of this country. And the result is you now have in America the most unequal distribution of wealth and income of any major country on Earth and the worst inequality in America since 1928. How could anybody defend the top 400 richest people in this country owning more wealth than the bottom half of America, 150 million people?
Al Jazeera should understand the societies, should understand the culture of the civilisation, should understand the dynamics of the societies, should be part of this understanding; and on the other level, Al Jazeera should concentrate on the margin rather than the centre. It means that Al Jazeera should be close to the public.
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