A Quote by Said Musa
There is growing inequality. The families of the all-powerful Ministers are getting richer. The poor and hard-working Belizeans are getting poorer.
Related Quotes
I don't mind the rich getting richer, but the poor shouldn't be getting poorer, and there should be more people moving into the middle class.
I'm still a communist in the sense that I don't believe the world will survive with the rich getting richer and the poor getting poorer - I think that the pressures will get so tremendous that the social contract will just come apart.
The capitalist system is about taking from the Earth and from the other great commodity, labour. What's happening with this system is that the rich are getting richer and the poor are getting poorer, and the only way out of it is supposed to be growth. But growth is debt. It's going to make the situation worse.
Global inequality is such an abstract concept, simply because there is no global government. Telling people in rich countries who have had no increase in real incomes, stagnant median wages and so on, that on the other hand global inequality is going down because people who are much poorer than them are getting richer - it's something that maybe they would like in an abstract sense, because everyone is happy there are fewer poor Chinese, but you may not be as happy if these Chinese are taking your job.
The term 'income inequality' is a bit misleading because it suggests in a somewhat pejorative way that the rich are getting richer at the expense of the poor.
All of this is happening because there has still been no reckoning post the financial crisis. So governments have fallen, one bloke has been to prison, the banks have gone pretty well back to status quo, the rich are getting richer, and the poor are getting poorer. And it's fuelling anger. And somehow [Donald] Trump, who represents the worst aspects of capitalism, has persuaded people he can deal with that.
Thomas Piketty assembles the facts to prove a central point about trickle-down economics: Doesn't work. Never did. He has cold, hard data showing how the rich keep getting richer and how the playing field is rigged against working families.
It is true that the top quintile is getting richer while the bottom is getting poorer, but the bottom is not the same people. There is, fortunately, a constant churning at the bottom as new immigrants move in and those who used to be on the bottom begin their long, thrilling upward climb to the American dream.
Growing richer every day, for as rich and poor are relative terms, when the rich are growing poor, it is pretty much the same as if the poor were growing rich. Nobody is poor when the distinction between rich and poor is destroyed.
Yes, in socialism the rich will be poorer - but the poor will also be poorer. People will lose interest in really working hard and creating jobs.
People promise to stick with their spouse 'for richer or poorer' but it's the 'for poorer' part that causes the worry. The big shock is that the 'for richer' bit can also cause problems.
We say we need to clean up the environment; to clean up the environment, we need to be richer. But maybe getting richer is actually making us poorer.
The most powerful forces in economics are not numbers or facts. They are prejudices and preferences. No amount of evidence will ever change the degree to which many of the rich and powerful prefer themselves to be richer and more powerful and others poorer and weaker.
Everything we do as a government is focused on getting help and support for hard-working Australian families. We are standing up for them.
You don't make the poor richer by making the rich poorer.
The essence of capitalism is expressed in two of its basic features: a) profit maximization and b) market competition. In their abstract formulations none of them was supposed to have anything conspiratorial against the poor. But in real life they turn out to be the "killers" of the poor - by making rich the richer and poor the poorer.
Related Authors
Angela Merkel Quotes
German
Statesman
Bashar al-Assad Quotes
Syrian
Statesman
Colin Powell Quotes
American
Statesman
Condoleezza Rice Quotes
American
Statesman
Edmund Burke Quotes
Irish
Statesman
Fidel Castro Quotes
Cuban
Statesman
Indira Gandhi Quotes
Indian
Statesman
Kofi Annan Quotes
Ghanaian
Statesman
Lucius Annaeus Seneca Quotes
Roman
Statesman
Madeleine Albright Quotes
American
Statesman
Marcus Tullius Cicero Quotes
Roman
Statesman
Napoleon Bonaparte Quotes
French
Statesman
Nelson Mandela Quotes
South African
Statesman
Thabo Mbeki Quotes
South African
Statesman
Tony Blair Quotes
English
Statesman
Winston Churchill Quotes
British
Statesman