A Quote by Arancha Gonzalez
Some of the anti-trade sentiment is the result of rising wealth inequality and stagnating real wages.
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It's not surprising, then, they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations.
It's not surprising then they get bitter, they cling to guns or religion or antipathy to people who aren't like them, or anti-immigrant sentiment, or anti-trade sentiment, as a way to explain their frustrations.
Donald Trump has proven adept at mobilizing anti-immigrant and anti-trade sentiment among a minority of Americans into a strong movement that seeks to put the United States first in global affairs. Yet, his is not the majority's view.
We have a reversal of a longstanding trend, from rising inequality across nations and constant or declining inequality within nations, to declining inequality across nations and rising inequality within them.
You got into these small towns in Pennsylvania and, like a lot of small towns in the Midwest, the jobs have been gone now for 25 years and nothing's replaced them. And they fell through the Clinton Administration, and the Bush Administration, and each successive administration has said that somehow these communities are gonna regenerate and they have not. And it's not surprising then they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations.
Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And there is lots of talk and realization of this. It's harder to understand that at the same time, you can actually have global inequality going down. Technically speaking, national inequality can increase in every single country and yet global inequality can go down. And why it is going down is because very large, populous, and relatively poor countries like India and China are growing quite fast.
The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing power of pensions about 45% in 30 years. The greatest danger of rising prices is from wages rising faster than output per man-hour.... Whether the nation succeeds in providing adequate security for retired workers depends in large measure upon the wage policies of trade unions.
My whiteness, economic privilege, able-bodied privilege, family support, and so many other factors shield me from some of the worst possible consequences - often fatal ones - that result from the toxic combination of misogyny, racism, and anti-trans sentiment.
[T]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a shifting of wealth and income.
If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.
When minimum living wages, bargaining for fair wages, pensions, and job security are denied in too many countries, it is not rocket science to understand the drivers of inequality.
Money is a result, wealth is a result, health is a result, illness is a result, your weight is a result. We live in a world of cause and effect.
In the U.S. when people like me started writing things about inequality, the economic journals had no classification for inequality. I couldn't find where to submit my inequality papers because there was no such topic. There was welfare, there was health issues, there was trade obviously. Finance had hundreds of sub groups.
'Egalitarians' who complain about inequality view the wealth of the wealthiest as bad in itself: it disfigures society. They would enact a wealth tax to extirpate the offending wealth.
Tuition fees have formed part of a full-frontal assault on the living standards of a generation battered by a housing crisis, stagnating wages and slashed services.
From a genuine living wage to a mass housebuilding programme and strong workers' and trade unions rights preventing a race to the bottom, our answers to the grievances that help drive anti-immigrant sentiment must be front and centre.
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