Top 1200 Economic Inequality Quotes & Sayings - Page 16

An earthly kingdom cannot exist without inequality of persons. Some must be free, some serfs, some rulers, some subjects.

Inequality and hierarchy are natural, but that doesn't mean they are right, that doesn't mean there is isn't a productive tension between those forces and the forces of equality.

We have serious challenges regarding climate change, unsustainable use of natural resources, water scarcity, loss of biodiversity, forests and farmland. Not to mention the huge inequality still prevailing in several parts of the planet.

Economic systems work better when there's an extreme reliability ethos. And the traditional way to get a reliability ethos, at least in past generations in America, was through religion. The religions instilled guilt. ... And this guilt, derived from religion, has been a huge driver of a reliability ethos, which has been very helpful to economic outcomes for man.

It's nonsense. If, in fact, putting one out of four people in the state of Kentucky on Medicaid created 12,000 jobs and $30 billion in economic prosperity, why wouldn't we put every single person in the state of Kentucky on Medicaid? We'd create 48,000 jobs by that logic and $120 billion worth of economic advantage.

But it is also clear that left entirely untouched by public policy, the capitalist system will produce more inequality than is socially healthy or than is necessary for maximum efficiency.

The Princeton economist Alan Krueger has demonstrated that societies with higher levels of income inequality are societies with lower levels of social mobility.

Half the U.S. population owns barely 2 percent of its wealth, putting the United States near Rwanda and Uganda and below such nations as pre-Arab Spring Tunisia and Egypt when measured by degrees of income inequality.

Economic theorists, like French chefs in regard to food, have developed stylized models whose ingredients are limited by some unwritten rules. Just as traditional French cooking does not use seaweed or raw fish, so neoclassical models do not make assumptions derived from psychology, anthropology, or sociology. I disagree with any rules that limit the nature of the ingredients in economic models.

And it also became clear that these conditions of inequality and historical injustice have given rise to a feeling of hate in the world - a deeply felt hate that cannot easily be overcome with a few good words.

Schools are the single largest lever of mobility in this country. When we commit to creating and enforcing laws that acknowledge the injustice of the past, we open up the possibility of using schools as a means of reducing inequality.

Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.

If ever America undergoes great revolutions, they will be brought about by the presence of the black race on the soil of the United States - that is to say, they will owe their origin not to the equality but to the inequality of conditions.

We have the history of slavery or inequality to women, and now the civil rights movement of the 21st century is the struggle for equality for the gays, lesbians, bisexuals and transgender people. And I think it's important for Americans to know about the times that we failed.

Inequality is not just an issue between individuals, between classes, between regions. It's between urban and rural.

I have read a great deal of economic theory for over 50 years now, but have found only one economic "law" to which I can find NO exceptions: Where the State prevents a free market, by banning any form of goods or services, consumer demand will create a black market for those goods or services, at vastly higher prices. Can YOU think of a single exception to this law?

The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.

Honestly, I feel like we are a walking protest. The fact that we're women professional athletes says that in and of itself. We've been feeling the inequality; we've been struggling with pay equality or whatever it is, or sexism in sports.

At a time of massive inequality, I think we can raise substantial sums of revenue to address the needs of working families, the elderly, and the children, by asking those people who are doing phenomenally well to start paying their fair share.

To allow injustice and inequality invites a Ferguson to your community. We must stand together, black, white, brown, red, and yellow and fight for justice and equality for all. It's the only way to avoid more Fergusons.

The inequality between CEO compensation and the compensation received by workers and stockholders has grown to such an extent that it endangers our economy and and our society.

The people's community must not be a mere phrase, but a revolutionary achievement following from the radical carrying out of the basic life needs of the working class. A ruthless battle against corruption! A war against exploitation, freedom for the workers! The elimination of all economic-capitalist influences on national policy...Maintaining a rotten economic system has nothing to do with nationalism, which is an affirmation of the Fatherland. I can love Germany and hate capitalism. Not only can I, I must.

Whatever may be the general endeavor of a community to render its members equal and alike, the personal pride of individuals will always seek to rise above the line, and to form somewhere an inequality to their own advantage.

As inequality grows, the basic bonds of social fraternity are fraying - as we discussed in regard to Occupy Wall Street. As tensions increase, people will become more willing to engage in protest. But that moment is not now.

Capitalism cannot be reduced to one or a few features, but it does possess one relationship, central to its existence and operation, that constitutes the essence of inequality and ineradicable instability: the wage-labor-capital connection that dwells at the heart of the system.

The idea of solving as huge and long-term a problem as inequality - which, for my money, is the biggest single problem we have here at home - just never gets serious concern from both sides.

The unified message in this fight against systemic racism and racial inequality is something that our entire Association is united to fight against.

The way in which we can promote peace, is by promoting sustainable management of our resources, equitable distribution of these resources, and that the only way you can actually do that, is that then you have to have a political, economic system that facilitates that. And then you get into the issues of human rights, justice, economic justice, social justice, and good governance or democratic governance. That's how it ties up.

'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.

The polls show that concern over inequality among the general public rose pretty sharply after the Occupy movement started, very probably as a consequence. And there are other policy issues that came to the fore, which are significant.

In the model that we grew up with, governments rule physical territory in which national economies function, and strong economies support hegemonic military power. In the new model, already emerging under our noses, economic decisions don't pay much attention to national sovereignty in a world where more than half of the one hundred or two hundred largest economic entities are not countries but companies.

I have read more about Oprah Winfrey’s ass than I have about the rise of China as an economic superpower. I fear this is no exaggeration. Perhaps China is rising as an economic superpower because its women aren’t spending all their time reading about Oprah Winfrey’s ass.

In the same way that Occupy Wall Street forever elevated that concept of income inequality, the Black Lives Matter protesters have elevated the idea of inequity in policing as it relates to minority communities.

There's something in the cross that says this is not just about my "salvation" but about the "salvation" of all those who suffer injustice and inequality.

Capitalism had arisen through the misuse and exaggeration of certain rights, notably the right of property - the basis of economic freedom - and the right of contract, which is one of the main functions of economic freedom. Therefore, even under Capitalism, so long as the old principles were remembered it was possible to recall the principles whereby Society had once been sane and well ordered.

Until affirmative action is described and understood as one mechanism by which to make amends for historical wrongdoing against members of marginalized communities, it will fail to meaningfully address the inequality that exists as a direct result of federal policy.

Do not banish reason for inequality; but let your reason serve to make the truth appear where it seems hid, and hide the false seems true.

Some degree of inequality in income and wealth, of course, would occur even with completely equal opportunity because variations in effort, skill, and luck will produce variations in outcomes.

Hitler had an unprecedented opportunity, such as no man will ever again be offered so easily, to create something entirely new. However, besides the fact that he knows absolutely nothing about matters economic, he cannot even fully understand his economic advisers. . . . His constant worry has ever been to keep himself in power. . . . He believes that he alone is a great man, and all others non-entities.

Liberals talk about the 'income inequality' and the 'unfairness' and the disparity of the haves and the have-nots in New York City. Who has been running that city for all this time? Who has created the underclass in this country? It's the Democrat Party.

It is the belief that extremes and excesses of inequality must be reduced so that each person is free to fully develop his or her full potential. This is why we take precious time out of our lives and give it to politics.

It is not till it is discovered that high individual incomes will not purchase the mass of mankind immunity from cholera, typhus, and ignorance, still less secure them the positive advantages of educational opportunity and economic security, that slowly and reluctantly, amid prophecies of moral degeneration and economic disaster, society begins to make collective provision for needs which no ordinary individual, even if he works overtime all his life, can provide himself.

It's an irony that growing inequality could mean more money for philanthropy. In the U.S., quite a few of the ultra-rich have taken to heart the 19th century industrialist and philanthropist Andrew Carnegie's comment that it's a disgrace to die wealthy.

I think if we're going to be serious as a city, as a country, about addressing climate change, addressing inequality and racial disparities, we have to start taking action at the scale that matches the urgency of the problems.

Racial inequality has gotten worse in the last years because any time you have a moribund economy, the people who historically have had more problems getting jobs have suffered. And that, I think, is triggering a lot of the animosity.

The rationale that etiquette should be eschewed because it fosters inequality does not ring true in a society that openly admits to a feverish interest in the comparative status-conveying qualities of sneakers. Manners are available to all, for free.

I am not an economic determinist. If I were, I would throw up my hands; I just would not bother. I think it's wrong to be an economic determinist. I think it's wrong to simply say, "Well, inevitably, if you're poor, you're going to get a lousy education; if you're lower-middle class, the cards are going to be stacked against you, and you'll probably never get anywhere".

Being attentive to inequality and not tone deaf to it. But offering prescriptions that are actually going to help folks in communities that feel forgotten. That's going to be our most important strategy. And I think we can successfully do that.

The antidote to inequality is equality. The question is how do you achieve equality? I believe that, for business, which is where I can speak, we have to shift from shareholder maximization to stakeholder maximization.

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.

As a parent, you want to protect your children, but the fact of racism in this country, of inequality, that is still a lesson my children are going to have to learn. I can't protect my kids from that.

I am obsessed with architecture. It is true, I am restless, trying to find myself as an architect, and how best to contribute in this world filled with contradiction, disparity, and inequality, even passion and opportunity.

Inequality is going to be a big issue, but competence is going to be the biggest issue. [People] want to see somebody that's super-competent and that's me.

A certain inequality in regard to property still exists in a socialist society. But in a socialist society there is no unemployment, no exploitation, no oppression of nationalities.

Inequality saps the will to conceive of ambitious solutions to large collective problems, because those problems no longer seem very collective.

Rather than engineering our economies solely to maximise GDP, Africa's business and political leaders must build economies explicitly designed to end poverty and inequality.

I have been very careful to put forward new ideas - on tackling inequality, extending democratic reform and the green agenda, because I think these are all absolutely fundamental to a successful next period of office for Labour

Individual nations have offered their own contributions to income inequality - financial deregulation and upper-bracket tax cuts in the United States; insider privatization in Russia; rent-seeking in regulated industries in India and Mexico.

In a democracy the responsibility for the Government's economic policies, which so affect the economy, normally rests with the elected representative of the people: in our case, with the President and the Congress. If these two follow economic policies inimical to the general welfare, they are accountable to the people for their actions on election day. With Federal Reserve independence, however, a body of men exist who control one of the most powerful levers moving the economy and who are responsible to no one.

If you're perpetuating discrimination, you're perpetuating inequality.