Graded Inequality~I
Our inequality materializes our upper class, vulgarizes our middle class, and brutalizes our lower class. ~ Mathew Arnold. The term…
Our inequality materializes our upper class, vulgarizes our middle class, and brutalizes our lower class. ~ Mathew Arnold. The term…
While 62 per cent of California residents said their finances today were the same as a year ago, those with lower income were more likely than others to say they were worse off financially than a year ago, who expressed dissatisfaction with their finances and said it would be difficult to pay for a $1,000 emergency expense, PPIC reported.
Economic inequality is the most visible and painful aspect of inequality, which can be reduced only by instituting a suitable macroeconomic policy environment. Appropriate fiscal and monetary policies can have a direct impact on income distribution and can also mobilize resources for progressive social policies.
There exists a highly unequal distribution of incomes and assets within countries and between countries. While billions of people enjoy…
