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Income Disparity Quotes

Browse 8 quotes about Income Disparity.

Income Disparity Quotes

“Funny, isn’t it? We middle-class people secretly want that the poor should remain poor, as poverty is a necessary condition for an easy supply of servants. Yet out in the open, we pretend that the penury of the masses concerns us deeply. We hide who we are and wear masks. All of us.”

“The most obvious manifestation of the affordable housing crisis is in rising rents. Between 1900 and 2013, rents rose faster than inflation in virtually every region of the country and in cities, suburbs, and rural areas alike. But there is another important factor at work here that is an even bigger part of the story than the hikes in rent: a fall in the earnings of renters. Between 2000 and 2012 alone, rents rose by 6 percent. During that same period, the real income of the middling renter in the United States fell 13 percent. What was once a fissure has become a wide chasm that often can't be bridged.”

“rising income inequality. not for nothing did Thomas Piketty’s ‘Capital in the Twenty-First Century’ become a New York Times bestseller. Piketty made the strong claim that the rate of return on capital was, in the absence of wars and revolutions, always likely to be higher than the rate of economic growth. the implication was simply that the already well-off, basically those with no shortage of capital, would steadily get richer”

“The great hatred of capitalism in the hearts of the oppressed, ancient and modern, I think, stems not merely from the ensuing vast inequality in wealth, and the often unfair and arbitrary nature of who profits and who suffers, but from the silent acknowledgement that under a free market economy the many victims of the greed of the few are still better off than those under the utopian socialism of the well-intended. It is a hard thing for the poor to acknowledge benefits from their rich moral inferiors who never so intended it. (p.272)”

“The older I get the more scared I am about my financial situation, unfortunately, I can’t afford to retire right now as I’m worried about my income. I feel bad about my current job, work, and business as it doesn’t do what it was intended and I wish I made different decisions that would lead me somewhere else not where I am now. Frankly speaking my past is characterized by lots of financial ignorance that I am ashamed of, I never had a financial coach or mentor to help me get out of this situation and I feel like it's too late to change my direction. —The Apathy of Financial Ignorance”