“The U.S. and, to a certain extent, countries in Europe as well, have experienced growing inequality within their population for decades - a small group of people own the lion's share of the wealth. Populists take advantage of this, and their policies are extremely hard to predict. And this has serious consequences. Companies shy away from risk, postponing their investment decisions in times of uncertainty, the stock markets get nervous and unemployment threatens to increase.” PeopleWellsCountryHardCertainWealthDecisionCompanyGrowingRiskGroupsSharePolicySeriousConsequenceEuropeAdvantageIncreaseInvestmentPopulationDecadesNervousInequalityUncertaintyShyLionsUnemploymentSmall GroupsPopulistPostponing Author:Nicholas Bloom
“I look forward to a great future for America - a future in which our country will match its military strength with our moral restraint, its wealth with our wisdom, its power with our purpose.” LooksCountryAmericaPurposeWealthMoralMilitaryStrengthMoralityFutureOur CountryPatrioticRestraintGreat FutureFuture Of AmericaLooking Forward To The Future Book:Public Papers of the Presidents of the United States: John F. Kennedy, 1963 Source: Public Papers of the Presidents of the United States: John F. Kennedy, 1963
“It's the reason why so many people left Britain like I did in the mid 60s because Britain was exactly the same then as America is today, getting ready to redistribute social wealth and it didn't work. You've seen that in places like Greece, Portugal, Iceland, Ireland where the entire country's business has collapsed, gone bankrupt. That's where America is heading.” PeopleCountryReasonTodayAmericaLeftSocialWealthGoneReadyReason WhyBritainIrelandGreeceHeadingsPortugalIceland Author:Robin Leach
“[Steven] Lerner said that unions and community organizations are, for all intents and purposes, dead. The only way to achieve their goals, therefore - the redistribution of wealth and the return of '$17 trillion' stolen from the middle class by Wall Street - is to 'destabilize the country.” WaySaidCountryPurposeGoalCommunityWealthClassStreetsMiddleAchieveWallReturnOrganizationUnionsMiddle ClassStolenRedistribution Of Wealth Author:Rush Limbaugh
“We often confuse or loosely use the ideas of crony capitalism or neoliberalism to actually avoid using the word "capitalism", but once you've actually seen, let's say, what's happening in India and the United States - that this model of US economics packaged in a carton that says "democracy" is being forced on countries all over the world, militarily if necessary, has in the United States itself resulted in 400 of the richest people owning wealth equivalent [to that] of half of the population.” PeopleIfsWorldIdeasCountryStatesUseWealthUnitedHalfUnited StatesDemocracyModelsHappeningsCapitalismEconomicsIndiaPopulationNeoliberalismCroniesCrony Capitalism Author:Arundhati Roy
“We are blessed to grow up in a country that is the world's leader. We are blessed to be some of the most well-educated Black persons anywhere to be found in the world. This education and talent can be used in a friendly relationship with Africa, the Middle East, the Caribbean and Asia to develop the wealth and resources of these nations. The friendship of us with our kith and kin around the world would cause both sides to benefit exponentially, based upon how well we develop these relationships.” WorldWellsPersonsCountryUsedFoundNationsGrowsCausesSidesBlackWealthLeaderGrowing UpMiddleTalentBenefitsResourcesBlessedEastEducatedAround The WorldFriendlyMiddle EastAsiaBoth SidesCaribbeanWell EducatedBlack Person Author:Louis Farrakhan
“What democratic socialism is about is saying that it is immoral and wrong that the top one-tenth of 1 percent in this country own almost 90 percent - almost - own almost as much wealth as the bottom 90 percent. That it is wrong, today, in a rigged economy, that 57 percent of all new income is going to the top 1 percent. That when you look around the world, you see every other major country providing health care to all people as a right, except the United States.” PeopleWorldLooksCountryStatesCareTodayWealthUnitedUnited StatesEconomyMajorsPercentDemocraticBottomIncomeSocialismAround The WorldHealth CareProvidingImmoralRiggedDemocratic Socialism Author:Bernie Sanders
“We live in a country where a small number of people have incredible wealth and power. America has more income and wealth inequality than any other major country.” PeopleCountryAmericaWealthNumbersMajorsIncrediblesIncomeInequalitySmall NumbersWealth Inequality Author:Bernie Sanders
“The burning issue of our time is the growing inequality in income and wealth in our country, and it's got to be addressed. We've got to stop it. It's eroding our politics. It's separating our society into the haves and the have-nots. It's condemning a whole younger set of our population to not be able to enter the middle class. And, it hits hardest in the prairie areas of the United States, our small towns and communities, where the jobs just aren't available and the incomes are low.” CountryCommunityWealthInequalityMiddle ClassSmall Town Author:Tom Harkin
“Things are getting worse. You know, when you look at this campaign, and you realize the enormously serious issues this country faces, right, we got a collapsing middle class. We have more wealth and income inequality today than we've had since the 1920s. We have all of these enormous issues.” CountryTodayRealizingWealthSeriousInequalityMiddle Class Author:Bernie Sanders
“President Trump repeatedly says that "America is the highest-taxed country in the world." This is an alternative fact. We pay less in taxes, and our government spends less, as a share of our total wealth, than our counterparts in Western Europe and East Asia. But Trump is right when it comes to corporate tax rates; the U.S. corporate income tax right is among the highest in the world.” WorldCountryPresidentWealthShareTaxesWesternRateIncome Tax Author:T.R. Reid
“The one-child policy was based on some faulty science and had, as an ambition, reining in Chinese population growth, so as to enhance the per capita wealth of the country.” CountryGrowthWealthPolicyAmbitionChinese Author:Howard W. French
“The people who have wealth and the people who earn money are going to be a little reluctant to part with it, particularly if they earned it fair and square. So, what has to happen is that there has to be a drumming in of a critique that causes shame, a sense of look, my country and even I am in possession of stolen goods you might say and therefore, the government becomes the instrument to get some of those back.” PeopleCountryWealthShamePossessionCritique Author:Dinesh D'Souza
“I figured, I am a product of the opportunity the country provided, and I understand the challenges of the middle class and the lower class, and I clearly understand the dynamics at the highest levels of wealth within the country and across this global world. It became clear to me that I could represent the people of Texas - I could represent those people, that segment of society that I came from.” PeopleWorldCountryOpportunityChallengesWealthMiddle Class Author:Ricardo Sanchez
“The powershift began already several years ago, under the Bush administration, when the dollar became very volatile and started declining. That is when China shifted from having almost 100 percent of its reserves in dollars to 75 percent. Some countries went completely out of the dollar. The dollar, for all intents and purposes, lost its special reserve status and people starting talking about a portfolio, or basket, approach as a store of wealth instead of the dollar.” PeopleCountryPurposeWealthSpecial Author:Joseph Stiglitz
“Countries were told they had no incentives because of social ownership. The solution was privatization and profit, profit, profit. Privatization would replace inefficient state ownership, and the profit system plus the huge defense cutbacks would let them take existing resources and an increase in consumption. Worries about distribution and competition or even concerns about democratic processes being undermined by excessive concentration of wealth could be addressed later.” CountryWealthWorrySolutionsConcernCompetitionDemocraticConcentrationOwnership Author:Joseph Stiglitz
“The British use a system where the profits a corporation reports to shareholders is what they pay taxes on. Whereas in America we require corporations to keep two sets of books, one for shareholders and one for the IRS, and the IRS records are secret. For publicly-traded companies, the British system would tend to align the interests of the government with the interests of the company because the company wants to report the biggest possible profit. Though, all wealthy countries have high taxes as wealth requires lots of common goods, from clean water to public education to a justice system.” BookCountryInterestWaterWealthJusticeCommonSecretTaxesWealthyCommon GoodJustice SystemPublic EducationClean Water Author:David Cay Johnston
“The Occupy Wall Street protests at last suggest that America's wealth gap is once again becoming an organizing political principle in the country.” CountryLastsAmericaPoliticalWealthPrinciplesStreetsWallBecomingProsperityProtestGapsOccupy Wall Street Author:Jon Meacham
“Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash.” GivingBelieveLongCountryAmericaWealthCuttingLike YouGiving UpShotsContraryBrokeSettlingCashWagesGrandparentPensionGreat GrandparentsLong Shots Author:Michael Moore