Inequality
in sentence
2932 examples of Inequality in a sentence
And now some analysts suggest that new forms of computer programming will compound these developments, as algorithms, robots, and self-driving cars destroy middle-class jobs and worsen
inequality.
France is currently gripped by the massive success of economist Thomas Piketty’s book Capital in the Twenty-First Century, which analyzes how
inequality
rises in the absence of exceptional levels of economic growth.
The book’s message – a call to address rising
inequality
and a plea for stronger economic growth – has strong policy implications.
Fortunately for them, there is a compelling way to combine the fundamentally French concern about the dangers of
inequality
with the fundamentally German concern about excessive public debt.
From 2006 to 2013,
inequality
rose in many of the continent’s most important economies, including South Africa, Nigeria, Ghana, Tanzania, and Rwanda.
China’s income distribution has become highly skewed: at 0.438, the Gini coefficient, which measures income inequality, puts the country closer to the United States than to northern Europe’s egalitarian societies (with the exception of the United Kingdom).
Rising stock and housing markets may fuel inequality, but they also drive increased consumer spending.
Inequality
Disaster PreventionNEW HAVEN – Thomas Piketty’s impressive and much-discussed book Capital in the Twenty-First Century has brought considerable attention to the problem of rising economic
inequality.
And, because
inequality
tends to change slowly, any disaster probably lies decades in the future.
That disaster – a return to levels of
inequality
not seen since the late nineteenth to early twentieth century – is amply described in Piketty’s book.
Mine openly advocates innovative scientific finance and insurance, both private and public, to reduce inequality, by quantitatively managing all of the risks that contribute to it.
And I am more optimistic about my plan to prevent disastrous
inequality
than Piketty is about his.
Inequality
insurance would require governments to establish very long-term plans to make income-tax rates automatically higher for high-income people in the future if
inequality
worsens significantly, with no change in taxes otherwise.
I called it
inequality
insurance because, like any insurance policy, it addresses risks beforehand.
Just as one must buy fire insurance before, not after, one’s house burns down, we have to deal with the risk of
inequality
before it becomes much worse and creates a powerful new class of entitled rich people who use their power to consolidate their gains.
Underlying such plans is the assumption that some substantial degree of
inequality
is economically healthy.
But massive
inequality
is intolerable.
And, if there are to be wealth taxes, instituting them now to take effect only in the future – and only if
inequality
becomes much worse – would preempt the perception that the rules had been changed after the game had ended.
Moreover, a long-term plan legislated by one or a few countries today, before any substantial impact on actual tax payments occurs, could help to promote an international dialogue about appropriate future policy toward
inequality.
Piketty’s book makes an invaluable contribution to our understanding of the dynamics of contemporary
inequality.
The Great Income StagnationBERKELEY – Nowadays, the
inequality
debate often focuses on the disproportionate accumulation of income and wealth by a very small share of households in the United States and other advanced economies.
Recent debate about income
inequality
in the US and other developed countries has focused on the rapid surge in incomes for the few.
Studies have also shown a positive link between innovation and social mobility, and even between innovation and income
inequality.
Meanwhile, crony capitalism fuels income inequality, impedes rural development, and erodes the education system.
Over the last 12 years, her Worker’s Party (PT) has delivered the country’s strongest per capita GDP growth in more than three decades; reduced income
inequality
with an extensive system of social transfers that reaches one-third of Brazilian households; and reduced formal unemployment to a record-low 4.5%.
Despite higher incomes and lower inequality, 70% of Brazilians have expressed a desire for change.
And, by avoiding narrow debates, such as GDP versus income inequality, the SPI provides an essential tool with which to craft a feasible agenda that does just that.
Few on the left or the right nowadays would actively advocate
inequality
for all.
The result was a massive reduction in global inequality, as capital flowed to places where wage levels were a tiny fraction of those in Western democracies.
The Invention of InequalityLONDON – Everyone seems to be talking about – and condemning – today’s rising level of economic
inequality.
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