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Growing inequality is a phenomenon faced by millions worldwide and the expanding gap between rich and poor has ostracized the poor from the benefits of growth and its middle class is shrinking. Irregular wealth and income distribution corrupts the society, hindering economic growth; affecting human and labor rights. Please give this a read and share your thoughts in the comments!
Happy to share my latest article published as commentary in EPW! It examines how income inequality within the Maratha community may be driving their protest. The uneven growth contributing to this inequality highlights the need for balanced economic growth. Read the full analysis here: https://lnkd.in/gtnAA_gC #EPW #MarathaReservation #IncomeInequality #EconomicGrowth"
My latest blog on the hidden costs of economic inequality! Have a read. #EconomicInequality #PovertyPremium #SocialJustice Emma Marks https://lnkd.in/d9t4A5hM
The discussion on economic inequality was eyeopening. The wealth gap continues to widen, and it's critical to support policies that promote fair distribution of resources. #EconomicJustice #WealthGap #PolicyChange
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Race for Survival: The Wage of Struggle. Despite hard work, many Americans still face poverty, while job competition grows fiercer. Low wages and limited opportunities are keeping families in financial distress. It's time to address the systemic issues driving income inequality and ensure that everyone has a fair chance at a stable livelihood. Hard work should lead to financial security, not struggle
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The state of wealth and income inequality is the worst in 100 years. The top 1% of the country receives nearly 23% of the annual national income and holds a staggering 40% of the wealth.
Economic growth will bring prosperity to all. This is the mantra that guides the decision-making of the vast majority of politicians, economists and even human rights bodies. Yet the reality – as detailed in a report to the United Nations Human Rights Council this month – shows that while poverty eradication has historically been promised through the “trickling down” or “redistribution” of wealth, economic growth largely “gushes up” to a privileged few. In the past four years alone the world’s five richest men have more than doubled their fortunes, while nearly 5 billion people have been made poorer. If current trends continue, 575 million people will still be trapped in extreme poverty in 2030 – the deadline set by the world’s governments to eradicate it. Currently, more than 4 billion people have no access whatsoever to social protection.
This is our 2nd of a series of captivating insights from our recent Ipsos Equalities Index 2024. Our study shows that Latin American countries are most concerned about inequality. What steps should we take to address this? Stay tuned for more. #Ipsos #Inequality #EqualitiesIndex #GlobalIssues
Tip 6: Combat Wealth Inequality Creating a will builds generational wealth and helps break the cycle of economic disparity in minority communities. #WealthInequality #GenerationalWealth #MinorityFamilies
I Help Top 2% Performers Maximize Your “Game” In 3 Key Areas: *🚀 Performance 🔂 Consistency 🏆 Results* The Tools Of Pro Athletes Applied to Business & Life. Author: “Work On Your Game” & “The Third Day”
Why the Rich Get Richer and the Poor Stay Poor?💰#WorkOnYourGame In this thought-provoking video, we explore the dynamics of wealth and how it perpetuates inequality in society. Discover the reasons why the gap between the rich and the poor continues to widen and how it affects our lives. #WealthInequality #IncomeGap #SocialJustice #EconomicDisparity #RichVsPoor #WealthDistribution #SocioeconomicInequality #FinancialEquality #ClassDivide #IncomeInequality
A very interesting article by Kenneth Rogoff! Despite my desagreement now and then, it has a very good point about the importance of cross-country inequality and the level of poverty in developing coutries, as well as the role developed countries might have in supporting sustainable development, especially in developing economies.