economic disparity

Shane Claiborne 5-01-2017

Image via A McLin/flickr.com

We are living in a time of unprecedented economic disparity between the rich and the poor, the haves and the have-nots. Masses live in poverty so that a handful of people can live as they wish. The world’s three richest people own more than the combined economies of 48 countries. The average CEO in the US is making 400 times the average worker.

Tom Ehrich 12-05-2012
Photo: Lottery ticket, © Sean Gladwell / Shutterstock.com

Photo: Lottery ticket, © Sean Gladwell / Shutterstock.com

I played the New York lottery for the first time last week.

My $2 ticket didn't win the $588 million payout – surprise, surprise – but it did buy me several minutes of musing, most of it instructive, some of it enjoyable.

I quickly ran out of spending ideas – slightly larger apartment, new computer, clothes for my wife, a car to replace the two we sold when moving to Manhattan. I realized I couldn't even spend the income on a lottery bonanza, unless I started buying things I don't need or particularly want.

...

In the end, I liked the idea of financial security, but saw little to be gained from sudden wealth. In fact, given the misery that tends to befall lottery winners, I might have dodged a bullet by not winning.

After this brief fantasy, I wondered more than ever why the wealthy work so hard to avoid taxes and other obligations of citizenship. Even though their effective taxes are lower than they were during the Reagan years and far lower than during the great prosperity of the post-World War II era, the wealthy are lobbying fiercely to pay even less in taxes. Once again, they seem willing to crash the government for everyone, rather than pay their share of its support.

the Web Editors 1-25-2012

Richard Wilkinson on TED.com: How economic inequality harms societies

We feel instinctively that societies with huge income gaps are somehow going wrong. Richard Wilkinson charts the hard data on economic inequality, and shows what gets worse when rich and poor are too far apart: real effects on health, lifespan, even such basic values as trust.

Watch Wilkinson's TED talk inside the blog...

[Editor's Note: In anticipation of the anniversary of the March on Washington on August 28, 1963, God's Politics will feature a series of posts on the legacy of Dr. Martin Luther King.

Once again, Glenn Beck has waded into theological waters beyond his depth.
Julie Clawson 6-28-2010
When South Africa was selected to host the World Cup, there was much rejoicing and reflection on how far the country had come.

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