How Not to Measure Inequality
There are two primary methods for measuring inequality – relative and absolute. In the discipline of economics, the former has become dominant by far.
There are two primary methods for measuring inequality – relative and absolute. In the discipline of economics, the former has become dominant by far.
Chuck Collins joins Asher, Rob, and Jason in Crazy Town to describe his startling journey from undercover trust fund kid to tireless campaigner for economic equality. Together they examine why Richie Rich, Donald Trump, Scrooge McDuck, and Jeff Bezos keep getting richer.
To truly step up to the plate and play their part in a resurgent, ecologically-minded global justice movement, groups in the North will have to put meat on the bones of the system change slogan by articulating clear alternatives.
Polls show that an overwhelming majority of Americans support stricter laws to prevent wealth from hijacking politics and want the Citizens United ruling overturned. But then just how much does the voice of the majority matter? Judging from the many failed efforts to pass such laws, not much.
If ever there was a pathway to disease, failure to protect the population from saturation advertising of massively adulterated food is one. Even though this abuse testifies to concentrated wealth and power, the authors fail to give such abuse of food functions the recognition it deserves.
But what is the human story behind these injustices? How can we raise consciousness and create change? In other words, how does one communicate this information in a meaningful and impactful way?
These geopolitical power imbalances sustain and reproduce a global class divide that has worsened since the end of colonialism. This injustice is conveniently elided by the one-hump graph, which offers a misleadingly rosy narrative about what has happened over the past half century.
The Green New Deal resolution outlines a vision of what we need to do to address the dual crises of climate change and runaway inequality. What policies and programs could help us realize that vision?
All of this makes it clear who the real beneficiaries of globalization have been. And suddenly it seems a bit absurd to be touting as “progress” the pennies that have trickled down to the poorest when the overwhelming majority of new income since 1980 has been captured at the top.
Last week Vox published an article on the global poverty debate. The piece – by journalist Dylan Matthews – raises a few issues that I think are worth addressing. I set out nine brief points here, responding to specific quotes from the article.
We don’t need to be afraid of this critique just because it threatens a long-familiar story. What we need is to tell better, more accurate stories. That’s how science progresses.
We can end poverty right now simply by making the rules of our global economy fairer for the world’s majority (I describe how we can do this in The Divide, looking at everything from wages to debt to trade). But that is an approach that you and Gates seem desperate to avoid, in favour of a blustering defense of the status quo.