From VoxEU: Study of capital accumulation, private property and #inequality in #China over the term 1978 - 2015 http://voxeu.org/article/capital-accumulation-private-property-and-inequality-china-1978-2015 Income share of bottom 50% trending sharply down
We can speak about #inequality, writing an emotional toot how bad it is and that it really needs to change...
...and we also can think of how to overcome it.
Within mastodon people from around the world in all sorts of different economic situations are here
We are the once able to overcome inequality If we act in #solidarity.
Intriguing experiment reveals a fundamental conflict in human culture #inequality #RankReversalAversion https://arstechnica.com/science/2017/07/intriguing-experiment-reveals-a-fundamental-conflict-in-human-culture/
Economist Robert Solow on improving the measurement and understanding of economic #inequality in the US http://equitablegrowth.org/research-analysis/improving-the-measurement-and-understanding-of-economic-inequality-in-the-united-states/ (contains a fair amount of accounting nerdery)
#Brooking Inst research on the state of US #Workingclass; decline of stable 2 parent households (principally among White blue-collar families) https://www.brookings.edu/opinions/the-unhappiness-of-the-us-working-class/ falling labor force participation, #inequality, collapse of the "American Dream"
Report on #labor organizing, collective bargaining in #OECD countries http://voxeu.org/article/trade-unions-employer-organisations-and-collective-bargaining-oecd-countries uptick in worker organizing prompted by #inequality
"we are embedding our biases, and calling them objective, but we are actually obscuring them from view"
"Machine learning doesn't create fairness
It propagates past practices
It automates the status quo"
'Weapons of Math Destruction' by Cathy O’Neil
#Grenfell has to be the point where we recognise collectively the criminally destructive effects of Britain’s class inequality.
When inequality is permitted to flourish, its effects bear down all the more on those at or near the bottom. The experience of material poverty is compounded by the assumption that you caused your own poverty through being stupid.
Economic #Inequality: It’s Far Worse Than You Think #economy https://www.scientificamerican.com/article/economic-inequality-it-s-far-worse-than-you-think/
Dean Baker (@deanbaker13 on Twitter) argues current Intellectual Property law increases #inequality, and empowers a rentier class at
the expense of everyone else https://www.jacobinmag.com/2017/05/intellectual-property-prescription-drugs-trans-pacific-partnership