Yates writes: I shudder to think what my great grandchildren will see if they make the voyage of national discovery we have. Having made a systematic presentation that social and economic destitutions are brought about by higher rates of unemployment and dwindling opportunities in the United States, virtually everyone understands that poverty is a true problem beleaguering America in the 21 st century. There is the authors maintain a lot we can do. Actually, the top one-thousandth of the 1 Percent reigns supreme. Money rules politics, and only groups with significant amounts to pledge to campaigns or lobbyists can influence public policy. According to the book, the focus should be on creating environmentally friendly and cost effective living spaces; use the unskilled poor to work at building green low-density multifamily structures and other community based infrastructure projects.
History of vilifying the poor from Chicago welfare queens to today's conservative think tanks throwing out fun talking points like 'if they're really so poor then why do some have cell phones? The below pie chart illustrates the quintile distribution scale and notice the colors. The title, Tavis, The Rich and the Rest of Us. The book is short on reports of grass root efforts to address poverty--the kinds of things that might give us hope that we can do something while awaiting and hoping for real governmental reform of priorities. One obvious difference in the incentives the rich and poor face is that the latter have a higher need for money. Second, those with personal power will inevitably also have social power, and this will allow them to make the rules that all must obey, and these will benefit the powerful. The Great Inequality, the latest book by radical author and economics professor Michael Yates, offers an accessible and timely response to these questions. And I think there are lots of very poor Americans who are struggling who would say that sounds odd.
Looking more closely we saw a striking pattern: The poor were most likely to return the noncash envelopes in the week they got paid their salaries or unemployment benefits people in the Netherlands tend to get paid toward the end of the month. And that's a bold statement, coming from a true cynic. Where did they come from? But it is hard to believe that this surge of cash from the richest will have no impact at all. Currently, the world's richest 62 people possess as much wealth as the bottom one-half of humanity. The recession temporarily upended this trend. I do appreciate that West and Smiley remain apolitical in their argument, in that they blame both democrats and republicans for this problems at hand. They are trying to give a voice to those less fortunate.
The top 20% are getting half of the income pie. I know he has written numerous best-selling books, but I was never sure which one I should start with. The great recession has affected a large number of people who have been forced into poverty and also deepening the poverty that already exists. Material on this Web site is licensed by SocialistWorker. So we know the role that healthcare plays in this process. The blue-collar blues is no more bitterly sung than the white-collar moan. With all due respect to what remains of the Occupy Movement, allow me an anecdote to demonstrate its dissolution.
Most Americans below the median income level pay no federal income tax and, thanks to the Earned Income Tax Credit, the working poor get substantial rebates. It's fool-proof, in that fools are plentiful. Marriage has become a fault-line dividing American classes. Between 1979 and 2007 just before the financial crisis the real disposable income after taxes and transfers of the top 1% of Americans more than quadrupled, a cumulative rise of over 300%. The bottom 5th are only getting 3. Without hyperbole, it declares our nation to be in a state of emergency.
Award-winning broadcaster Tavis Smiley and Dr. In this inspirational audio, Louise Hay brings you 101 power thoughts and explains how each can make your life more productive and positive. Private-equity moguls have done particularly well, since the tax code allows them to classify their income as capital gains. Yates is not making arguments that will be unfamiliar to readers of SocialistWorker. However, a better editor would have come in handy. I found it to be completely relevant, factual, and it added a historical lends what can I say? In between, he recalls the Ford and Carter administrations and the Iranian hostage crisis, the rise of Ronald Reagan and the resurgence of American conservatism, Bush 1 and Iraq 1, and President Clinton's economic triumphs and missed opportunities.
The book does a good job in outlining how various segments of society engaged in the vilification of the poor, going back 200 plus years. The rich are getting richer while the poor are getting poorer. He is defending a basic Marxist analysis of class society--indeed, he continually returns to Marx's depiction of capitalism as creating poles of wealth and misery. And it is not a racial issue. Particularly compelling are Yates' depictions of work under capitalism. Also the spelling and grammatical errors were distracting. We cannot liberate ourselves while maintaining a wage system and the selling of goods and services for profit.
I don't know what in the Middle East, facing grueling conditions, lack of basic military supplies , and a mound of psychological trauma. Tragically, the Great Recession has created a large group of folks who have descended into poverty, as well as deepening the poverty already being experienced by many black, Hispanic, and Native Americans. We want to raise awareness about poverty and discuss how best to end it-in our lifetime. And some numbers and graphs to puzzle the ones who are not content only with the emotion. I got to see Cornel West speak back in 2008, and even though I did not see eye to eye with him on a few issues, I could not deny his energy, passion, and charisma. This book is highly recommended for all those to want to face problems by smart public policy, which would end up getting work for people and also providing the structure and services needed.