When only the rich get rich Fortuna commits? – GazetaPrawna.pl
by Andrzej Krajewski 12.07.2014, 10:30
People who seek only to increase the already great wealth, are usually making slaves of passion acquired in his youth. Source: ShutterStock
If the state allows to almost all the wealth of getting into the hands of a small group of people, it happens that they are the first to recognize that in the long run such an interest anyone does not pay.
recently unveiled the US central bank report only confirmed what everyone watching: only the rich get richer. While in 1989. 5 percent. richest Americans concentrated in his hands 54 percent. US wealth, now it is 63 percent. “I think it is appropriate to ask whether this trend is consistent with the values rooted in the history of our nation, the most important for Americans is the traditional equal opportunities” – asked at a press conference on October 17 Fed chief Janet Yellen.
What they were a few years ago warned billionaires Warren Buffett and Bill Gates, is becoming a reality. A small group of rich people become unimaginably wealthy and the rest of society progressively poorer. Published two weeks later, the OECD report confirmed that this process accelerates across the globe. Using the statistics produced by the Italian Corrada Gini calculation system, it was shown that in terms of social stratification humanity went back to the state of the nineteenth century. And it’s not the end of that century. Over the last hundred years, with the exception of the Great Depression, the Gini coefficient decreased. While at the beginning of the collection of statistics in developed countries was 45 (the higher, the disparities are larger), then in the late 70s has fallen to a value of 36. The development of welfare states favored a fairer redistribution of income. In contrast, top earners pay the most taxes. Since the mid-80s the trend was reversed and social stratification began to intensify. As a result, the income of all social strata, except the richest, decrease. The OECD report – comparing the GDP growth of wages of workers – that their income is proportionally lower than in the mid-nineteenth century. “In these circumstances, the public is faced with the difficult question of how to most fairly and equitably to promote equal opportunities” – emphasized Yellen.
Quite delicately described the burning issue. Too much disparity in income always destabilizes society. And if this early is not prevented, is finally starting to smell in the air revolution.
Terror deflation
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