Income Inequality: Difference between revisions
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[https://www.dissentmagazine.org/article/full-employment-and-the-path-to-shared-prosperity/ by Dean Baker and Jared Bernstein 2014 DISSENT] | [https://www.dissentmagazine.org/article/full-employment-and-the-path-to-shared-prosperity/ by Dean Baker and Jared Bernstein 2014 DISSENT] | ||
There are many policies that can reduce inequality, but there is none as straightforward conceptually and as difficult politically as full employment. The basic point is simple: at low rates of unemployment, the demand for labor allows workers at the middle and bottom of the wage distribution to achieve gains in hourly wages, annual hours of work, and thus income. | There are many policies that can reduce inequality, but there is none as straightforward conceptually and as difficult politically as full employment. The basic point is simple: at low rates of unemployment, the demand for labor allows workers at the middle and bottom of the wage distribution to achieve gains in hourly wages, annual hours of work, and thus income. | ||
=====Poverty Doesn’t Make You Racist===== | |||
[https://www.dissentmagazine.org/online_articles/poverty-doesnt-make-you-racist/ by Nathan Newman 26/6/19 DISSENT] | |||
Reaching the second group while maintaining a commitment to racial equality will be hard in the short term. But in contrast to the media stereotype of the Trump base—downwardly mobile, poor, and/or working-class people seduced by racist appeals—it turns out that white voters who support anti-racist policies generally have less income than their more racist peers, as data released recently from the General Social Survey makes clear. | |||
