Income Inequality: Difference between revisions
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[https://www.commondreams.org/opinion/close-gender-pay-gap by lise Gould 12/3/24 Common Dreams] | [https://www.commondreams.org/opinion/close-gender-pay-gap by lise Gould 12/3/24 Common Dreams] | ||
March 12 is Equal Pay Day, a reminder that there is still a significant pay gap between men and women in our country. The date represents how far into 2024 women would have to work on top of the hours they worked in 2023 simply to match what men were paid in 2023. Women were paid 21.8% less on average than men in 2023, after controlling for race and ethnicity, education, age, and geographic division. | March 12 is Equal Pay Day, a reminder that there is still a significant pay gap between men and women in our country. The date represents how far into 2024 women would have to work on top of the hours they worked in 2023 simply to match what men were paid in 2023. Women were paid 21.8% less on average than men in 2023, after controlling for race and ethnicity, education, age, and geographic division. | ||
=====Column: When corporations were a source of greater equality===== | |||
[https://www.pbs.org/newshour/economy/corporations-greater-equality by Gerald Davis 16/9/16 PBS NEWS] | |||
The postwar era of corporate dominance corresponded to a period of remarkable economic growth, social mobility and relative income equality in the United States. GDP, productivity and household income grew at a remarkable rate during this period, which is now widely regarded as a golden era for the American economy. It was not just in the U.S.: the period from 1945 to 1975 is called the “glorious thirty” (“les trente glorieuses”) in France, and both Western Europe and East Asia saw similar periods of growing prosperity. But in the U.S. this era is distinctively associated with the corporate economy. | |||