Quotes About Inequality

I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization.

When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker.

If you consider that a typical Central American consumer earns only a small fraction of an average American worker's wages, it becomes clear that CAFTA's true goal is not to the increase U.S. exports.

A market where chief executive officers make 262 times that of the average worker and 821 times that of the minimum-wage worker is not a market that is working well. And it is surely not working well enough to build a solid middle class.

I came from a family where joining a union was the expected thing to do. I've always believed that the relationship between an employer and an individual worker is fundamentally unequal.

There is no earthly reason why Walmart and McDonald's and Walgreens and these other giant, profitable institutions should have one worker in need of public assistance. It's ridiculous.

My perspective of capitalism growing up in Berkeley, Calif. in a low-income project, growing up poor, is that capitalism wanted to destroy me, they wanted me to become a worker.

As a low-income worker, my take-home pay, at best, was about $200 a week.

The rich man's dog gets more in the way of vaccination, medicine and medical care than do the workers upon whom the rich man's wealth is built.

When the Industrial Revolution of the nineteenth century brought a rapid increase in wealth, the demand of workers for a fair share of the wealth they were creating was conceded only after riots and strikes.

It is fatal for any body of workers to have forever hanging from the fringes of its skirts other bodies on a level just below its own; for that means continual pressure downward, additional difficulty to be overcome in the struggle to maintain reasonable rates of wages.

The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.

Racism, in the first place, is a weapon used by the wealthy to increase the profits they bring in by paying Black workers less for their work.

When only a minority consisting of capitalists can enjoy the good life, while the majority of workers must endure hardship, they will naturally not be able to live together in peace and harmony.

One of the great dilemmas for America will be that American companies will do very well while American workers might not.

Many of the technologies that are now racing ahead most rapidly, replacing human workers in factories and offices with machines, making stockholders richer and workers poorer, are indeed tending to accentuate the existing inequalities in the distribution of wealth.

One line I'd draw would be on raising the eligibility age for Social Security and Medicare. It sounds fair, since people are living longer. But it isn't. Lower income workers are the ones who find it hardest to keep working after 65. And they'll get penalized with lower benefits.

CEOs of large corporations earn 400 times what their workers make. That is not what America is supposed to be about.

Workers in decent jobs view the economy as unjust if they or their children have virtually no chance of climbing to a higher rung in the socioeconomic ladder.

The capitalists speculate on the two following factors: the female worker must be paid as poorly as possible and the competition of female labour must be employed to lower the wages of male workers as much as possible.

It is harder to explain why free markets create wealth than it is to pander to workers who have been displaced by global competition.

The inequality between CEO compensation and the compensation received by workers and stockholders has grown to such an extent that it endangers our economy and and our society.

Globalization and deindustrialization affected workers of all colors but hit African Americans particularly hard.

Black employers are just as negative as the white employers concerning inner-city workers.