Quotes About Inequality
Italy and France could lop off their excessive wealth through a one-time tax on private wealth.
~ Edmund Phelps
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For people who are at the bottom economically, the world is becoming a harder and harder place. And yet the incentives to become rich are so great because enormous amounts of wealth are being accumulated. And so those two things, that carrot and stick, are beating people along this trajectory of trying desperately to move up in the world.
~ Mohsin Hamid
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Concentrating wealth in the hands of the few and deregulating financial institutions and practices lead to speculative bubbles that eventually burst - and that brings the whole country down.
~ Jennifer Granholm
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Wealth is the ultimate panacea to poverty.
~ Foster Friess
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The clock has been turned back on racial progress in America, though scarcely anyone seems to notice. All eyes are fixed on people like Barack Obama and Oprah Winfrey who have defied the odds and achieved great power, wealth, and fame.
~ Michelle Alexander
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The amassing of unfettered wealth of individuals and corporations should stop. The inheritance of rich people's wealth by their children should stop. The expropriators should have their wealth expropriated and redistributed.
~ Arundhati Roy
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Capitalism has proven to be the only system that works, but the problem with capitalism is that extreme wealth ends up in the hands of a few people.
~ Richard Branson
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While capitalist countries have more inequality - they also have more wealth overall.
~ Dan Bongino
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Wealth is conspicuous, but poverty hides.
~ James Reston
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It's morally wrong, and economically self-defeating, that so much wealth flows upwards towards the richest of Americans, while millions work full time but still can't provide for their families.
~ Charles B. Rangel
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We absolutely have to restrain concentrations of wealth in industry from spoiling the situation for everybody.
~ William Weld
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Our family's fortune is growing faster than ever. We're a part of a small number of American families that own most of the country's wealth. But having so much in the hands of so few can't be good for America.
~ Jamie Johnson
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We have police stations for the poor but CBI, CVC and CAGs for the rich with nearly nil recovery of ill usurped wealth.
~ Arvind Kejriwal
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The existence of billionaires should sound an alarm: they are the most extreme manifestation of wealth generated by the efforts of millions of people being funnelled into the pockets of a tiny few.
~ Owen Jones
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People naturally long for a bit of the wealth that is whorling all around them, and if the work and education available to them won't get them closer to the comforts that they see others enjoying, the temptation to take shortcuts can be fierce.
~ Katherine Boo
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'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity.
~ Paul Singer
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In the last recession, 99 percent of us have lost wealth, but did you know that the top 1 percent increased their wealth five times? It tells you they create recessions so they get wealthier.
~ Jesse Ventura
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Housing wealth - the net equity held by households, consisting of the value of their homes minus their mortgage debt - is the most important source of wealth for all but those at the very top.
~ Janet Yellen
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Oil wealth has been a curse on us, made us weak and docile.
~ Abu Bakar Bashir
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Some degree of inequality in income and wealth, of course, would occur even with completely equal opportunity because variations in effort, skill, and luck will produce variations in outcomes.
~ Janet Yellen
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Half the U.S. population owns barely 2 percent of its wealth, putting the United States near Rwanda and Uganda and below such nations as pre-Arab Spring Tunisia and Egypt when measured by degrees of income inequality.
~ Eric Alterman
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Some members of the ruling class are making a concerted effort to expand the wealth gap.
~ Tom Steyer
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We love wealth, and we hate poor people. I know people who work in TV news who have actually been told to do stand-ups rather than put interviews with poor people on the air. We physically don't want to look at them.
~ Matt Taibbi
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The 19th-century pure capitalist model of society was a pyramid, concentrations of enormous wealth in a small group at the top, a not very big middle-class in the middle, and an enormous percentage of the population in the bottom part of the pyramid.
~ John Ralston Saul
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