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Wealth inequality has increased.
Sep 10, 2025
Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the risk of making our economy more rewarding for more of the people.
When inequality gets to an extreme, it is completely useless for growth.
Inequality of rights and power proceeds from the very Author of nature.
When I find too many puzzles about the way explanations are given about why there is inequality - why people who work the hardest in the world end up being the poorest - I can't just sit back and not try to understand why the gaps between people are increasing, or why there are so many homeless and hungry people in the world.
As inequality grows, the basic bonds of social fraternity are fraying - as we discussed in regard to Occupy Wall Street. As tensions increase, people will become more willing to engage in protest. But that moment is not now.
From the fact that people are very different it follows that, if we treat them equally, the result must be inequality in their actual position, and that the only way to place them in an equal position would be to treat them differently. Equality before the law and material equality are therefore not only different but are in conflict with each other; and we can achieve either one or the other, but not both at the same time.
Can one preach at home inequality of races and nations and advocate abroad good-will towards all men?
Some will always be above others. Destroy the inequality today, and it will appear again tomorrow.
However energetically society in general may strive to make all the citizens equal and alike, the personal pride of each individual will always make him try to escape from the common level, and he will form some inequality somewhere to his own profit.
The subjects of every state ought to contribute toward the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state ....As Henry Home (Lord Kames) has written, a goal of taxation should be to 'remedy inequality of riches as much as possible, by relieving the poor and burdening the rich.'
The important issue is not how much inequality there is but how much opportunity there is for individuals to get out of the bottom classes and into the top. If there is enough movement upward, people will accept the efficiency of the markets. If you have opportunity, there is a great tolerance for inequality. That has been the saving grace of the American system.
One of the reasons inequality gets so deep in this country is that everyone wants to be rich. That's the American ideal. Poor people don't like talking about poverty because even though they might live in the projects surrounded by other poor people and have, like, ten dollars in the bank, they don't like to think of themselves as poor.
So distribution should undo excess, and each man have enough.
the less powerful group usually knows the powerful one much better than vice versa - blacks have had to understand whites in order to survive, women have had to know men - yet the powerful group can afford to regard the less powerful one as a mystery.
As I often say, we have come a long way from the days of slavery, but in 2014, discrimination and inequality still saturate our society in modern ways. Though racism may be less blatant now in many cases, its existence is undeniable.
Plato in his dialogue The Phaedo says that whereas sticks and stones are both equal and unequal, (so maybe what that means is that each stick is going to be equal to some other sticks and unequal to some other sticks, so equal to the stick on the left maybe but shorter than the stick on its right) the form of equal is going to be just equal, and it won't partake of inequality at all. And it will be the cause of equality in things that are equal, for example, equal sticks and stones.
The law cannot save those who deny it but neither can the law serve any who do not use it. The history of injustice and inequality is a history of disuse of the law.
I made an effort to ensure social safeguards. But our economy has to grow - and Chile, with a population of 17 million, cannot depend entirely on its domestic market. Which is why the decision to focus on exports, made at the beginning of the democratic era, was the correct one. We are continuing to do so. For a long time, Chile has been successful in combating poverty. But now we must focus more on fighting inequality.
We have to have a very strong criticism of modes of cooperation that entrench inequality.
Popular privileges are consistent with a state of society in which there is great inequality of position. Democratic rights, on the contrary, demand that there should be equality of condition as the fundamental basis of the society they regulate.
The lack of health care coverage has remained very important to me during my time in Congress and as a member of the House Subcommittee on Health, I am working hard with my colleagues to correct these inequalities.
The top 10 per cent of the US population appropriated 91 per cent of income growth between 1989 and 2006, while the top 1 per cent took 59 per cent.
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.
Nature, by its very nature, is very brutal and unequal. However, Man has somehow managed to transform the nature of its brutality and inequality.
This kind of inequality - a level that we haven’t seen since the Great Depression - hurts us all. When middle-class families can no longer afford to buy the goods and services that businesses are selling...it drags down the entire economy from top to bottom. America was built on the idea of broad-based prosperity... That’s why a CEO like Henry Ford made it his mission to pay his workers enough so that they could buy the cars he made. It’s also why a recent study showed that countries with less inequality tend to have stronger and steadier economic growth over the long run.
If there is inequality in nature, still there must be equal chance for all - or if greater for some and for some less - the weaker should be given more chance than the strong. In other words, a Brahmin is not so much in need of education as a Chandala. If the son of a Brahmin needs one teacher, that of a Chandala needs ten. For greater help must be given to him whom nature has not endowed with an acute intellect from birth. It is a madman who carries coals to Newcastle. The poor, the downtrodden, the ignorant, let these be your God.
Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable
Racial inequality is a big problem.
If any one faculty of our nature may be called more wonderful than the rest, I do think it is memory. There seems something more speakingly incomprehensible in the powers, the failures, the inequalities of memory, than in any other of our intelligences. The memory is sometimes so retentive, so serviceable, so obedient; at others, so bewildered and so weak; and at others again, so tyrannic, so beyond control! We are, to be sure, a miracle every way; but our powers of recollecting and of forgetting do seem peculiarly past finding out.
The rule of law does not do away with the unequal distribution of wealth and power, but reinforces that inequality with the authority of law. It allocates wealth and poverty in such calculated and indirect ways as to leave the victim bewildered.
Diversity on the bench is critical. As practitioners, you need judges who 'get it!' We need judges who understand what discrimination feels like. We need judges who understand what inequality feels like. We need judges who understand the subtleties of unfair treatment and who are willing to call it out when they see it!
It is the belief that extremes and excesses of inequality must be reduced so that each person is free to fully develop his or her full potential. This is why we take precious time out of our lives and give it to politics.
To live in a culture in which women are routinely naked where men aren't is to learn inequality in little ways all day long.
Thus it is thought that justice is equality; and so it is, but not for all persons, only for those that are equal. Inequality also is thought to be just; and so it is, but not for all, only for the unequal. We make bad mistakes if we neglect this for whom when we are deciding what is just. The reason is that we are making judgements about ourselves, and people are generally bad judges where their own interests are involved.
Initially, QE contributed to a pretty significant increase in inequality. It raised asset prices, which are owned primarily by the wealthy, while having relatively small if any positive impacts on bank lending, employment, wages or economic growth, so ordinary people haven't had much help. By the third round of QE in 2012-2014, the effects had likely muted quite a bit. There were probably not big impacts on asset prices from QE and the positive effects on employment growth might have strengthened somewhat.
We need to start talking about inequality again; we need to start talking about the inequities and unfairnesses and the injustices of an excessively divided society, divided by wealth, by opportunity, by outcome, by assets and so forth.
I find it ironic that Republicans have such disdain for the lazy, and yet their solution to every problem is do nothing. Their answer to wealth inequality, do nothing. Health care? Do nothing. Climate change? Nothing. Racism? Doesn’t exist. For a group of people so head over heels in love with self-reliance, they sure do recommend a lot of sitting on their ass.
In the long run men inevitably become the victims of their wealth. They adapt their lives and habits to their money, not their money to their lives. It preoccupies their thoughts, creates artificial needs, and draws a curtain between them and the world.
Becoming involved in sports and traveling the world and seeing how people of color were treated around the world, and America being such a great nation, probably the greatest nation in the world, I think that the thing that would destroy this nation more than anything is the inequality that we have amongst people of color.
I think there's so many things happening, whether it's gender inequality or immigration, there's just so many issues happening around the world where not doing anything makes you guilty.
If the global economy is unresponsive to people who feel left behind, if inequality continues to grow, then we could end up seeing more and more of these divisions arise throughout advanced economies around the world.
Racial inequality has gotten worse in the last years because any time you have a moribund economy, the people who historically have had more problems getting jobs have suffered. And that, I think, is triggering a lot of the animosity.
Once we ask why it should be that all human beings - including infants, the intellectually disabled, criminal psychopaths, Hitler, Stalin, and the rest - have some kind of dignity or worth that no elephant, pig, or chimpanzee can ever achieve, we see that this question is as difficult to answer as our original request for some relevant fact that justifies the inequality of humans and other animals.
By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.
Will it be said that the judgment of a male of two years old, is more sage than that of a female's of the same age? I believe the reverse is generally observed to be true. But from that period what partiality! how is the one exalted, and the other depressed, by the contrary modes of education which are adopted! the one is taught to aspire, and the other is early confined and limited. As their years increase, the sister must be wholly domesticated, while the brother is led by the hand through all the flowery paths of science.
I think, from a progressive point of view, to have a Democratic Congress and a Democratic White House, and to have spent the time on Obamacare, which had real benefits, 20 million insured, but not on inequality, was a major cost to the Democratic Party, costing them their majorities, but also a bit of a cost to the country, because it didn't address the fundamental issues that led to Donald Trump and that led to a lot of unhappiness, just the continued widening inequality.
In this particular historical moment, the notion of conjuncture helps us to address theoretically how youth protests are largely related to a historically specific neoliberal project that promotes vast inequalities in income and wealth, creates the student-loan-debt bomb, eliminates much-needed social programs, eviscerates the social wage, and privileges profits and commodities over people.
Under-representation of women and other inequality among researchers is a problem that will not solve itself as women acquire competence.
In the 21st Century, I'd like to think women have the right to live lives free of both sexual violence and daily harassment, as well as any other form of inequality.