Inequality

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Inequality (41)

Synopsis: Domenii suplimentare: 0_gender: Inequality:

However, as with the identity issue, a lot of other things that underline existing inequalities are accepted in most advanced societies.

there has been little reduction in inequality.""The wealthy are always at an advantage here, always have the upper hand,

"What I find so interesting is inequality-reducing innovation, trying to bring equality to consumers.#

or reduced cost artificial knee joints are good examples of potential solutions that can reduce inequalities, but there remains a need to support such innovators,

there has been little reduction in inequality.""The wealthy are always at an advantage here, always have the upper hand,

"What I find so interesting is inequality-reducing innovation, trying to bring equality to consumers.#

or reduced cost artificial knee joints are good examples of potential solutions that can reduce inequalities, but there remains a need to support such innovators,

or income inequality is incomplete without addressing the societal ramifications of imprisoning Americans by the millions for long stretches of time with little hope for rehabilitation.

He said action must be taken to specifically combat the high level of inequality, discrimination and racism faced by young French people from minority ethnic backgrounds in high-rise suburbs.

#Technology and Inequality The signs of the gapeally, a chasmetween the poor and the super-rich are hard to miss in Silicon valley.

It hard not to wonder whether Silicon valley, rather than just exemplifying this growing inequality, is actually contributing to it,

The desire to understand why inequality seems to be reaching such troubling levels no doubt accounts for the remarkable success this year of The french academic economist Thomas Piketty Capital in the Twenty-first Century,

And the inequality has gotten only worse since the last recession ended: the top 1 percent captured 95 percent of income growth from 2009 to 2012,

Wage inequality in the United states is robably higher than in any other society at any time in the past,

by his calculations. he standard explanation for rising inequality is the race between the demand and the supply for high skills,

But this is not All in order to explain why rising inequality has been so strong at the very top in the U s.,one needs more than a skill-based explanation.

In Britain and France the overall rise of inequality is less dramatic, but in those countries something else is happening that could be even more worrisome:

a Harvard economist and Nobel laureatehat inequality diminishes as countries become more technologically developed and more people are able to take advantage of the resulting opportunities.

so at a time of increasing soul-searching about the role technology plays in exacerbating inequality. t just seems so obvious to

the explanation for the rise in inequality is not a simple one. Specifically, the role technology is playing is contested complexnd.

Racing Ahead y reading of the data is that technology is the main driver of the recent increases in inequality.

But beyond an agreement that growing inequality is a problem, their thinking could hardly be more different.

Brynjolfsson lists several ways that technological changes can contribute to inequality: robots and automation, for example, are eliminating some routine jobs

Stay in School The exploding wealth of the very rich is only one part of the story of inequality.

And that drives income inequality: demand for highly skilled workers rises, while workers with less education and expertise fall behind.

Hence wages for these jobs dropped throughout much of the 2000s, further worsening income inequality.

The implications for inequality are significant: it could mean that the market for middle-skill jobs may be stabilizing

It an unusual spot of optimism in the inequality discussion. But the underlying problem for much of the population remains. e have a very skill-driven economy without a very skilled workforce,

when asked about inequality in the region. have more questions than answers. I can explain it.

It a simple formula for income inequality and poverty. But the nature of technology itself seems to have made it worse.

If economists are right that income inequality is fueled by disparities in skills and education, then the last chance for many people to find a route into the middle class may be in places like Foothill College.

actually have nets. ne of the largest and most prominent debates in social sciences is the role of technology in inequality,

director of Stanford Center on Poverty and Inequality. But ne fact that everyone agrees on, he says,

is that the income gaps between those with different levels of education ccount for a good share of the inequality.

Dirty Words Understanding what causes income inequality is important because different answers suggest very different policy solutions.

and Ronald Reagan in the late 1970s and early 1980s jump-started the growth of income inequality seen today in Britain and the United states. Indeed,

Inequality in education is not only hurting the chances of poor children to get ahead, says David Grusky.

But if differences in educational achievement based on family incomes are really what driving inequality, Grusky worries,

That why asking whether technology causes inequality is the wrong question. Instead, we should be asking how advancing technologies have changed the relative demand for high-skill and low-skill workers,

many will surely be left wondering whether the future looks more like Silicon valley high-tech dynamo driving economic prosperity and wealth inequality at oncer,

It serves as a daily reminder to Prakash of the inequality many countries face when it comes to resources and technology.

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