Wage Inequality Quotes

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Don’t be deceived when they tell you things are better now. Even if there’s no poverty to be seen because the poverty’s been hidden. Even if you ever got more wages and could afford to buy more of these new and useless goods which industries foist on you and even if it seems to you that you never had so much, that is only the slogan of those who still have much more than you. Don’t be taken in when they paternally pat you on the shoulder and say that there’s no inequality worth speaking of and no more reason to fight because if you believe them they will be completely in charge in their marble homes and granite banks from which they rob the people of the world under the pretence of bringing them culture. Watch out, for as soon as it pleases them they’ll send you out to protect their gold in wars whose weapons, rapidly developed by servile scientists, will become more and more deadly until they can with a flick of the finger tear a million of you to pieces.
Jean-Paul Marat
All signs are that the Scandinavian countries, where wage inequality is more moderate than elsewhere, owe this result in large part to the fact that their educational system is relatively egalitarian and inclusive.
Thomas Piketty (Capital in the Twenty-First Century)
The essence of economic inequality is borne out in a simple fact: there are 400 billionaires in the United States and 45 million people living in poverty. These are not parallel facts; they are intersecting facts. There are 400 American billionaires because there are 45 million people living in poverty. Profit comes at the expense of the living wage. Corporate executives, university presidents, and capitalists in general are living the good life--because so many others are living a life of hardship.
Keeanga-Yamahtta Taylor (From #BlackLivesMatter to Black Liberation)
The passive and overt violence waged against the women and children of the world must end.
Bryant McGill (Voice of Reason)
It is eminently possible to have a market-based economy that requires no such brutality and demands no such ideological purity. A free market in consumer products can coexist with free public health care, with public schools, with a large segment of the economy -- like a national oil company -- held in state hands. It's equally possible to require corporations to pay decent wages, to respect the right of workers to form unions, and for governments to tax and redistribute wealth so that the sharp inequalities that mark the corporatist state are reduced. Markets need not be fundamentalist.
Naomi Klein
To say that we want wages for housework is to expose the fact that housework is already money for capital, that capital has made and makes money out of our cooking, smiling, fucking. At the same time, it shows that we have cooked, smiled, fucked throughout the years not because it was easier for us than for anybody else, but because we did not have any other choice. Our faces have become distorted from so much smiling, our feelings have got lost from so much loving, our oversexualization has left us completely desexualized.
Silvia Federici (Revolution at Point Zero: Housework, Reproduction, and Feminist Struggle (Common Notions))
Why do we still cling to the intellectually retarded notion that liberty can be obtained, maintained, or lost at the end of a gun barrel? When you're working 3 minimum wage jobs to make the minimum payment on a pair of socks you bought 12 years ago because your credit card company slapped you with an interest rate that would make a loan shark holler WTF! ... well, no one needs to hold a gun to your head. Your ass has already been sold down the river.
Quentin R. Bufogle
To all you who believe we shouldn't have a minimum wage -- that the minimum amount you can be paid should be determined solely by your employer. We tried it once before: it was called SLAVERY.
Quentin R. Bufogle
There seems to be a vicious cycle at work here, making ours not just an economy but a culture of extreme inequality. Corporate decision makers, and even some two-bit entrepreneurs like my boss at The Maids, occupy an economic position miles above that of the underpaid people whose labor they depend on. For reasons that have more to do with class — and often racial — prejudice than with actual experience, they tend to fear and distrust the category of people from which they recruit their workers. Hence the perceived need for repressive management and intrusive measures like drug and personality testing. But these things cost money — $20,000 or more a year for a manager, $100 a pop for a drug test, and so on — and the high cost of repression results in ever more pressure to hold wages down. The larger society seems to be caught up in a similar cycle: cutting public services for the poor, which are sometimes referred to collectively as the 'social wage,' while investing ever more heavily in prisons and cops. And in the larger society, too, the cost of repression becomes another factor weighing against the expansion or restoration of needed services. It is a tragic cycle, condemning us to ever deeper inequality, and in the long run, almost no one benefits but the agents of repression themselves.
Barbara Ehrenreich (Nickel and Dimed: On (Not) Getting By in America)
Being poor is not simply a matter of lacking opportunities to convert one's labor into a wage--or a living wage, for that matter--but rather of becoming indebted and, through the commodification of these debts, paying an ever-higher price for being poor.
Noelle Stout (Dispossessed: How Predatory Bureaucracy Foreclosed on the American Middle Class)
Whether women work in the care sector because the wages are low or whether wages are low because women work there is a question that cannot be answered. But we know that a big reason for economic inequality is that women to a much greater extent work with care.
Katrine Marçal (Who Cooked Adam Smith's Dinner? A Story About Women and Economics)
We all live in the digital poorhouse. We have always lived in the world we built for the poor. We create a society that has no use for the disabled or the elderly, and then are cast aside when we are hurt or grow old. We measure human worth based only on the ability to earn a wage, and suffer in a world that undervalues care and community. We base our economy on exploiting the labor of racial and ethnic minorities, and watch lasting inequities snuff out human potential. We see the world as inevitably riven by bloody competition and are left unable to recognize the many ways we cooperate and lift each other up. But only the poor lived in the common dorms of the county poorhouse. Only the poor were put under the diagnostic microscope of scientific clarity. Today, we all live among the digital traps we have laid for the destitute.
Virginia Eubanks (Automating Inequality: How High-Tech Tools Profile, Police, and Punish the Poor)
[A] woman, working fulltime in the home or outside of it as well, married or single, has to put hours of labor into reproducing her own labor power, and women well know the tyranny of this task, for a pretty dress and hairdo are conditions for their getting the job, whether on the marriage market or on the wage labor market.
Silvia Federici (Revolution at Point Zero: Housework, Reproduction, and Feminist Struggle (Common Notions))
Borders are the single biggest cause of discrimination in all of world history. Inequality gaps between people living in the same country are nothing in comparison to those between separated global citizenries. Today, the richest 8% earn half of all the world’s income,24 and the richest 1% own more than half of all wealth.25 The poorest billion people account for just 1% of all consumption; the richest billion, 72%.26 From an international perspective, the inhabitants of the Land of Plenty aren’t merely rich, but filthy rich. A person living at the poverty line in the U.S. belongs to the richest 14% of the world population; someone earning a median wage belongs to the richest 4%.
Rutger Bregman (Utopia for Realists: And How We Can Get There)
The nearly perfect historical correlation between increasing productivity and rising incomes broke down: wages for most Americans stagnated and, for many workers, even declined; income inequality soared to levels not seen since the eve of the 1929 stock market crash; and a new phrase—“jobless recovery”—found a prominent place in our vocabulary.
Martin Ford (Rise of the Robots: Technology and the Threat of a Jobless Future)
. . . the first topic that comes to mind is often a woman’s right to choose or sexual assault, but I believe the most important women’s issue is the wage gap. I believe this is the root issue from which all other inequalities stem . . .
Gabrielle Zevin (Young Jane Young)
Talk about a group that is REALLY suffering, it's women in America. To be a woman in America is just to live under this sword of wage inequality. Ask her in 20 years from now, "Patricia Arquette, you had the chance to talk to millions of people in over 100 countries. What did you decide to talk about? With women being traded as sex slaves in the tens of thousands under Islamic rule, in Africa and the middle East, and WHAT did you decide to talk about?" Wage inequality in America. You're a moral fool. If in fact women really got 77 cents to the dollar, why would any employer hire men? If I can get the exact same work and save almost 25%, you would have to be an idiot to hire a man! It's all nonsense. It's all a lie.
Dennis Prager
Austerity, especially when it cannot be offset by a significant lowering of interest rates, brings with it increases in unemployment -- particularly enduring unemployment -- suppression of wages for the majority, and deepening income inequality.
Alex Himelfarb (Tax Is Not a Four-Letter Word: A Different Take on Taxes in Canada (Canadian Commentaries))
The essence of economic inequality is borne out in a simple fact: there are 400 billionaires in the United States and 45 million people living in poverty. These are not parallel facts; they are intersecting facts. There are 400 American billionaires because there are 45 million people living in poverty. Profit comes at the expense of the living wage. Corporate executives, university presidents, and capitalists in general are living the good life--because so many others are living a life of hardship.
Keeanga-Yamahtta Taylor (From #BlackLivesMatter to Black Liberation)
total wages and the bottom 50 percent about 35 percent. In countries where wage inequality is average, including most European countries (such as France and Germany) today, the first group claims 25–30 percent of total wages, and the second around 30 percent.
Thomas Piketty (Capital in the Twenty-First Century)
A CEO shouldn't get several hundred times the salary that the janitor is paid. An athlete shouldn't get several hundred times the salary that the waterboy is paid. A filmstar shouldn't get several hundred times the salary that the crew at the bottom are paid. I understand if you are not yet civilized enough to flatten the field completely – for you are an infantile species after all. But at the very least, do your best to reduce the gap - that is, if you intend to be human someday.
Abhijit Naskar (Corazon Calamidad: Obedient to None, Oppressive to None)
Many white Americans of good will have never connected bigotry with economic exploitation. They have deplored prejudice, but tolerated or ignored economic injustice. But the Negro knows that these two evils have a malignant kinship. He knows this because he has worked in shops that employ him exclusively because the pay is below a living standard. He knows it is not an accident of geography that wage rates in the South are significantly lower than those in the North. He knows that the spotlight recently focused on the growth in the number of women who work is not a phenomenon in Negro life. The average Negro woman has always had to work to help keep her family in food and clothes.
Martin Luther King Jr. (Why We Can't Wait)
what we find is that the increase in wage inequality is identical in all cases, no matter what reference period we choose.38 In other words, workers at McDonald’s or in Detroit’s auto plants do not spend a year of their lives as top managers of large US firms, any more than professors at the University of Chicago or middle managers from California do.
Thomas Piketty (Capital in the Twenty-First Century)
...justice cannot live in a society which tolerates economic inequality and exploitation.
Isiah Berlin
Inequality is neither economic nor technological; it is ideological and political. This is no doubt the most striking conclusion to emerge from the historical approach I take in this book. In other words, the market and competition, profits and wages, capital and debt, skilled and unskilled workers, natives and aliens, tax havens and competitiveness—none of these things exist as such. All are social and historical constructs, which depend entirely on the legal, fiscal, educational, and political systems that people choose to adopt and the conceptual definitions they choose to work with.
Thomas Piketty (Capital and Ideology)
...[I]t doesn't take an advanced degree to figure out that this education talk is less a strategy for mitigating inequality than it is a way of rationalizing it. To attribute economic results to school years finished and SAT scores achieved is to remove matters from the realm of, well, economics and to relocate them to the provinces of personal striving and individual intelligence. From this perspective, wages aren't what they are because one party (management) has a certain amount of power over the other (workers); wages are like that because the god of the market, being surpassingly fair, rewards those who show talent and gumption. Good people are those who get a gold star from their teacher in elementary school, a fat acceptance letter from a good college, and a good life when they graduate. All because they are the best. Those who don't pay attention in high school get to spend their days picking up discarded cans by the side of the road. Both outcomes are our own doing.
Thomas Frank (Listen, Liberal: Or, What Ever Happened to the Party of the People)
Goldin and Katz have no doubt that increased wage inequality in the United States is due to a failure to invest sufficiently in higher education. More precisely, too many people failed to receive the necessary training, in part because families could not afford the high cost of tuition. In order to reverse this trend, they conclude, the United States should invest heavily in education so that as many people as possible can attend college.
Thomas Piketty (Capital in the Twenty-First Century)
In order to understand the dynamics of wage inequality, we must introduce other factors, such as the institutions and rules that govern the operation of the labor market in each society. To an even greater extent than other markets, the labor market is not a mathematical abstraction whose workings are entirely determined by natural and immutable mechanisms and implacable technological forces: it is a social construct based on specific rules and compromises.
Thomas Piketty (Capital in the Twenty-First Century)
Stalinism in turn is not an abstraction of “dictatorship”, but an immense bureaucratic reaction against the proletarian dictatorship in a backward and isolated country. The October Revolution abolished privileges, waged war against social inequality, replaced the bureaucracy with self-government of the toilers, abolished secret diplomacy, strove to render all social relationship completely transparent. Stalinism reestablished the most offensive forms of privileges, imbued inequality with a provocative character, strangled mass self-activity under police absolutism, transformed administration into a monopoly of the Kremlin oligarchy and regenerated the fetishism of power in forms that absolute monarchy dared not dream of.
Leon Trotsky (The New Course)
I believe we can be serious and optimistic. I believe we can recognize the overwhelming odds against us and forge coalitions that overcome the odds. The point of beginning is not political strategy. It is a shared sense of necessity, an understanding that we must act. I believe that Americans, battered by job losses and wage stagnation, angered by inequality and injustice, have come to this understanding. I hear Americans saying loudly and clearly: enough is enough [. . .] When we declare, "Enough is enough," we are demanding a country and a future that meets the needs of the vast majority of Americans: a country and a future where it is hard to buy elections and easy to vote in them; a country and a future where tax dollars are invested in jobs and infrastructure instead of jails and incarceration; a country and a future where we have he best educated workforce and the widest range of opportunities for every child and every adult; a country and future where we take the steps necessary to ending systemic racism; a country and a future where we assure once and for all that no one who works forty hours a week will live in poverty [. . .] When we stand together there is nothing, nothing, nothing we cannot accomplish.
Bernie Sanders (Outsider in the White House)
If our economic system leads to so many people without jobs, or with jobs that do not pay a livable wage, dependent on the government for food, it means that our economic system has not worked in the way it should, and then government has to step in.
Joseph E. Stiglitz (The Price of Inequality: How Today's Divided Society Endangers Our Future)
If central banks can convince people that inflation will move higher, people will begin spending more money today (why wait to buy something if prices are heading up?), and the added demand will actually move prices higher. Still others see inequality and wage stagnation as key drivers of slow growth and de minimis pressure on wages and prices. Some say wage growth and a more equitable distribution of income would help bolster demand among lower- and middle-income households, thereby helping to create some inflationary pressure.
Stephanie Kelton (The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy)
This is a nation of inconsistencies. The Puritans fleeing from oppression became oppressors. We fought England for our liberty and put chains on four million of blacks. We wiped out slavery and our tariff laws and national banks began a system of white wage slavery worse than the first. Wall Street owns the country. It is no longer a government of the people, by the people, and for the people, but a government of Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master.
Mary Lease
Inequality has long been built into the core fabric of the American business model. Pitting Black workers against white workers against immigrant workers has been a particularly potent, tried-and-true tactic of employers to drive down all wages. But the cursory sketch laid out here does not even begin to discuss the very many oppressions—of people with disabilities, of gay people, of transgender people, of Native peoples, of elders, and more—that play an integral role in upholding the profitability of US capitalism. In fact, any place where bosses can hold down the wages of one section of the workforce not only ensures a cheaper labor pool among the oppressed demographic, but also, in the words of abolitionist Frederick Douglass, divides both in order to conquer each, so that everyone’s wages are pushed down.
Hadas Thier (A People's Guide to Capitalism: An Introduction to Marxist Economics)
[For the past forty years], guided by the dogmas of neoliberalism, governments have privatised public services, slashed social spending, cut wages and labour protections, handed tax cuts to the richest and sent inequality soaring. In an age of climate breakdown, we need to be doing exactly the opposite.
Jason Hickel (Less Is More: How Degrowth Will Save the World)
Although per capita income doubled during the half-century, not all sectors of society shared equally in this abundance. While both rich and poor enjoyed rising incomes, their inequality of wealth widened significantly. As the population began to move from farm to city, farmers increasingly specialized in the production of crops for the market rather than for home consumption. The manufacture of cloth, clothing, leather goods, tools, and other products shifted from home to shop and from shop to factory. In the process many women experienced a change in roles from producers to consumers with a consequent transition in status. Some craftsmen suffered debasement of their skills as the division of labor and power-driven machinery eroded the traditional handicraft methods of production and transformed them from self-employed artisans to wage laborers. The resulting potential for class conflict threatened the social fabric of this brave new republic.
James M. McPherson (Battle Cry of Freedom: The Civil War Era)
And women, it turns out, pay a steep economic price for being mothers: according to Shelley Correll, a Stanford sociologist who looks at gender inequities in the labor force, the wage gap between mothers and childless women who are otherwise equally qualified is now greater than the wage gap between women and men generally.
Jennifer Senior (All Joy and No Fun: The Paradox of Modern Parenthood)
This morally blinkered way of conceiving merit and the public good has weakened democratic societies in several ways. The first is the most obvious: Over the past four decades, meritocratic elites have not governed very well. The elites who governed the United States from 1940 to 1980 were far more successful. They won World War II, helped rebuild Europe and Japan, strengthened the welfare state, dismantled segregation, and presided over four decades of economic growth that flowed to rich and poor alike. By contrast, the elites who have governed since have brought us four decades of stagnant wages for most workers, inequalities of income and wealth not seen since the 1920s, the Iraq War, a nineteen-year, inconclusive war in Afghanistan, financial deregulation, the financial crisis of 2008, a decaying infrastructure, the highest incarceration rate in the world, and a system of campaign finance and gerrymandered congressional districts that makes a mockery of democracy.
Michael J. Sandel (The Tyranny of Merit: What's Become of the Common Good?)
We would be able to map our lives against the destruction of the working class: the demise of the family farm, the dismantling of public health care, the defunding of public schools, wages so stagnant that full-time workers could no longer pay the bills. Historic wealth inequality was old news to us by the time it hit newspapers in the new millennium.
Sarah Smarsh (Heartland: A Memoir of Working Hard and Being Broke in the Richest Country on Earth)
wealth accumulated in the past grows more rapidly than output and wages. This inequality expresses a fundamental logical contradiction. The entrepreneur inevitably tends to become a rentier, more and more dominant over those who own nothing but their labor. Once constituted, capital reproduces itself faster than output increases. The past devours the future.
Thomas Piketty (Capital in the Twenty-First Century)
Globalization gives workers in Asia better access to rich-country markets than ever before, and they can do many of the jobs that used to be done in the rich countries, even without being able to migrate. If this happens on a large scale, Asian wages will rise, and American and European wages will fall, narrowing earnings inequality in the world as a whole. The
Angus Deaton (The Great Escape: Health, Wealth, and the Origins of Inequality)
In countries where income from labor is most equally distributed, such as the Scandinavian countries between 1970 and 1990, the top 10 percent of earners receive about 20 percent of total wages and the bottom 50 percent about 35 percent. In countries where wage inequality is average, including most European countries (such as France and Germany) today, the first group claims 25–30 percent of total wages, and the second around 30 percent. And in the most inegalitarian countries, such as the United States in the early 2010s (where, as will emerge later, income from labor is about as unequally distributed as has ever been observed anywhere), the top decile gets 35 percent of the total, whereas the bottom half gets only 25 percent.
Thomas Piketty (Capital in the Twenty-First Century)
Now you who so fear the word an-arche, remember! the whole combat of the seventeenth century, of which you are justly proud, and to which you never tire of referring, was waged for the sole purpose of realizing anarchism in the realm of thought. It was not an easy struggle, – this battle of the quiet thinkers against those who held all the power, and all the force of numbers, and all of the strength of tortures! It was not easy for them to speak out of the midst of faggot flames, “We believe differently, and we have the right”. But on their side stood Truth! And there lies more inequality between her and Error, more strength for Truth, more weakness for Falsehood, than all the fearful disparity of power that lies between the despot and the victim. So theirs was the success.
Emma Goldwater
The world I grew up in was a brutal one. The murder rate was once seven people for every hundred thousand. The average American on minimum wage could barely afford to keep themselves alive on canned food. Millions died over private oil fortunes. Wealthy men and women ran the world for profit. Fools and charlatans got into our Parliaments and set the world on fire. We had everything on paper - checks, balances, freedom, democracy - and yet to live was to be a slave.
Yudhanjaya Wijeratne (Numbercaste)
In the long run, the best way to reduce inequalities with respect to labor as well as to increase the average productivity of the labor force and the overall growth of the economy is surely to invest in education. If the purchasing power of wages increased fivefold in a century, it was because the improved skills of the workforce, coupled with technological progress, increased output per head fivefold. Over the long run, education and technology are the decisive determinants of wage levels.
Thomas Piketty (Capital in the Twenty-First Century)
While it is not always clear what is fair, and people’s judgments of fairness can be biased by their self-interest, there is a growing sense that the present disparity in wages is unfair. When executives argue that wages have to be reduced or that there have to be layoffs in order for corporations to compete, but simultaneously increase their own pay, workers rightly consider that what is going on is unfair. That will affect their effort today, their loyalty to the firm, their willingness to cooperate with others, and their willingness to invest in its future.
Joseph E. Stiglitz (The Price of Inequality: How Today's Divided Society Endangers Our Future)
Generally speaking, inequality tends to evolve “procyclically” (that is, it moves in the same direction as the economic cycle, in contrast to “countercyclical” changes). In economic booms, the share of profits in national income tends to increase, and pay at the top end of the scale (including incentives and bonuses) often increases more than wages toward the bottom and middle. Conversely, during economic slowdowns or recessions (of which war can be seen as an extreme form), various noneconomic factors, especially political ones, ensure that these movements do not depend solely on the economic cycle.
Thomas Piketty (Capital in the Twenty-First Century)
Inequalities at the bottom of the US wage distribution have closely followed the evolution of thee minimum wage: the gap between the bottom 10 percent of the wage distribution and the overall average wage widened significantly in the 1980s, then narrowed in the 1990s, and finally increased again in the 2000s. Nevertheless, inequalities at the top of the distribution - for example, the share of total wages going to the top 10 percent -- increased steadily throughout this period. Clearly, the minimum wage has an impact at the bottom of the distribution but much less influence at the top, where other forces are at work.
Thomas Piketty (Capital in the Twenty First Century)
I came to realize that this was about more than not offering up what some of his opponents craved—the picture of the angry black man, or the lectures on race that fuel a sense of grievance among white voters. Obama also didn’t want to offer up gauzy words to make well-meaning white people feel better. The fact that he was a black president wasn’t going to bring life back to an unarmed black kid who was shot, or alter structural inequities in housing, education, and incarceration in our states and cities. It wasn’t going to change the investment of powerful interests in a system that sought to deny voting rights, or to cast people on food stamps working minimum wage jobs as “takers,” incapable of making it on their own. The “last person who ever thought that Barack Obama’s election was going to bring racial reconciliation and some “end of race” in America was Barack Obama. That was a white person’s concept imposed upon his campaign. I know because I was once one of them, taking delight in writing words about American progress, concluding in the applause line “And that is why I can stand before you as president of the United States.” But he couldn’t offer up absolution for America’s racial sins, or transform American society in four or eight years.
Ben Rhodes (The World As It Is: Inside the Obama White House)
Note that there’s no option to answer “all of the above.” Prospective workers must pick one option, without a clue as to how the program will interpret it. And some of the analysis will draw unflattering conclusions. If you go to a kindergarten class in much of the country, for example, you’ll often hear teachers emphasize to the children that they’re unique. It’s an attempt to boost their self-esteem and, of course, it’s true. Yet twelve years later, when that student chooses “unique” on a personality test while applying for a minimum-wage job, the program might read the answer as a red flag: Who wants a workforce peopled with narcissists?
Cathy O'Neil (Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy)
Strikes, boycott, parliamentarism, meetings and demonstrations are all good forms of struggle as means for preparing and organising the proletariat. But not one of these means is capable of abolishing existing inequality. All these means must be concentrated in one principal and decisive means; the proletariat must rise and launch a determined attack upon the bourgeoisie in order to destroy capitalism to its foundations. This principal and decisive means is the socialist revolution. The socialist revolution must not be conceived as a sudden and short blow, it is a prolonged struggle waged by the proletarian masses, who inflict defeat upon the bourgeoisie and capture its positions.
Joseph Stalin (Anarchism or Socialism?)
Thomas Piketty, an economist at the Paris School of Economics, warned in his zeitgeist-shifting book, Capital in the Twenty-First Century, that without aggressive government intervention economic inequality in the United States and elsewhere was likely to rise inexorably, to the point where the small portion of the population that currently held a growing slice of the world’s wealth would in the foreseeable future own not just a quarter, or a third, but perhaps half of the globe’s wealth, or more. He predicted that the fortunes of those with great wealth, and their inheritors, would increase at a faster rate of return than the rate at which wages would grow, creating what he called “patrimonial capitalism.” This dynamic, he predicted, would widen the growing chasm between the haves and the have-nots to levels mimicking the aristocracies of old Europe and banana republics.
Jane Mayer (Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right)
In the United States, both of the dominant parties have shifted toward free-market capitalism. Even though analysis of roll call votes show that since the 1970s, Republicans have drifted farther to the right than Democrats have moved to the left, the latter were instrumental in implementing financial deregulation in the 1990s and focused increasingly on cultural issues such as gender, race, and sexual identity rather than traditional social welfare policies. Political polarization in Congress, which had bottomed out in the 1940s, has been rapidly growing since the 1980s. Between 1913 and 2008, the development of top income shares closely tracked the degree of polarization but with a lag of about a decade: changes in the latter preceded changes in the former but generally moved in the same direction—first down, then up. The same has been true of wages and education levels in the financial sector relative to all other sectors of the American economy, an index that likewise tracks partisan polarization with a time lag. Thus elite incomes in general and those in the finance sector in particular have been highly sensitive to the degree of legislative cohesion and have benefited from worsening gridlock.
Walter Scheidel (The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century (The Princeton Economic History of the Western World Book 69))
Even though deaths were lower among the rich who lived more spaciously and moved residence more easily, the plague reduced their control, creating a shortage of manpower that raised the status of ordinary people. The wool-processing workshops of Italy and Flanders, England and France were short of workers. The rise in wages and the fall in inequality led to higher spending power which doubled per capita investment, leading in turn to higher production in textiles and other consumer goods. Fewer mouths to feed meant better diets. Female wages – once half those of men – were now the same. Workers formed guilds. The new confidence felt by ordinary people empowered them to launch a spate of peasant revolts. The shortage of labour necessitated new sources of power – hydraulics were harnessed to drive watermills and smelting furnaces – and new unpaid workers were obtained from a new source altogether: African slavery. Demand for silk, sugar, spices and slaves inspired European men, bound by a new esprit de corps, to voyage abroad, to destroy their rivals, in the east and in Europe itself, so that they could supply these appetites. The competition intensified improvements in firearms, cannon, gunpowder and galleons. The paradox of the Great Mortality was not only that it elevated the respect for humanity, it also degraded it; it not only decimated Europe, it became a factor in Europe’s rise.
Simon Sebag Montefiore (The World: A Family History of Humanity)
In their famous Critique of the Gotha Programme Marx and Engels speak about two phases of communism, the lower and the higher. In the lower one there still prevails the "narrow horizon of bourgeois rights" with its inequality and its wide differentials in individual incomes. Obviously, if in socialism society, according to Marx, still needs to secure the full development of its productive forces until a real economy of wealth and abundance is created, then it has to reward skill and offer incentives. The bureaucrat is in a sense the skilled worker, and there is no doubt that he will place himself on the privileged side of the scale... In practice it proved impossible to establish and maintain the principle proclaimed by the Commune of Paris which served Marx as the guarantee against the rise of bureaucracy, the principle extolled again by Lenin on the eve of October, according to which the functionary should not earn more than the ordinary worker's wage. This principle implied a truly egalitarian society -- and here is part of an important contradiction in the thought of Marx and his disciples. Evidently the argument that no civil servant, no matter how high his function, must earn more than an ordinary worker cannot be reconciled with the other argument that in the lower phase of socialism, which still bears the stamp of "bourgeois rights," it would be utopian to expect "equality of distribution.
Isaac Deutscher (Marxism in Our Time)
Ultimately, the World Top Incomes Database (WTID), which is based on the joint work of some thirty researchers around the world, is the largest historical database available concerning the evolution of income inequality; it is the primary source of data for this book.24 The book’s second most important source of data, on which I will actually draw first, concerns wealth, including both the distribution of wealth and its relation to income. Wealth also generates income and is therefore important on the income study side of things as well. Indeed, income consists of two components: income from labor (wages, salaries, bonuses, earnings from nonwage labor, and other remuneration statutorily classified as labor related) and income from capital (rent, dividends, interest, profits, capital gains, royalties, and other income derived from the mere fact of owning capital in the form of land, real estate, financial instruments, industrial equipment, etc., again regardless of its precise legal classification). The WTID contains a great deal of information about the evolution of income from capital over the course of the twentieth century. It is nevertheless essential to complete this information by looking at sources directly concerned with wealth. Here I rely on three distinct types of historical data and methodology, each of which is complementary to the others.25 In the first place, just as income tax returns allow us to study changes in income inequality, estate tax returns enable us to study changes in the inequality of wealth.26 This
Thomas Piketty (Capital in the Twenty-First Century)
On August 16, 2012, the South African police intervened in a labor conflict between workers at the Marikana platinum mine near Johannesburg and the mine’s owners: the stockholders of Lonmin, Inc., based in London. Police fired on the strikers with live ammunition. Thirty-four miners were killed.1 As often in such strikes, the conflict primarily concerned wages: the miners had asked for a doubling of their wage from 500 to 1,000 euros a month. After the tragic loss of life, the company finally proposed a monthly raise of 75 euros.2 This episode reminds us, if we needed reminding, that the question of what share of output should go to wages and what share to profits—in other words, how should the income from production be divided between labor and capital?—has always been at the heart of distributional conflict. In traditional societies, the basis of social inequality and most common cause of rebellion was the conflict of interest between landlord and peasant, between those who owned land and those who cultivated it with their labor, those who received land rents and those who paid them. The Industrial Revolution exacerbated the conflict between capital and labor, perhaps because production became more capital intensive than in the past (making use of machinery and exploiting natural resources more than ever before) and perhaps, too, because hopes for a more equitable distribution of income and a more democratic social order were dashed. I will come back to this point. The Marikana tragedy calls to mind earlier instances of violence. At Haymarket Square in Chicago on May 1, 1886, and then at Fourmies, in northern France, on May 1, 1891, police fired on workers striking for higher wages. Does this kind of violent clash between labor and capital belong to the past, or will it be an integral part of twenty-first-century history?
Thomas Piketty (Capital in the Twenty-First Century)
Punishment is not care, and poverty is not a crime. We need to create safe, supportive pathways for reentry into the community for all people and especially young people who are left out and act out. Interventions like decriminalizing youthful indiscretions for juvenile offenders and providing foster children and their families with targeted services and support would require significant investment and deliberate collaboration at the community, state, and federal levels, as well as a concerted commitment to dismantling our carceral state. These interventions happen automatically and privately for young offenders who are not poor, whose families can access treatment and hire help, and who have the privilege of living and making mistakes in neighborhoods that are not over-policed. We need to provide, not punish, and to foster belonging and self-sufficiency for our neighbors’ kids. More, funded YMCAs and community centers and summer jobs, for example, would help do this. These kinds of interventions would benefit all the Carloses, Wesleys, Haydens, Franks, and Leons, and would benefit our collective well-being. Only if we consider ourselves bound together can we reimagine our obligation to each other as community. When we consider ourselves bound together in community, the radically civil act of redistributing resources from tables with more to tables with less is not charity, it is responsibility; it is the beginning of reparation. Here is where I tell you that we can change this story, now. If we seek to repair systemic inequalities, we cannot do it with hope and prayers; we have to build beyond the systems and begin not with rehabilitation but prevention. We must reimagine our communities, redistribute our wealth, and give our neighbors access to what they need to live healthy, sustainable lives, too. This means more generous social benefits. This means access to affordable housing, well-resourced public schools, affordable healthcare, jobs, and a higher minimum wage, and, of course, plenty of good food. People ask me what educational policy reform I would suggest investing time and money in, if I had to pick only one. I am tempted to talk about curriculum and literacy, or teacher preparation and salary, to challenge whether police belong in schools, to push back on standardized testing, or maybe debate vocational education and reiterate that educational policy is housing policy and that we cannot consider one without the other. Instead, as a place to start, I say free breakfast and lunch. A singular reform that would benefit all students is the provision of good, free food at school. (Data show that this practice yields positive results; but do we need data to know this?) Imagine what would happen if, across our communities, people had enough to feel fed.
Liz Hauck (Home Made: A Story of Grief, Groceries, Showing Up--and What We Make When We Make Dinner)
My conclusion is that technological capitalism is by far the best system for giving entrepreneurs and workers their “fair share.” This fair share, whether measured in terms of profits or wages, is precisely what people are entitled to as a result of the value they create for their fellow citizens. While short-term inequality frequently results from the dynamic energy of a capitalist economy, that energy also produces mass affluence that ultimately raises life expectancy and living standards for everyone.
Dinesh D'Souza (America: Imagine a World Without Her)
They'd have us believe if we wear fabulous underwear we'll somehow be above the terrifying statistic that only 1% of the world's wealth belongs to women.
Caitlin Moran
New Deal legislation undoubtedly saved thousands of lives and prevented destitution for millions. New labor laws led to a flourishing of unions and built a strong white middle class. The Social Security Act of 1935 established the principle of cash payments in cases of unemployment, old age, or loss of a family breadwinner, and it did so as a matter of right, not on the basis of individual moral character. But the New Deal also created racial, gender, and class divisions that continue to produce inequities in our society today. Roosevelt’s administration capitulated to white supremacy in ways that still bear bitter fruit. The Civilian Conservation Corps capped Black participation in federally supported work relief at 10 percent of available jobs, though African Americans experienced 80 percent unemployment in northern cities. The National Housing Act of 1934 redoubled the burden on Black neighborhoods by promoting residential segregation and encouraging mortgage redlining. The Wagner Act granted workers the right to organize, but allowed segregated trade unions. Most importantly, in response to threats that southern states would not support the Social Security Act, both agricultural and domestic workers were explicitly excluded from its employment protections. The “southern compromise” left the great majority of African American workers—and a not-insignificant number of poor white tenant farmers, sharecroppers, and domestics—with no minimum wage, unemployment protection, old-age insurance, or right to collective bargaining.
Virginia Eubanks (Automating Inequality: How High-Tech Tools Profile, Police, and Punish the Poor)
In 2005 joblessness would peak at 10.6 percent. To combat this scourge, between 2003 and 2005 the Schroeder government announced a national restructuring program titled Agenda 2010. Its main thrust was a multiphase program of labor market liberalization and benefit cuts, designed by a committee headed by VW’s head of human resources, Peter Hartz. The fourth and final phase of cuts, Hartz IV, became synonymous with a new German “reform” narrative. The unemployed were returned to work. Wage restraint restored German competitiveness. The reward came already in 2003 when Germany could boast of being the world export champion (Exportweltmeister). Agenda 2010 would come to define a new bipartisan self-understanding of Germany’s political class. Having accomplished the enormous task of reunification, Germany had overcome its internal difficulties and “reformed” its way back to economic health. It is a narrative that is superficially compelling and it would have significant implications for how Berlin approached the crisis of the eurozone, but it does not withstand close scrutiny. Hartz IV certainly drove millions of people more or less willingly off long-term unemployment benefits into a range of insecure jobs. This helped to hold down wages for unskilled workers, such as cashiers and cleaning workers. In the first ten years of the euro, despite soaring productivity, half of German households experienced no wage growth at all. This shortened unemployment rolls. It also increased pretax inequality and lowered Germany’s wages relative to its European neighbors. But as to the competitiveness of German exporters, the significance of Hartz IV is far less obvious. German companies do not win export orders by shaving the wages of unskilled workers. A far more important source of competitive advantage came from outsourcing production to Eastern Europe and Southern Europe. Added to which there was the boost from the global recovery of the early 2000s. While its economic impact has been exaggerated, what Hartz IV did transform was German politics. The blue-collar electorate and the left wing of the SPD never forgave Schroeder for Hartz IV.
Adam Tooze (Crashed: How a Decade of Financial Crises Changed the World)
It’s worth noting, incidentally, that most private corporations are fantastically inefficient, although their inefficiency is disguised by collusion with the government: Contrary to their claims of efficiency, most large corporations…spend an inordinate portion of society’s resources on advertising, executive perks and salaries, transportation and communications to far-flung corporate empires, and lobbying expenses. Most depend for their profits and survival on a complex regime of public subsidies, exemptions, and externalized costs, including the indirect subsidies they gain when allowed to pay less than a living wage, maintain substandard working conditions, market hazardous products, dump untreated wastes into the environment, and extract natural resources from public lands at below-market prices. Ralph Estes…estimates that in 1994 corporations extracted more than $2.6 trillion a year in such subsidies in the United States alone—roughly five times their reported profits… It is one of the basic principles of efficient market function that the full costs of a product or service be borne by the seller and passed on to the buyer. Yet many corporations would be forced to close their doors or restructure if they had to bear the true full costs of their operations.123 Americans sometimes think of large size almost as an end in itself, or at least as necessary for economic efficiency. But this is not always the case. In some industries, economies of scale do exist. But large size tends to entail bureaucratic inefficiencies, environmental destruction, allocative inequalities, political corruption, in general significant negative externalities.124
Chris Wright (Worker Cooperatives and Revolution: History and Possibilities in the United States)
What happens to a city when artists, teachers, lawyers, and anyone else making less than $100,000 cannot afford to live in it? Where will the people making coffee for the tech workers in the Mission live if only 4 percent of one-bedrooms in the neighborhood cost below $2,500 a month, making the area essentially off-limits to working-class people? Rebecca Solnit calculated that back in the 1950s and 1960s artists had to work about sixty-five hours a month at minimum wage to afford an apartment. San Francisco's minimum wage today is high for the United States, at $12.25, but a $2,500 apartment (which is on the very cheap end these days), would account for about 200 hours of minimum-wage work. That's more than a full-time job, just to pay the rent.
P.E. Moskowitz (How to Kill a City: Gentrification, Inequality, and the Fight for the Neighborhood)
Inequality did increase as a result of the Industrial Revolution. Between 1780 and 1830 output per labourer in the UK grew over 25 per cent but wages rose barely 5 per cent. The proportion of national income going to the top percentile of the population rose from 25 per cent in 1801 to 35 per cent in 1848. In Paris in 1820, around 9 per cent of the population were classified as ‘proprietors and rentiers’ (living from their investments) and owned 41 per cent of recorded wealth. By 1911 their share had risen to 52 per cent. In Prussia, the share of income going to the top 5 per cent rose from 21 per cent in 1854 to 27 per cent in 1896 and to 43 per cent in 1913.29 Industrial societies, it seems clear, grew more unequal over the course of the nineteenth century.
Niall Ferguson (Civilization: The West and the Rest)
One change we believe should be made is increasing the maximum amount of wages on which Social Security’s contributions are assessed. Contributions are assessed only on the wages that are insured against loss.
David Cay Johnston (Divided: The Perils of Our Growing Inequality)
Wage insurance works best when all workers are covered under the same plan and the coverage starts at the beginning of their working lives. The only entity that can mandate this kind of universal program is the federal government and it has.
David Cay Johnston (Divided: The Perils of Our Growing Inequality)
More importantly, in most countries there were also many policies that ended up redistributing income from the poor to the rich. There have been tax cuts for the rich – top income-tax rates were brought down. Financial deregulation has created huge opportunities for speculative gains as well as astronomical paycheques for top managers and financiers (see Things 2 and 22). Deregulation in other areas has also allowed companies to make bigger profits, not least because they were more able to exploit their monopoly powers, more freely pollute the environment and more readily sack workers. Increased trade liberalization and increased foreign investment – or at least the threat of them – have also put downward pressure on wages. As a result, income inequality has increased in most rich countries. For example, according to the ILO (International Labour Organization) report The World of Work 2008, of the twenty advanced economies for which data was available, between 1990 and 2000 income inequality rose in sixteen countries, with only Switzerland among the remaining four experiencing a significant fall.1 During this period, income inequality in the US, already by far the highest in the rich world, rose to a level comparable to that of some Latin American countries such as Uruguay and Venezuela.
Ha-Joon Chang (23 Things They Don't Tell You about Capitalism)
Rising wage inequality is a by-product of this mechanism and plays a key role in raising the supply of skills. So while the inequality is not particularly welcome in its own right, it is part of a system that is raising living standards for everyone.
Angus Deaton (The Great Escape: Health, Wealth, and the Origins of Inequality)
Since people can only be paid for their goods and services or extract rent from society, less income is available to service the payment of goods and services when proportionally more income is used to pay monopolized rent for land. Essentially, whenever property owners collect rent from rising land values, fewer financial resources are left over for wages and capital investments, and this dynamic can effectively put society on the fast track toward social decline and wealth inequality.
Martin Adams (Land: A New Paradigm for a Thriving World)
The inexorable rise of inequality can be countered at the top by higher taxes on the highest earners who have captured so much more of the income pie than was true forty years ago. At the bottom, an increase in the minimum wage and an expansion of the earned-income tax credit can divert more of the economic pie to those in the bottom half.
Robert J. Gordon (The Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War (The Princeton Economic History of the Western World Book 70))
Low-skilled workers tend to bid down wages for low-skilled work, which sounds bad until you remember that this lowers the cost of the products we all buy. And high-skilled workers bring us all the benefits of their ability, which includes starting new businesses (see the careers of Andrew Carnegie, PayPal’s Elon Musk, Intel’s Andy Grove, and Google’s Sergey Brin, among many others).
Don Watkins (Equal Is Unfair: America's Misguided Fight Against Income Inequality)
The pain is not limited to one generation. It’s widely felt. In the United States, hourly wages have grown by a paltry 0.2 percent since 1979. Things
Bhaskar Sunkara (The Socialist Manifesto: The Case for Radical Politics in an Era of Extreme Inequality)
Capitalism is a social system based on private ownership of the means of production and wage labor. It relies on multiple markets: markets for goods and services, the labor market, and the capital market.
Bhaskar Sunkara (The Socialist Manifesto: The Case for Radical Politics in an Era of Extreme Inequality)
The rise in wage inequality that we observe is mainly driven by the increase in inequality between firms, with some firms paying high wages to all their highly productive workers whose work is scalable and other firms paying low wages to their workers who perform menial services. While inequality between firms has increased, there is little increase in inequality in wages within firms. The top 1 percent worker now earns on average twenty times more than the bottom 99 percent worker in the same firm, which is only slightly higher than what it was in 1980. Nonetheless, there has been a much sharper increase in wage inequality economy-wide, and more than two-thirds of that rise in wage inequality is due to the increase in inequality between firms.
Jan Eeckhout (The Profit Paradox: How Thriving Firms Threaten the Future of Work)
Inequality is much cited for its baleful impacts. In this book, we see inequality as a consequence as much as a cause; if the rich are allowed to enrich themselves through unfair processes that hold down wages, and raise prices, then inequality will certainly rise. But not everyone gets rich that way. Some people invent new tools, drugs, or gadgets, or new ways of doing things, and benefit many, not just themselves. They profit from improving and extending other people’s lives. It is good for great innovators to get rich. Making is not the same as taking. It is not inequality itself that is unfair but rather the process that generates it.
Angus Deaton (Deaths of Despair and the Future of Capitalism)
. . . just as alcohol is not the cause of capitalism's problems, it is also not the cure. Wine does not alleviate wage inequality or the lack of affordable childcare. If people mocking wine moms on Instagram were truly concerned about their health and welfare, they might instead try working toward getting women the support they desperately need.
Mallory O'Meara (Girly Drinks: A World History of Women and Alcohol)
When fewer workers produce more, wages rise.
Daniel Markovits (The Meritocracy Trap: How America's Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite)
The preaching goes on, interrupted with dutiful "amens." It would be nice if someone would read this sad-eyed crowd the Sermon on the Mount, accompanied by a rousing commentary on income inequality and the need for a hike in the minimum wage. But Jesus makes his appearance here only as a corpse; the living man, the wine-guzzling vagrant and precocious socialist, is never once mentioned, nor anything he ever had to say. Christ crucified rules, and it may be that the true business of modern Christianity is to crucify him again and again so that he can never get a word out of his mouth. I would like to stay around for the speaking in tongues, should it occur, but the mosquitoes, worked into a frenzy by all this talk of His blood, are launching a full-scale attack. I get up to leave, timing my exit for when the preacher's metronomic head movements have him looking the other way, and walk out to search for my car, half expecting to find Jesus out there in the dark, gagged and tethered to a tent pole.
Barbara Ehrenreich (Nickel and Dimed: On (Not) Getting By in America)
This moment of global inequality demands incompetent subjects. The status quo and ever-intensifying versions of it require incompetent consumers who will learn to want technological solutions to their political problems. Are you starving even though there is food? Here is an app to connect you with the charity that is filling that hole in our ragged social safety net. Are global profits being extracted by the financial class while driving down wages and quality of work, even for people with expensive college educations? Here is a website where you can purchase a credential that might help you get a new job, one where you will likely be in the same position again in eighteen months. Your structural incompetence generates ever more sophisticated consumption goods, goods that reinforce status games of who is deserving and who is not.
Tressie McMillan Cottom (Thick: And Other Essays)
Advocate for Progressive Taxation: Support policies that promote progressive taxation, where the wealthy pay their fair share. Engage with advocacy groups and contact your representatives to push for tax reforms that reduce inequality. Support Regulatory Frameworks: Advocate for robust regulatory frameworks that protect consumers, workers, and the environment. Join organizations that work towards strengthening regulations and hold policymakers accountable. Defend Public Services: Stand against the privatization of essential public services. Support initiatives that prioritize the public good over profit and work to ensure that services like healthcare, education, and infrastructure remain accessible to all. Promote Economic Justice: Engage in efforts to reduce economic inequality by supporting policies that increase the minimum wage, expand access to affordable healthcare, and provide opportunities for education and training. Join movements that fight for economic justice and social equity. Educate and Mobilize: Spread awareness about the risks of Project 2025’s economic policies. Host discussions, share information on social media, and participate in grassroots movements to mobilize others in the fight for a fairer economic system.
Carl Young (Project 2025: Exposing the Hidden Dangers of the Radical Agenda for Everyday Americans (Project 2025 Blueprints))
By now, they rank people by income level or wages roughly the same: The bottom seventy per cent or so are virtually disenfranchised; they have almost no influence on policy, and as you move up the scale you get more influence. At the very top, you basically run the show.
Noam Chomsky
Talk about a group that is REALLY suffering, it's women in America. To be a woman in America is just to live under this sword of wage inequality. Ask her in 20 years from now, "Patricia Arquette, you had the chance to talk to millions of people in over 100 countries. What did you decide to talk about? With women being traded as sex slaves in the tens of thousands under Islamic rule, in Africa and the middle East, and WHAT did you decide to talk about?" Wage inequality in America. You're a moral fool. If in fact women really got 77 cents to the dollar, why would any employer hire men? If I can get the exact same work and save almost 25%, you would have to be an idiot to hire a man! It's all nonsense. It's all a lie.
Dennis Prager
If everyone were free to migrate from one country to another, wages in rich countries would fall and wages in poor countries would rise, and the world would be a much more equal place. Of course, opposition to lower wages in rich countries is precisely why people are not permitted to migrate at will, and it is why meals and haircuts are so cheap in poor countries. The price of land, like the price of labor, cannot be arbitraged between rich countries and poor countries. Cheap housing in India or Africa cannot be brought up to American prices by simply moving the land across the ocean. The presence of cheap land and cheap labor in poor countries explains why price levels in poor countries are so much lower than in rich countries. The market sets the exchange rate to equalize the prices of steel, gasoline, automobiles, and computers—everything that can be and is part of international trade—but the price level depends on goods and services that cannot be traded. Because those are cheaper in poor places, the poorer the country, the lower are the average prices.
Angus Deaton (The Great Escape: Health, Wealth, and the Origins of Inequality)
Today displaced workers wait for entrepreneurs, companies, investors, and other properly trained risk-takers to create jobs that employ them at high wages.
Edward Conard (The Upside of Inequality: How Good Intentions Undermine the Middle Class)
Higher payoffs for success increase the supply of properly trained talent, and these higher payoffs motivate innovators, entrepreneurs, and investors to take risks. These two effects loosen the current constraints on growth, which frees the economy to grow faster. Faster growth increases middle- and working-class wages when the supply of lesser-skilled labor is constrained. Otherwise, it increases employment rather than wages. With smaller payoffs, growth would be even slower than it is. Naturally,
Edward Conard (The Upside of Inequality: How Good Intentions Undermine the Middle Class)
over the last three decades those with low wages (in the bottom 90 percent) have seen a growth of only around 15 percent in their wages, while those in the top 1 percent have seen an increase of almost 150 percent and the top 0.1 percent of more than 300 percent.27 Meanwhile,
Joseph E. Stiglitz (The Price of Inequality: How Today's Divided Society Endangers Our Future)
hat are the effects of increasing minimum wages?” asks Paul Krugman. “Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.
Don Watkins (Equal Is Unfair: America's Misguided Fight Against Income Inequality)
In addition to the external barriers erected by society, women are hindered by barriers that exist within ourselves. We hold ourselves back in ways both big and small, by lacking self-confidence, by not raising our hands, and by pulling back when we should be leaning in. We internalize the negative messages we get throughout our lives - the messages that say it's wrong to be outspoken, aggressive, more powerful than men. We lower our own expectations of what we can achieve. We continue to do the majority of the housework and child care. We compromise our career goals to make room for partners and children who may not even exist yet. Compared to our male colleagues, fewer of us aspire to senior positions. This is not a list of things other women have done. I have made every mistake on this list. At times, I still do. My argument is that getting rid of these internal barriers is critical to gaining power. Others have argued that women can get to the top only when the institutional barriers are gone. This is the ultimate chicken-and-egg situation. The chicken: Women will tear down the external barriers once we achieve leadership roles. We will march into our bosses' offices and demand what we need, including pregnancy parking. Or better yet, we'll become bosses and make sure all women have what they need. The egg: We need to eliminate the external barriers to get women into those roles in the first place. Both sides are right. So rather than engage in philosophical arguments over which comes first, let's agree to wage battles on both fronts. They are equally important. I am encouraging women to address the chicken, but I fully support those who are focusing on the egg. Internal obstacles are rarely discussed and often underplayed. Throughout my life, I was told over and over about inequalities in the workplace and how hard it would be to have a career and a family. I rarely heard anything, however, about the ways I might hold myself back. These internal obstacles deserve a lot more attention, in part because they are under our own control. We can dismantle the hurdles in ourselves today. We can start this very moment.
Sheryl Sandberg
Moreover, these changes occurred when most American households actually found their real incomes stagnant or declining. Median household income for the last four decades is shown in the chart above. But this graph, disturbing as it is, conceals a far worse reality. The top 10 percent did much better than everyone else; if you remove them, the numbers change dramatically. Economic analysis has found that “only the top 10 percent of the income distribution had real compensation growth equal to or above . . . productivity growth.”14 In fact, most gains went to the top 1 percent, while people in the bottom 90 percent either had declining household incomes or were able to increase their family incomes only by working longer hours. The productivity of workers continued to grow, particularly with the Internet revolution that began in the mid-1990s. But the benefits of productivity growth went almost entirely into the incomes of the top 1 percent and into corporate profits, both of which have grown to record highs as a fraction of GNP. In 2010 and 2011 corporate profits accounted for over 14 percent of total GNP, a historical record. In contrast, the share of US GNP paid as wages and salaries is at a historical low and has not kept pace with inflation since 2006.15 As I was working on this manuscript in late 2011, the US Census Bureau published the income statistics for 2010, when the US recovery officially began. The national poverty rate rose to 15.1 percent, its highest level in nearly twenty years; median household income declined by 2.3 percent. This decline, however, was very unequally distributed. The top tenth experienced a 1 percent decline; the bottom tenth, already desperately poor, saw its income decline 12 percent. America’s median household income peaked in 1999; by 2010 it had declined 7 percent. Average hourly income, which corrects for the number of hours worked, has barely changed in the last thirty years. Ranked by income equality, the US is now ninety-fifth in the world, just behind Nigeria, Iran, Cameroon, and the Ivory Coast. The UK has mimicked the US; even countries with low levels of inequality—including Denmark and Sweden—have seen an increasing gap since the crisis. This is not a distinguished record. And it’s not a statistical fluke. There is now a true, increasingly permanent underclass living in near-subsistence conditions in many wealthy states. There are now tens of millions of people in the US alone whose condition is little better than many people in much poorer nations. If you add up lifetime urban ghetto residents, illegal immigrants, migrant farm-workers, those whose criminal convictions sharply limit their ability to find work, those actually in prison, those with chronic drug-abuse problems, crippled veterans of America’s recently botched wars, children in foster care, the homeless, the long-term unemployed, and other severely disadvantaged groups, you get to tens of millions of people trapped in very harsh, very unfair conditions, in what is supposedly the wealthiest, fairest society on earth. At any given time, there are over two million people in US prisons; over ten million Americans have felony records and have served prison time for non-traffic offences. Many millions more now must work very long hours, and very hard, at minimum-wage jobs in agriculture, retailing, cleaning, and other low-wage service industries. Several million have been unemployed for years, exhausting their savings and morale. Twenty or thirty years ago, many of these people would have had—and some did have—high-wage jobs in manufacturing or construction. No more. But in addition to growing inequalities in income and wealth, America exhibits
Charles H. Ferguson (Inside Job: The Rogues Who Pulled Off the Heist of the Century)
The struggle being waged today, where there is any struggle being waged at all, is closer to the one that was addressed in 1896 in Plessy v. Ferguson, in which the court accepted segregated institutions for black people, stipulating only that they must be equal to those open to white people. The dual society, at least in public education, seems in general to be unquestioned.
Jonathan Kozol (Savage Inequalities: Children in America's Schools)
But the basic structure of capitalism, in which a small number own most of the productive assets, guarantees that the vast majority of people will (at best) spend their lives earning wages, but never profits.
Michael A. McCarthy, ABC's of Socialism
Minimum wages have not kept up with inflation (so that the real federal minimum wage in the United States in 2011 is 15 percent lower than it was almost a third of a century ago, in 1980);
Joseph E. Stiglitz (The Price of Inequality: How Today's Divided Society Endangers Our Future)
Both the immigration legislation and the draconian regime of high tariffs (the Ford–McCumber tariff of 1922 and the Smoot–Hawley tariff of 1930) converted the U.S. into a relatively closed economy during the three decades between 1930 and 1960. The lack of competition for jobs from recent immigrants made it easier for unions to organize and push up wages in the 1930s. The high tariff wall allowed American manufacturing to introduce all available innovations into U.S.-based factories without the outsourcing that has become common in the last several decades. The lack of competition from immigrants and imports boosted the wages of workers at the bottom and contributed to the remarkable “great compression” of the income distribution during the 1940s, 1950s, and 1960s.36 Thus the closing of the American economy through restrictive immigration legislation and high tariffs may indirectly have contributed to the rise of real wages in the 1930s, the focus of innovative investment in the domestic economy, and the general reduction of inequality from the 1920s to the 1950s.
Robert J. Gordon (The Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War (The Princeton Economic History of the Western World))
For most people, wages are the most important source of income. Macroeconomic and monetary policies that result in higher unemployment—and lower wages for ordinary citizens—are a major source of inequality in our society today. Over the past quarter century macroeconomic and monetary policies and institutions have failed to produce stability; they failed to produce sustainable growth; and, most importantly, they failed to produce growth that benefited most citizens in our society. In
Joseph E. Stiglitz (The Price of Inequality: How Today's Divided Society Endangers Our Future)
We’re taught to think of the minimum wage as a mechanism for helping people earn more. What it actually does is prevent people from deciding for themselves what pay to accept. If you can’t find an employer to hire you at $7.25 an hour (the federal minimum wage as of this writing), then you are legally barred from accepting a lower-paying job.
Don Watkins (Equal Is Unfair: America's Misguided Fight Against Income Inequality)
That’s what happened at Ford, for example. In 1914, Henry Ford famously raised his starting wage to $5 a day (nearly $120 in today’s dollars). He had to: turnover at Ford in 1913 had been 370 percent.37 In order to find and keep the workers who were assembling his increasingly profitable cars, Ford had to be willing to outbid his competitors (which included not only other car makers, but every other employer bidding for his prospective employees).
Don Watkins (Equal Is Unfair: America's Misguided Fight Against Income Inequality)
The essence of economic inequality is borne out in a simple fact: there are 400 billionaires in the United States and 45 million people living in poverty. These are not parallel facts; they are intersecting facts. There are 400 American billionaires
Keeanga-Yamahtta Taylor (From #BlackLivesMatter to Black Liberation)
Systems of supremacy and domination ultimately imperil even those who, in many crucial respects, benefit from them. Racism, while it elevates whiteness, is weaponized to erode the welfare and wages that would enable white people to lead healthier, less precarious lives. Misogyny hurts men economically and emotionally, as gendered pay gaps suppress overall wages and through the trap of destructive and often violent standards of masculinity. Transphobia impacts everyone by imposing state-sponsored gender norms and curtailing freedom and self-expression. Ableism, by devaluing and dehumanizing the disabled, dissuades people from demanding the social services and public assistance they need as they cope with illness or aging. The inequality and pursuit of endless growth that drive climate change endanger the homes, infrastructure, and supply chains on which the wealthy and working class both rely—not to mention the complex ecosystems in which we are all embedded. Solidarity, in other words, is not selfless. Siding with others is the only way to rescue ourselves from the catastrophes that will otherwise engulf us.
Astra Taylor (Solidarity: The Past, Present, and Future of a World-Changing Idea)
Twenty bucks an hour is no great wage in New York, a city where the middle class starts somewhere in the six figures.
A.D. Aliwat (In Limbo)