Economic Inequality

Income and Wealth Inequality: Crash Course Economics

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Duration: 10:16
Updated: 06 Dec 2015
views: 225532

Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids

wn.com/Income And Wealth Inequality Crash Course Economics

Wealth Inequality in America

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Duration: 6:24
Updated: 20 Nov 2012
views: 18069439

Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is. References: http://www.motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph http://danariely.com/2010/09/30/wealth-inequality/ http://thinkprogress.org/economy/2011/10/03/334156/top-five-wealthiest-one-percent/ http://money.cnn.com/2012/04/19/news/economy/ceo-pay/index.htm

wn.com/Wealth Inequality In America

Richard Wilkinson: How economic inequality harms societies

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Duration: 16:55
Updated: 24 Oct 2011
views: 398356

http://www.ted.com We feel instinctively that societies with huge income gaps are somehow going wrong. Richard Wilkinson charts the hard data on economic inequality, and shows what gets worse when rich and poor are too far apart: real effects on health, lifespan, even such basic values as trust. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes. Featured speakers have included Al Gore on climate change, Philippe Starck on design, Jill Bolte Taylor on observing her own stroke, Nicholas Negroponte on One Laptop per Child, Jane Goodall on chimpanzees, Bill Gates on malaria and mosquitoes, Pattie Maes on the "Sixth Sense" wearable tech, and "Lost" producer JJ Abrams on the allure of mystery. TED stands for Technology, Entertainment, Design, and TEDTalks cover these topics as well as science, business, development and the arts. Closed captions and translated subtitles in a variety of languages are now available on TED.com, at http://www.ted.com/translate.

wn.com/Richard Wilkinson How Economic Inequality Harms Societies

Last Week Tonight with John Oliver: Wealth Gap (HBO)

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Duration: 14:10
Updated: 14 Jul 2014
views: 9560201

John Oliver discusses America's growing wealth gap and why it may be a problem in the future. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lwt

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An Animated Video Explains Economic Inequality

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Duration: 7:50
Updated: 18 Dec 2012
views: 34766

wn.com/An Animated Video Explains Economic Inequality

Bernie Brief: Income Inequality | Ep. 1

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Duration: 8:38
Updated: 14 Sep 2015
views: 223391

Bernie Sanders explains the one issue the billionaire class wants us to avoid -- and change. Read more about Income Inequality on our website: http://bernie.to/IncomeInequality --------- ★ Join the political revolution at www.berniesanders.com ★ Connect with Bernie: Facebook → https://www.facebook.com/berniesanders/ Twitter → https://twitter.com/berniesanders Instagram → https://www.instagram.com/berniesanders/ Tumblr → http://berniesanders.tumblr.com/ Snapchat → bernie.sanders ★ About Bernie: Bernie Sanders is a Democratic candidate for President of the United States. He is serving his second term in the U.S. Senate after winning re-election in 2012 with 71 percent of the vote. Sanders previously served as mayor of Vermont’s largest city for eight years before defeating an incumbent Republican to be the sole congressperson for the state in the U.S. House of Representatives. He lives in Burlington, Vermont with his wife Jane and has four children and seven grandchildren. Bernard “Bernie” Sanders was born in Brooklyn, New York, to immigrant parents and grew up in a small, rent-controlled apartment. His father came to the United States from Poland at the age of 17 without much money or a formal education. While attending the University of Chicago, a 20-year-old Sanders led students in a multi-week sit-in to oppose segregation in off-campus housing owned by the university as a Congress of Racial Equality (CORE) officer. In August of 1963, Sanders took an overnight bus as an organizer for the Student Nonviolent Coordinating Committee to hear Martin Luther King Jr.’s historic “I Have a Dream” speech firsthand at the March on Washington for Jobs and Freedom. After graduation, Bernie moved to Vermont where he worked as a carpenter and documentary filmmaker. In 1981, he was elected as mayor of Burlington as an Independent by a mere 10 votes, shocking the city’s political establishment by defeating a six-term, local machine mayor. In 1983, Bernie was re-elected by a 21 point margin with a record amount of voter turnout. Under his administration, the city made major strides in affordable housing, progressive taxation, environmental protection, child care, women’s rights, youth programs and the arts. In 1990, Sanders was elected to the House of Representatives as the first Independent in 40 years and joined the Democratic caucus. He was re-elected for eight terms, during which he voted against the deregulation of Wall Street, the Patriot Act, and the invasion of Iraq. In 2006, Sanders defeated the richest man in Vermont to win a seat in the U.S. Senate as an Independent. Known as a “practical and successful legislator,” Sanders served as chairman of the Committee on Veterans’ Affairs where he authored and passed the most significant veteran health care reform bill in recent history. While in the Senate, Sanders has fought tirelessly for working class Americans against the influence of big money in politics. In 2010, he gave an eight-and-a-half hour filibuster-like speech on the Senate floor in opposition to extending Bush-era tax breaks for the wealthy. In 2015, the Democratic leadership tapped Bernie to serve as the caucus’ ranking member of the Senate Budget Committee. Known for his consistency on the issues, Senator Sanders has supported the working class, women, communities of color, and the LGBT community throughout his career. He is an advocate for the environment, unions, and immigrants. He voted against Keystone XL, opposes the Trans-Pacific Partnership deal, wants to expand the Voting Rights Act, and pass the Equal Rights Amendment. To learn more about Bernie on the issues, click here: https://berniesanders.com/issues/

wn.com/Bernie Brief Income Inequality | Ep. 1

Inequality is real, it's personal, it's expensive and it was created

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Duration: 2:29
Updated: 20 Jun 2013
views: 168318

---------------------------------- Visit http://inequality.is/ ---------------------------------- Inequality is real, it's personal, it's expensive and it was created. Today, 1% of Americans are taking home nearly 20% of the country's total income and own nearly 35% of the country's wealth. This didn't happen by accident. As former Secretary of Labor Robert Reich explains, we allowed it to happen. We can't have a prosperous economy without a strong and prosperous middle class. Inequality can be fixed. So, let's fix it. inequality.is, a new interactive site from the Economic Policy Institute, explains the causes of and solutions to income inequality. ------------------------------------- The recent past has seen greater economic inequality in America than at any time since the Great Depression . In the three decades after World War II American incomes grew quickly and equally, but starting in the late 1970s things began to change. Today, 1% of Americans are taking home nearly 20 percent of the country's total income, and own more than 35% of America's wealth. And it didn't happen by accident. It's the result of policy decisions on taxes, education, trade, labor, macroeconomics, and financial regulation -- all of which shifted economic power away from low and moderate-income American families. Economic inequality is real, it's personal, it's expensive. And it was created. Since the 1960s, tax rates on very high incomes have been slashed dramatically, starving public investments in schools and roads and everything else needed to build our economy, and providing ever-greater incentives to rig the economy's rules to send more money to the top The laws we've created to govern globalization have protected corporate interests, but done nothing for American workers. Instead, we've allowed worker's rights to be systematically dismantled, both here and abroad. Policymakers also began using high unemployment -- which hurts everybody, but especially low and middle-wage workers -- to protect the wealthy from any hint of inflation. And, then, corporate interests pushed to abandon safeguards preventing the financial sector from making risky bets, which had to be backstopped by American taxpayers when those bets went sour -- a protection not given America's underwater homeowners. All of this created the worst economic crisis since the 1930s -- and we did it by allowing those with the most economic power to set the rules of our economy. It's continuing today. By the end of 2012, American workers' share of the economic pie was the lowest in more than half a century while the share going to corporate profits was the highest on record. This isn't sustainable. We can't have a prosperous economy without a large and growing middle-class. None of this happened by accident. We allowed it to happen. But it can be fixed. So let¹s fix it.

wn.com/Inequality Is Real, It's Personal, It's Expensive And It Was Created

Global Wealth Inequality - What you never knew you never knew

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Duration: 3:51
Updated: 03 Apr 2013
views: 713574

For more info go to www.therules.org Production Company: Grain Media (grainmedia.co.uk); Motion Graphics Artist: Nick Pittom (nickpittom.com); Music: Sup Doodle and Apple Juice Kid (AppleJuiceKid.com); References: http://www.therules.org/inequality-video-fact-sheet; Accompanying article in Al Jazeera: http://www.aljazeera.com/indepth/opinion/2013/04/201349124135226392.html

wn.com/Global Wealth Inequality What You Never Knew You Never Knew

Thomas Piketty on Economic Inequality

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Duration: 17:20
Updated: 23 Apr 2014
views: 25009

"Every now and then, the field of economics produces an important book; this is one of them," writes Tyler Cowen in his Foreign Affairs review of Thomas Piketty's Capital in the Twenty-First Century. "Piketty's tome will put capitalist wealth back at the center of public debate, resurrect interest in the subject of wealth distribution, and revolutionize how people view the history of income inequality." But Cowen deems Piketty's main prescription, a proposal for the global taxation of wealth, "an unsatisfying conclusion to a groundbreaking work of analysis that is frequently brilliant -- but flawed, as well." Justin Vogt, deputy managing editor of Foreign Affairs, recently sat down with Piketty to discuss his analysis of inequality and his controversial policy proposals. Read Cowen's review here: http://fam.ag/1gRpnKn

wn.com/Thomas Piketty On Economic Inequality

'Pernicious' Effects of Economic Inequality

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Duration: 9:24
Updated: 22 Jun 2013
views: 27171

It's been said that money is the root of all evil. Does money make people more likely to lie, cheat and steal? Economics correspondent Paul Solman reports on new research from the University of California, Berkeley about how wealth and inequality affects us psychologically.

wn.com/'Pernicious' Effects Of Economic Inequality

The Politics and Economics of Inequality

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Duration: 54:50
Updated: 30 Jun 2014
views: 31086

Some inequality of income and wealth is inevitable, if not necessary. If an economy is to function well, people need incentives to work hard and innovate. The pertinent question is not whether income and wealth inequality is good or bad. It is at what point do these inequalities become so great as to pose a serious threat to our economy, our ideal of equal opportunity and our democracy. Professor Robert Reich examines what's happened to income and wealth in this country, why it's a problem, and what we can expect in future years.

wn.com/The Politics And Economics Of Inequality

Economic inequality UK 2013

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Duration: 3:01
Updated: 29 Oct 2013
views: 2786

http://www.taskblob.com -graphic design services and more... Economic inequality (also described as the gap between rich and poor, income inequality, wealth disparity, or wealth and income differences) is the difference between individuals or populations in the distribution of their assets, wealth, or income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among countries. The issue of economic inequality involves equity, equality of outcome, equality of opportunity, and life expectancy.[1] Opinions differ on the utility of inequality and its effects. A 2010 study considered it beneficial,[2] while other recent studies consider it a growing social problem.[3] While some inequality promotes investment, too much inequality is destructive.[4] Income inequality can hinder long term growth.[5][6][7] Statistical studies comparing inequality to year-over-year economic growth have been inconclusive;[8] however in 2011, researchers from the International Monetary Fund published that income equality was more determinate of the duration of countries' growth spells than free trade, low government corruption, foreign investment, or low foreign debt.[4] Economic inequality varies between societies, historical periods, economic structures and systems (for example, capitalism or socialism), and between individuals' abilities to create wealth. The term can refer to cross sectional descriptions of the income or wealth at any particular period, and to the lifetime income and wealth over longer periods of time.[9] There are various numerical indices for measuring economic inequality. A prominent one is the Gini coefficient, but there are also many other methods.

wn.com/Economic Inequality UK 2013

Does U.S. Economic Inequality Have a Good Side?

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Duration: 8:59
Updated: 27 Oct 2011
views: 20678

A new Congressional Budget Office analysis supports the idea that income inequality has grown considerably over the past few decades. As part of his Making Sen$e series on economic inequality, Paul Solman talks to libertarian law professor Richard Epstein, who argues that wealth inequality acts as a driving force for innovation.

wn.com/Does U.S. Economic Inequality Have A Good Side

Richard Wolff on Economic Inequality

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Duration: 13:30
Updated: 24 Aug 2014
views: 5820

Economist Richard D. Wolff on the rising economic inequality from 1979 - 2012.

wn.com/Richard Wolff On Economic Inequality

Paul Krugman & Tony Atkinson in Conversation | Inequality and Economic Growth

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Duration: 86:55
Updated: 30 May 2013
views: 19532

As we endure the slow, uneven recovery from the "Great Recession," there is no more critical or timely question than that of the relationship between economic growth and inequality. On May 20, 2013 at the Graduate Center of the City University of New York, two of the world's most preeminent economists discussed the connection between prosperity for some and poverty for others. Paul Krugman is Professor of Economics and International Affairs at Princeton University, a 2008 Nobel laureate, and an Op-Ed columnist for the New York Times @NYTimeskrugman. He is the author of numerous books, including the recently published End This Depression Now! Sir Tony Atkinson, Professor of Economics at the University of Oxford, is one of the world's foremost scholars of inequality and the author or editor of more than thirty books on inequality and related topics. He recently coedited Top Incomes: A Global Perspective, a volume that analyses high-end income inequality around the world. Moderated by Chrystia Freeland, managing director and editor of consumer news at Thomson Reuters and author of Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else @cafreeland. Presented by the Advanced Research Collaborative @ARCCUNY and LIS @lisdata. ARC: http://www.gc.cuny.edu/arc ARC Commons: http://research.commons.gc.cuny.edu/ LIS: http://www.lisdatacenter.org/ LIS Center: http://liscenter.gc.cuny.edu/ GC: http://www.gc.cuny.edu/

wn.com/Paul Krugman Tony Atkinson In Conversation | Inequality And Economic Growth

How Income Inequality and the Lack of Economic Mobility Threaten the American Dream (2013)

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Duration: 48:17
Updated: 20 Jan 2014
views: 5259

Economic mobility is the ability of an individual, family or some other group to improve (or lower) their economic status—usually measured in income. Economic mobility is often measured by movement between income quintiles. Economic mobility may be considered a type of social mobility, which is often measured in change in income. http://en.wikipedia.org/wiki/Economic_mobility Socio-economic mobility in the United States refers to the movement of Americans from one social class or economic level to another, often by changing jobs or marrying. This "vertical" mobility can be the change in socioeconomic status between parents and children ("inter-generational"); or over the course of a lifetime ("intra-generational"). It typically refers to "relative mobility" — the chance that an American's income/status will rise or fall compared to others in another income/status group—but can also be "absolute"—whether (and by how much) living standards in America have increased. Belief in strong social and economic mobility—that Americans can and do rise from humble origins to riches—has been called a "civil religion", "the bedrock upon which the American story has been anchored", and part of the American identity (the American Dream), celebrated in the lives of famous Americans such as Benjamin Franklin and Henry Ford, and in popular culture (from the books of Horatio Alger and Norman Vincent Peale to the song "Movin' on Up"). Opinion polls show that this belief has been both stronger in the US than in years past, and stronger than in other developed countries. However, in recent years several large studies have found that vertical inter-generational mobility is lower, not higher, in the US than in those countries. The Brookings Institution said in 2013 that income inequality was increasing and becoming permanent, sharply reducing social mobility. http://en.wikipedia.org/wiki/Socio-economic_mobility_in_the_United_States Income inequality in the United States has grown significantly since the early 1970s, after several decades of stability, and has been the subject of study of many scholars and institutions. While inequality has risen among most developed countries, and especially English-speaking ones, it is highest in the United States. Income inequality (as measured by the Gini coefficient) is not uniform among the states: after-tax income inequality in 2009 was greatest in Texas and lowest in Maine. Most of the growth has been between the middle class and top earners, with the disparity becoming more extreme the further one goes up in the income distribution.[12] A 2011 study by the CBO[13] found that the top earning 1 percent of households increased their income by about 275% after federal taxes and income transfers over a period between 1979 and 2007, compared to a gain of just under 40% for the 60 percent in the middle of America's income distribution.[13] Other sources find that the trend has continued since then.[14] In spite of this data, only 42% of Americans think inequality has increased in the past ten years.[15] In 2012, the gap between the richest 1 percent and the remaining 99 percent was the widest it's been since the 1920s.[16] Incomes of the wealthiest 1 percent rose nearly 20 percent, whereas the income of the remaining 99 percent rose 1 percent in comparison.[16] Scholars and others differ as to the causes, solutions, and the significance of the trend,[17] which in 2011 helped ignite the "Occupy" protest movement. Education and increased demand for skilled labor are often cited as causes,[18] some have emphasized the importance of public policy; others believe the cause(s) of inequality's rise are not well understood.[13] Inequality has been described both as irrelevant in the face of economic opportunity (or social mobility) in America, and as a cause of the decline in that opportunity.[19][20][21] Yale professor and economist Robert J. Shiller, who was among three Americans who won the Nobel prize for economics in 2013, believes that rising economic inequality in the United States and other countries is "the most important problem that we are facing now today."[22] Pope Francis echoed this sentiment in his Evangelii Gaudium, stating that "as long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of markets and financial speculation and by attacking the structural causes of inequality, no solution will be found for the world's problems or, for that matter, to any problems."[23] President Barack Obama referred to the widening income gap as the "defining challenge of our time." http://en.wikipedia.org/wiki/Income_inequality_in_the_United_States

wn.com/How Income Inequality And The Lack Of Economic Mobility Threaten The American Dream (2013)

Inequality in the UK

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Duration: 8:14
Updated: 13 May 2014
views: 14464

Should we care about inequality? This short film shows the differences between rich and poor in the UK and how this has changed over the past 50 years. The film is produced by Econ Films for the Centre for Economic Performance. It is funded by the Economic and Social Research Council and uses data from the Office for National Statistics, British Household Survey and Institute for Fiscal Studies. For more explanation, see the follow-on film: http://tinyurl.com/m9m4234 For more details, please visit: http://cep.lse.ac.uk/ Selected sources: -A recent survey asked a group of over 3,000 British citizens how they think income is divided in the UK [SOURCE: British Social Attitudes Survey] -When asked, three out of every four people said they thought inequality was too high [SOURCE: British Social Attitudes Survey] -Total household income of the UK -- that's around £900 billion [Based on 29.5 million taxpayers in the UK. SOURCE: 'Racing away? Income inequality and the evolution of high incomes', http://www.ifs.org.uk/bns/bn76.pdf] -Based on the latest data for the year 2012, once taxes have been paid, benefits added, and adjustments made for whether people live alone or as part of a family, this is how income is divided. This is the actual inequality of household income in the UK [For details on how inequality is calculated, see: http://www.ifs.org.uk/wheredoyoufitin/about.php] - We can now show how the UK's wealth of around £10 trillion is shared. [SOURCE: Chapter 2, 2012 report, http://www.ons.gov.uk/ons/rel/was/wealth-in-great-britain-wave-2/2008-2010--part-2-/report--chapter-2--total-wealth.html.] -Data on social mobility. SOURCE: Blanden, J, A Goodman, P Gregg, and S Machin (2004), 'Changes in Intergenerational Mobility in Britain' - Data on income and wealth inequality is combined from the Office for National Statistics and the Institute for Fiscal Studies [Living standards, Poverty and Inequality in the UK:2013http://www.ifs.org.uk/comms/r81.pdf ]

wn.com/Inequality In The UK

Paul Krugman - Income Inequality and the Middle Class

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Duration: 7:15
Updated: 30 Nov 2007
views: 133642

Complete video at: http://fora.tv/2007/10/30/Paul_Krugman_Future_of_the_Middle_Class Nobel Prize-winning economist and New York Times Op-Ed columnist Paul Krugman discusses the history of the American "middle class," and argues that growing income inequality may threaten its existence. ----- Paul Krugman discusses "Losing Our Way in the New Century: The Future of the Middle Class?" Krugman brings a sharp political, social and economic analysis of what happened to the middle class of the 20th century and where America's social policy is headed in the future. Krugman is the most widely read economist of our time and was named Columnist of the Year by Editor and Publisher magazine. - The Commonwealth Club Paul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University. Mr. Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. At MIT he became the Ford International Professor of Economics. Mr. Krugman is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes. His professional reputation rests largely on work in international trade and finance; he is one of the founders of the "new trade theory," a major rethinking of the theory of international trade. Mr. Krugman's current academic research is focused on economic and currency crises. At the same time, Mr. Krugman has written extensively for a broader public audience. Some of his recent articles on economic issues, originally published in Foreign Affairs, Harvard Business Review, Scientific American and other journals, are reprinted in Pop Internationalism and The Accidental Theorist.

wn.com/Paul Krugman Income Inequality And The Middle Class

Obama: Income inequality is defining challenge for the U.S.

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Duration: 48:27
Updated: 04 Dec 2013
views: 14944

Speaking at an event sponsored by the left-leaning think tank Center for American Progress, President Barack Obama said the income gap between America's rich and poor is a "defining challenge of our time."Income inequality has jeopardized the nation's middle class, he added.The president is also urging Washington to take steps to ensure that the economy benefits everyone.

wn.com/Obama Income Inequality Is Defining Challenge For The U.S.

Sen. Ted Cruz: "The Obama economic agenda has exacerbated income inequality"

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Duration: 3:15
Updated: 28 Jan 2014
views: 17819

"The single biggest lie in politics is that Republicans are the party of the rich," says Sen. Ted Cruz (R-Texas). "The dirty little secret is that the rich do just fine with Big Government." Reason TV caught up with Cruz in Houston at the kickoff to National School Choice Week. During the interview the senator discussed income inequality, how the problem has has gotten "significantly worse" under Obama, and why the country should be focusing on how policies impact those who are struggling. "Right now today the top 1%, the millionaires and billionaires that the president loves to demagogue, earn a higher share of our national income than any time since 1928." Camera and editing by Sharif Mattar. Interview by Todd Krainin. Approximately 3:15 minutes. Subscribe to Reason TV's YouTube Channel to receive automatic updates when new stories go liv

wn.com/Sen. Ted Cruz The Obama Economic Agenda Has Exacerbated Income Inequality

Martin Luther King, Jr. on Income Inequality and Redistribution of Wealth + James Baldwin

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Duration: 10:54
Updated: 20 Jan 2014
views: 62524

martin luther king, james baldwin, income inequality, redistribution of wealth, capitalism, socialism, vietnam, mlk

wn.com/Martin Luther King, Jr. On Income Inequality And Redistribution Of Wealth James Baldwin

President Obama Speaks on Economic Mobility

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Duration: 48:16
Updated: 04 Dec 2013
views: 30711

President Obama discusses the twin challenges of growing income inequality and shrinking economic mobility and how they pose a fundamental threat to the American Dream.

wn.com/President Obama Speaks On Economic Mobility

South Africa: Using Fiscal Policy to Address Economic Inequality

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Duration: 3:16
Updated: 03 Nov 2014
views: 1925

The division of wealth and income in South Africa remains inadequate to address apartheid’s crippling economic legacy, but South Africa is facing the challenge head on. Fiscal policy is working to redistribute income, reduce inequality and substantially lower poverty in the country.

wn.com/South Africa Using Fiscal Policy To Address Economic Inequality