Earlier quoted context omitted.
It's pretty obvious that there has been an enlarging wealth gap and poverty rate has increased. What I don't understand is that the current narrative is to attribute such unfortunate events to systemic racism. Shouldn't we at least look at class difference, shift of industry trend, impact of policies, i.e., take the holistic view?
I contend that the real tragedy of American politics is that what ought to be class/labor issues gets sidetracked into race issues. If poor whites would stop thinking in terms of race and instead think in terms of class and economic justice then real progress could be made. Lyndon Johnson had a famous quote about just this. https://www.snopes.com/fact-check/lbj-convince-the-lowest-wh...
U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
141–150 of 252 posts
Re: U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
#142Earlier quoted context omitted.
> I don't know why we always go back to income inequality Because it's pretty well established that outside of the most abject poverty, relative deprivation is a more significant factor driving experienced disutility than absolute material condition, contrary to the naive assumptions many people make that increasing individual absolute material condition increases individual utility independent of external context. T…
That reads as an argument but my lack of English skills makes it hard to understand what exactly are you saying. However, it does seem to me that that you still haven't addressed one of the main points you're responding to, that we can have perfect equality where everyone lives as the average person below poverty line today. Would that be a better society considering your arguments?
Re: U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
#143Earlier quoted context omitted.
Because food and shelter cost nearly 100% of people’s incomes. If the cost of living is equal or greater than your income, saving is impossible.
You're making a lot of assumptions in that statement and spinning a hypothetical story in your head that does not match reality. There are ways to live below your means in America. You may need social assistance if you're in hard times (and that's OK, that's what it's there for), but there is. If you say otherwise, you're just making things up. I said this in another post, but I can guarantee you that even in places…
I’m in Canada, where I think the social safety net is slightly better than America, and I personally live this existence, it’s not a hypothetical for me that I spend over 50% of my income on a studio apartment.
Re: U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
#144Alternative title: "events of 2020 case poverty rate to regress to 2017/2018 levels" Frankly I'm surprised the effect was so small considering that the industries hit hardest by covid employ a heck of a lot of people who are near the poverty line to begin with. I would expect all those people to be pushed to the other side of the line resulting in a much more dramatic increase in the poverty rate.
It's pretty obvious that there has been an enlarging wealth gap and poverty rate has increased. What I don't understand is that the current narrative is to attribute such unfortunate events to systemic racism. Shouldn't we at least look at class difference, shift of industry trend, impact of policies, i.e., take the holistic view?
However, I think the definition of "systemic racism" has changed to mean the existence of a demographic skew in the bottom and top economic quartiles. In other words, as long as "whites" don't makeup an proportionate percentage of the lowest quartile, and "blacks" don't make up a proportionate percentage of the highest quartile, that is, by definition, systemic racism.
In essence, the term no longer represents a critique on equality, but rather a critique on equity of outcomes.
Re: U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
#145Earlier quoted context omitted.
It's pretty obvious that there has been an enlarging wealth gap and poverty rate has increased. What I don't understand is that the current narrative is to attribute such unfortunate events to systemic racism. Shouldn't we at least look at class difference, shift of industry trend, impact of policies, i.e., take the holistic view?
I contend that the real tragedy of American politics is that what ought to be class/labor issues gets sidetracked into race issues. If poor whites would stop thinking in terms of race and instead think in terms of class and economic justice then real progress could be made. Lyndon Johnson had a famous quote about just this. https://www.snopes.com/fact-check/lbj-convince-the-lowest-wh...
That said, I think your class-based paradigm is just as badly flawed.
Re: U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
#146Earlier quoted context omitted.
That was a very small ruling class exploiting pretty much the entire population. That's very low levels of inequality.
Typically that would be viewed as high inequality. If the ruling class of .1% controls 99.9% of the wealth then the "average wealth" and the "median wealth" will be extremely different aka wealth inequality.
However, if the ruling class of 0.1% has 10% of the overall wealth, then that would be very low inequality. I would expect that to have been closer to the truth under the old USSR or the old Cuba, see the graph at: https://voxeu.org/sites/default/files/image/FromMay2014/novo... taken from: https://voxeu.org/article/inequality-and-property-russia-190...
Re: U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
#147Earlier quoted context omitted.
Exactly. Some people seem to refer to poverty as living with the standards of 2000 years ago. Of course we improved. That doesn't mean that relative poverty is getting worse and that other factors like free time have worsened if compared with centuries ago.
idk man poverty in the us is not as bad as in india but it sure is worse than east europe. there is a dude here stating inequality is not bad, perhaps they’d want to visit communist countries to see how wide the gap is between regular folks and the elite
That is a trip straight to the Middle Ages. Look at the following videos.
https://www.youtube.com/watch?v=UZ7WHKU_UoY
https://www.youtube.com/watch?v=Men6iwpLjno
Eastern Europe has some really bad places. IDK if USA is worse, but it would have to try.
Re: U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
#148Alternative title: "events of 2020 case poverty rate to regress to 2017/2018 levels" Frankly I'm surprised the effect was so small considering that the industries hit hardest by covid employ a heck of a lot of people who are near the poverty line to begin with. I would expect all those people to be pushed to the other side of the line resulting in a much more dramatic increase in the poverty rate.
It's pretty obvious that there has been an enlarging wealth gap and poverty rate has increased. What I don't understand is that the current narrative is to attribute such unfortunate events to systemic racism. Shouldn't we at least look at class difference, shift of industry trend, impact of policies, i.e., take the holistic view?
Re: U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
#149Alternative title: "events of 2020 case poverty rate to regress to 2017/2018 levels" Frankly I'm surprised the effect was so small considering that the industries hit hardest by covid employ a heck of a lot of people who are near the poverty line to begin with. I would expect all those people to be pushed to the other side of the line resulting in a much more dramatic increase in the poverty rate.
It's pretty obvious that there has been an enlarging wealth gap and poverty rate has increased. What I don't understand is that the current narrative is to attribute such unfortunate events to systemic racism. Shouldn't we at least look at class difference, shift of industry trend, impact of policies, i.e., take the holistic view?
Re: U.S. Suffers Sharpest Rise in Poverty Rate in More Than 50 Years
#150Earlier quoted context omitted.
It's pretty obvious that there has been an enlarging wealth gap and poverty rate has increased. What I don't understand is that the current narrative is to attribute such unfortunate events to systemic racism. Shouldn't we at least look at class difference, shift of industry trend, impact of policies, i.e., take the holistic view?
I contend that the real tragedy of American politics is that what ought to be class/labor issues gets sidetracked into race issues. If poor whites would stop thinking in terms of race and instead think in terms of class and economic justice then real progress could be made. Lyndon Johnson had a famous quote about just this. https://www.snopes.com/fact-check/lbj-convince-the-lowest-wh...