Income and wealth inequalities have reached extreme proportions. Procentians and promelians have reached socially distorting levels of influence.
AIM of this blog is to help
ACHIEVING A SOCIALLY ACCEPTABLE LEVEL OF ECONOMIC DIFFERENTIATION.
PROPAGATE ECONOMIC FAIRNESS THAT WOULD SUPPORT DEMOCRACY. NOT MATERIAL EQUALITY.
Economic Inequality as a term used here, includes both income and wealth inequalities. The very wealthy have enough means to shift fortunes from wealth to income and vice versa. As is fiscally and socially more suitable to cirumstances. (An own blog entry will be dedicated to the topic). Since these are each measured separately, data reflects them separately as well. The people are mostly the same ones, procentians and promilians.
Procentians and Promilians are the terms used to describe the richest one percent and the richest one part per thousand of society respectively.
Sources and Inspiration
There are several well known economists that write, researchand publish about the topic that can be recommended. Some of the ideas here were inspired by one or more of these great thinkers. More will be added. If you wish to add and recommend any, please write me.
The names for now are first of course Thomas Piketty and Anthony Atkinson. Other known names are Robert Reich, Joseph Stigliz and Paul Krugman. There are others who are known to those interested in the topic but less to the wider public. Dani Rodrik, Danny Dorling, Sam Pizzigati, Özlem Onaran and many others.
Tangents – Occasionally other topics relating to inequaliy will be discussed. Social dimensions, economic theory and practice and other aspects.