Tag: rich

How The Rich Are Winning The Class War (via Blogadoccio’s Blog)

On By southwerkIn business ethics

I think that the No Child Left Behind law had severely damaged character education, critical thinking and issue awareness among the young. An ability to take multiple choice tests, true false, or completion tests is not a useful employment skill. Yet that has become almost our sole measurement of educational achievement.

But the inaction of the middle class, whatever it’s cause, is critical to the success of the rich in shifting the tax burden.

James Pilant

The rich won the class war by depriving the middle and lower classes of education: history, civics, political education, and training in how to think critically. As a result, their mouthpieces can spout nonsense and the relatively uneducated voters now swallow it clean. The antidote, until we get a real education system back again, is for those of use whose eyes are open to educate those around us who cannot see what is going on. We need to devel … Read More

via Blogadoccio's Blog

An Economic Wake Up Call (via Here’s What Nancy Thinks)

On By southwerkIn business ethics

Income inequality in the developed nations is almost exclusively an American phenomenon. As you can see from the graph, we are more equivalent to African nations with limited economic development in terms of income

Another interesting article is the graph on the origins of our budget problems. Please pay attention to the enormous role played by the Bush tax cuts in destroying revenue.

James Pilant

An Economic Wake Up Call I don't want a "share the wealth" society in the sense that Republicans like to threaten the people with… You have to admit, though, that there used to be a time when money made it to the top, the top would keep a little and spend the rest to grow their business by hiring new people and so forth. When the money trickled down, there was more money to trickle back up. Now, the mighty dollar is harder to come by because the money makes it to the t … Read More

via Here's What Nancy Thinks

Philip Yancey on what american churches have become. (via Dover Beach)

On By southwerkIn business ethics

Exactly.

James Pilant

Philip Yancey on what american churches have become. “In view of Jesus’ clear example, how is it that the church has now become a community of respectability, where the down-and-out no longer feel welcome? The middle-class church many of us know today bears little resemblance to the diverse group of social rejects described in the Gospels and the book of Acts.”   – Philip Yancey, The Jesus I Never Knew … Read More

via Dover Beach

Winner-Take-All Politics (via Chasing Fat Tails)

On By southwerkIn business ethics

Here is a review of the book: Winner-Take-All Politics by Jacob Hacker and Paul Pierson. I have addressed the issues of concentration of wealth and government inaction on several occasions most notably Can You Still Get Ahead in America , Casino Banking and Financial Rouletter: America Loses.

There are other reviews here, here and here.

James Pilant

So I just finished reading Jacob Hacker and Paul Pierson’s provocatively titled Winner-Take-All Politics: How Washington Made the Rich Richer – And Turned Its Back on the Middle Class. Before I go on any further, I just have to disclose that, yes, I am biased: I took a class with Paul Pierson when I was an undergrad at Berkeley, and I found him to be a very good professor. So I might be predisposed to find the arguments of this book persuasive. T … Read More

via Chasing Fat Tails