4 years ago
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Rich People Dominating Economic Recovery (Surprise)
A few days ago, The Times published a report on a society that is being undermined by extreme inequality. This society claims to reward the best and brightest regardless of family background. In practice, however, the children of the wealthy benefit from opportunities and connections unavailable to children of the middle and working classes. And it was clear from the article that the gap between the society’s meritocratic ideology and its increasingly oligarchic reality is having a deeply demoralizing effect. The report illustrated in a nutshell why extreme inequality is destructive, why claims ring hollow that inequality of outcomes doesn’t matter as long as there is equality of opportunity. If the rich are so much richer than the rest that they live in a different social and material universe, that fact in itself makes nonsense of any notion of equal opportunity.
robertr clipped in 1 collections
I completely agree but what social confines have ever proven to help this matter? The one thing that always angers me is the lack of control on tax loopholes available to the rich
4 years ago·Reply
What do you mean by social confines? I don't really understand
4 years ago·Reply