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What might we do to address the persistent wealth disparities in college attendance, especially selective college attendance?
While persistent wealth disparities stratified along racial lines are nothing new, the Great Recession has worsened this divide.
Despite the continued invoking of the black middle-class, the realities of inequality and persistent wealth disparities within the middle-class reveal a different reality.
America is also uniquely susceptible to persistent wealth gaps because of our low inheritance, estate and capital gains taxes and the fact that what minimal taxes exist our fraught with loopholes.
If EMU policymakers wish to preserve the euro, they will need a Hamiltonian solution, including both fiscal burden-sharing to halt the crisis and conditionality (or fiscal and financial rules) to prevent another crisis and avoid a persistent wealth transfer to peripheral EMU members.
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And in the same paper on the same day was an article about the persistent racial wealth gap.
The defense has tried to blunt the persistent images of wealth by depicting Mr. Williams as something of an ordinary working man.
More equitable countries reduce poverty faster, and stubborn asset, gender or identity inequality (ie caste systems) might begin to explain persistent poverty amid wealth in the new MICs.
The recession of 2007-2016, and the persistent transfer of wealth from the 80% to the 1% is, mostly the result of banking irresponsibility precipitated by the repeal of the Glass-Steagall Act in 1999.
In the late 19th and early 20th centuries, many liberals began to worry that persistent inequalities of wealth and the tremendous pace of social change were undermining democracy and threatening other classical liberal values, such as the right to moral autonomy.
It is true that black women have increased their graduation and college going rates and that many of them have become business owners, yet these accomplishments are tenuous and have yet to make a dent in the persistent wage and wealth disparities that cripple their chance to achieve high quality, economically secure lives.
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