The dirty secret of capitalism -- and a new way forward
Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer. In a visionary talk, he dismantles the mantra that "greed is good" -- an idea he describes as not only morally corrosive, but also scientifically wrong -- and lays out a new theory of economics powered by reciprocity and cooperation.
America's Real Economy: It Isn't Booming
About 12% of Americans (43 million) are considered poor, and yet they are employed. They earn an individual income below $12,140 per year. If you add housing and medical expenses to the calculation, it raises the percentage of Americans living in poverty to 14%: 45 million people.
Guy Says African Architecture Isn’t Showcased Compared To European And Asian, Posts 44 Of Its Gorgeous Examples
The glories of African architecture are often shamefully overlooked. Sadly, this is a symptom of a larger problem overall, where the rich diversity and culture of the African continent is largely glossed over in international media. Most reporting from the continent focuses only on issues that reinforce negative stereotypes – those of poverty, disease and war.
5 reasons why income inequality has become a major political issue
The rising gap between the rich and everyone else has fueled unrest across the world, from Europe's ongoing Brexit crisis to this year's elections in India. A sharp reduction in extreme poverty globally has not diminished the sense of loss among middle- and working-class citizens of countries with advanced economies
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