This is true! Certainly, the relative share of the economic pie is not the same thing as the size of the pie. And policymakers should bear incentives and unintended consequences in mind.
If we observe that relative and absolute measures of wealth are different, then it also follows that growth in absolute levels of wealth can coexist with other kinds of problems caused by skewed distribution.
Indeed, one of the kinds of power that those with a disproportionate share of wealth tend to amass to themselves is the ability to direct the benefits of future growth to themselves--because of their existing market power, or because of political influence, or (usually) both.
...and we've seen a lot of that in recent decades.
Christian Democracy is not egalitarian in an absolutist sense. Some people having more than others is not something the state can *eliminate* without causing worse problems.
But if property is power, than a society that aspires to be a democracy needs widespread ownership.
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We're getting close to a full tally of the votes the Carroll-Patel campaign received. Nearly half of our votes were write-ins, and those often take a long time to tally as well as, in some cases, some prodding of the election authorities.
Here's what we have:
Here we list our results in each state where we received votes and compare results to 2016.
NR = Not recorded last time.
Wisconsin- 5,259 votes, 0.159%; 284 in 2016 as write-in
Illinois- 9,548 votes, 0.158%; NR in 2016
Rhode Island= 767 votes, 0.148%; 46 in 2016 as write-in
Kansas- 583 votes, 0.042%; 214 in 2016
Minnesota- 1,037 votes, 0.032%; 244 in 2016
Tennessee- 762 votes*, 0.031%; NR in 2016
Indiana- 893 votes, 0.029%; NR in 2016
Texas- 3,207 votes, 0.028%; 1401 in 2016
Maryland- 1,588 votes, 0.026%; 504 in 2016
The concentration of corporate power in a few hands is a big problem even if a few of those hands happen to be different colors.
It's not exactly a coincidence, either, that corporate America is increasingly enthusiastic for "Diversity, Equity, and Inclusion" at a time when economic inequality and insecurity (which disproportionately affects minority groups) is as bad as its been in decades.
Our old friends at PragerU just came out with a "was Jesus a socialist?" video that concludes with Jesus helping a homeless man become an entrepreneur with the aid of a wealthy investor.
Biblical interpretation isn't really our primary role, but perhaps something is amiss here.
It's hard to see this as anything other than a strained attempt to align religion with a secular political ideology (and, obviously, people do this on the left as well).
That's not good either for politics or for religion.
We're a non-sectarian org, but many of are members are committed Christians (and members of other faiths too!) who see the ASP as one way they can live out their faith in the public sphere.
That's a different thing than subordinating faith to partisanship.
A lot of you have probably suffered from less contact with family and friends this year during the pandemic, perhaps especially around the holidays.
Millions of Americans are right there with you. But for many of them, isolation is an everyday reality in the best of times,
One pre-election survey on the strength of Americans’ social networks found that nearly one in five Americans (17 percent) reported having no one they were close with, marking a 9 percentage point increase from 2013. Most of this was not due to the pandemic.
We have our disagreements with Rep. Omar, to put it mildly, but it's interesting that some conservatives are lashing out at this when she's only repeating a point here that Dwight Eisenhower (not exactly a radical socialist) made more than sixty years ago.
As Ike put it, "Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed."
"This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children...This is not a way of life at all... Under the cloud of threatening war, it is humanity hanging from a cross of iron."
There's a lot of chatter about the so-called "Great Reset." Some of it is conspiracy theory.
One thing, though, is right out in the open: the pandemic has triggered one of the largest wealth transfers in American history. And it's not trickling down. It's shifting upwards.
Small and locally-owned businesses have been getting killed throughout the pandemic.
While business slowdowns were to some degree an inevitable result of fighting COVID, the fact remains that corporate giants are gobbling up market share as a result.
Millions of Americans are slipping into poverty. Millions are threatened with eviction. The federal and state governments' stopgap measures have helped, but many of those relief efforts are expiring.
Meanwhile, Amazon's stock price is up 75% this year.