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Showing posts with label WEALTH DISTRIBUTION. Show all posts
Showing posts with label WEALTH DISTRIBUTION. Show all posts
Thursday, May 5, 2011
Tuesday, November 23, 2010
Why the rich are no good at empathy...they don't need to be
Daily Mail
People who are rich have trouble recognising the emotions of others, a new study claims.
The university research has found that those who are poorer are better at gauging how someone feels because they need to rely on other people more often.
Scientists speculated that the rich performed worse in tests because they can solve their problems without relying on others. In other words, because of their wealth they are not as dependent on the people around them.
Whereas people who cannot afford to buy support services - such as childcare - have to rely on neighbours or relatives to watch their children while they attend work or run errands.
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People who are rich have trouble recognising the emotions of others, a new study claims.
The university research has found that those who are poorer are better at gauging how someone feels because they need to rely on other people more often.
Scientists speculated that the rich performed worse in tests because they can solve their problems without relying on others. In other words, because of their wealth they are not as dependent on the people around them.
Whereas people who cannot afford to buy support services - such as childcare - have to rely on neighbours or relatives to watch their children while they attend work or run errands.
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
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Sunday, September 26, 2010
Wealth inequality rivals the months prior to the Great Depression
My Budget 360
The official announcement that the recession is over underscores the massive disconnect between Wall Street and the rest of America. Wealth inequality in America is at levels last seen right before the Great Depression ravaged our economy. Yet the inequality has grown even more intense as this crisis has gone forward. 43 million Americans are now classified as being in poverty. This trend hasn’t shifted in the last decade, recession or no recession. The system is absolutely flawed and that is why we have over 16 percent underemployment, 41 million Americans on food stamps, 4 out of 10 workers in low paying service sector jobs, the median household income falling under $50,000, record monthly foreclosure filings, and yet the recession is over according to a small group of economists. The recession may be over for Wall Street but the rest of America is still struggling.
Wealth inequality has been exacerbated by the casino like behavior of investment banks on Wall Street. A recent study shows how out of touch with the facts most Americans are when it comes to wealth inequality in their own country. One fascinating finding is that most Americans, even between those that make $50,000 and $100,000 actually envision optimal wealth distributions that are very similar:
Read Full Article
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
It is time to Wake Up! You too, can join the "Global Political Awakening"!
Print this page
The official announcement that the recession is over underscores the massive disconnect between Wall Street and the rest of America. Wealth inequality in America is at levels last seen right before the Great Depression ravaged our economy. Yet the inequality has grown even more intense as this crisis has gone forward. 43 million Americans are now classified as being in poverty. This trend hasn’t shifted in the last decade, recession or no recession. The system is absolutely flawed and that is why we have over 16 percent underemployment, 41 million Americans on food stamps, 4 out of 10 workers in low paying service sector jobs, the median household income falling under $50,000, record monthly foreclosure filings, and yet the recession is over according to a small group of economists. The recession may be over for Wall Street but the rest of America is still struggling.
Wealth inequality has been exacerbated by the casino like behavior of investment banks on Wall Street. A recent study shows how out of touch with the facts most Americans are when it comes to wealth inequality in their own country. One fascinating finding is that most Americans, even between those that make $50,000 and $100,000 actually envision optimal wealth distributions that are very similar:
Read Full Article
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
Print this page
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