Re: New Age Slavery

Posted: Sat Dec 05, 2015 11:28 am, #6
by seanc ... capitalism

Here is another take on inequality that focuses on the structural aspect of inequality and its relation to African Americans, Latin Americans and women.

From the article: "The disparities in wealth that we term “income inequality” are no accident, and they can’t be fixed by fiddling at the edges of our current economic system. These disparities happened by design, and the system structurally disadvantages those at the bottom. The poorest Americans have no realistic hope of achieving anything that approaches income equality; even their very chances for access to the most basic tools of life are almost nil."

The article then goes on to challenge 1 percenters like Mark Zuckerberg who has pledged to give away 99% of his facebook shares. While on the surface this sounds like a noble gesture, he is giving away the wealth on his terms and under his control. This will do nothing to change the structural elements of inequality or improve the lives of those most effected by inequality.