The Costs of Economic Inequality: Social, Political, and Moral

Mr. Elliott’s article on the costs of many nations’ economic inequality conveys the feelings of millions of men and women around the world. There is presently widespread agreement on the real need for political, economic, and social reform(s) that result in much more compassion, sharing, and concern for the health and wellbeing of all people everywhere.

Buddhist Global Relief

by Charles W. Elliott

U.S. is most wealth unequal Gandhi once famously said: “Earth provides enough to satisfy every man’s need, but not every man’s greed.” Over the past decade, we have witnessed an unprecedented grab of wealth—with its associated power and influence—by a few at the expense of everyone else. This increasing concentration of wealth for a few in the face of continuing struggles of poor and middle class families just to make ends meet is the consequence of public and economic policies that favor private interests over the public good. This inequality corrupts our political system.  And it ultimately corrodes social cohesion and threatens widespread unrest.

Most people do not have a true perspective of the gross inequality in our economic systems. Fewer still understand its corrosive effects. As writer Michael Lind observed in his article “To Have and to Have Not”[1]:

 The American oligarchy spares no pains in promoting the…

View original post 2,812 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s