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Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).
Inequality for All is a 2013 documentary film directed by Jacob Kornbluth and narrated by American economist, author and professor Robert Reich. Based on Reich's 2010 book Aftershock: The Next Economy and America's Future, the film examines widening income inequality in the United States. Reich publicly argued about the issue for decades, and ...
Horizontal inequality is the inequality—economical, social or other—that does not follow from a difference in an inherent quality such as intelligence, attractiveness or skills for people or profitability for corporations. In sociology, this is particularly applicable to forced inequality between different subcultures living in the same ...
In addition, rising income inequality between blacks and whites since the 1970s have created affluent neighborhoods that tend to be composed of a homogeneous racial background of families within the same income bracket. [11] A similar situation within the racial lines have helped to explain how more than 32% of blacks now live in suburbs.
Zero represents perfect equality (everyone having the same income), while 1 represents perfect inequality (one person receiving all the income). (Index scores are commonly multiplied by 100.) [ 13 ] The CBO explains the Gini as "A standard composite measure of income inequality is the Gini coefficient, which summarizes an entire distribution in ...
Because dictatorships institutionalized social inequality, many Latin American feminists tie authoritarian governments with fewer rights for women. Slogans, such as “Women give life, the dictatorships exterminates it,” “In the Day of the National Protest: Let’s make love not the beds,” and “Feminism is Liberty, Socialism, and Much ...
Social justice is justice in relation to the distribution of wealth, opportunities, and privileges within a society where individuals' rights are recognized and protected. [1] [2] In Western and Asian cultures, the concept of social justice has often referred to the process of ensuring that individuals fulfill their societal roles and receive their due from society.
The 1960s in Spain saw a generational shift in Spanish feminist in response to other changes in Spanish society. This included increased emigration and tourism (resulting in the spread of ideas from the rest of the world), greater opportunities in education and employment for women and major economic reforms. [ 74 ]