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In terms of information, Politizane's video isn't offering anything new: Its analysis of American perceptions of wealth distribution, the line between rich and poor and the issue of America's ...
Why Nations Fail: The Origins of Power, Prosperity, and Poverty, first published in 2012, is a book by economists Daron Acemoglu and James A. Robinson, who jointly received the 2024 Nobel Economics Prize (alongside Simon Johnson) for their contribution in comparative studies of prosperity between nations.
Wealth_Inequality_in_America_by_politizane.webm (WebM audio/video file, VP8/Vorbis, length 6 min 24 s, 640 × 360 pixels, 229 kbps overall, file size: 10.46 MB) This is a file from the Wikimedia Commons .
It was originally published by Basic Books in 2015, with an updated version published in 2016. In the work, Sowell argues against the notion that economic equality is solely natural, and examines geographic, cultural, social, and political factors that have contributed to the wealth of groups and nations.
Aristotle's Politics points out the same dilemma but proposes a different solution: instead of 'reducing democracy', he suggests to reduce inequalities with what we nowadays call a welfare state. The United States has seen an ongoing clash between pressure for more freedom and democracy (coming from below) and elite control (coming from above).
Phillips, Kevin P. Wealth and Democracy: A Political History of the American Rich, Broadway Books 2003, ISBN 0-7679-0534-2; Story, Ronald. (1980) The Forging of an Aristocracy: Harvard & the Boston Upper Class, 1800-1870; Synnott, Marcia. The Half-Opened Door: Discrimination and Admissions at Harvard, Yale, and Princeton, 1900–1970 (2010).
Jonathan Hopkin writes the United States is an outlier regarding economic inequality which hit "unprecedented levels for the rich democracies" as it took the lead in implementing the neoliberal agenda in the 1980s, making it "the most extreme case of the subjection of society to the brute force of the market." He adds that even with average ...
Participating in a war among the social classes of Ancient Greece was a dangerous political endeavour. In his book Parallel Lives, Plutarch wrote of two Spartan kings, Agis and Cleomenes, who "being desirous to raise the people, and to restore the noble and just form of government, now long fallen into disuse, [they] incurred the hatred of the ...