Inequality Flashcards
What is the income parade
The Grand Parade is in single file, with people ordered by income, the lowest earners in the front, and the highest at the back
Demonstrates how there’s a few really wealthy people who would be giants compared to everyone of average height.
What is the 90-10 ratio
The 90-10 ratio takes the ratio of the income needed to rank among the top 10% of earners in the U.S. (the 90th percentile) to the income at the threshold of the bottom 10% of earners (the 10th percentile)
For instance, if the 90th percentile income is $90,000 and the 10th percentile income is $10,000, the 90-10 ratio would be 9. This means that someone in the top 10% earns 9 times more than someone in the bottom 10%.
What does Glazer say about inequality
Argues that Americans don’t care about inequality because of welfare benefits, perception of social mobility, racial discrimination, and diversity in the workforce
Two reasons that the ethnic and religious diversity of the U.S led to less redistribution and a smaller welfare state
What had originally been institutions provided by the state broke up and became privatized institutions based on religious and ethnic groups. The government began late to make provisions for those affected by industrializing society, never fully replacing those private institutions. There were also the racially charged motivations having to do with African-Americans being opressed and relying on welfare more than any other group
Who gives more to charity Americans or Europeans
Americans because of the many different private institutions that provide welfare
Do the rich or poor work longer hours in the US and Europe
The rich work shorter hours than the poor in Europe and the rich work longer hours in the US than the poor
Social Mobility between the US and Europe
There is a heightened sense of social mobility in the US, the belief that the poor deserve to be where they are and that if you deserve it is easier to work up the ranks in the United States than in Europe
Danielle Allen
Moral Equality, Social Equality, Political Equality, and Economic Equality
