| Stiglitz Article: Of the 1%, by the 1%, for the 1% |
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coaster
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I have tremendous respect for anything Prof. Stiglitz has to say. (It's hard to know what honorific to use; he's got so many)
There's a series of lectures by him - I think it's six hours long? - on DVD. I borrowed a copy from my public library. Anybody who wants to have an informed background about globalization needs to get ahold of that -- and watch the entire six hours. I guarantee it's not boring.
So, when he publishes something about concentration of wealth, I think we'd best pay attention.
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Sun Apr 10, 2011 9:53 pm |
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shanecurran
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That was a fascinating article on the inequality in the US with links to unrest in the middle east. I agree that as the inequality grows in the US the chances of revolution increase and a tipping point becomes inevitable. It would be interesting to look at the Gini Coefficients of the countries at the moment of uprising.
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Mon Apr 11, 2011 8:31 pm |
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eastmn
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I've been speaking with a woman in Egypt who says that salaries were increased 15% immediately when the uprising began. Mubarak was trying to settle things, pacify, but the people had had enough (tyrant).
Look at the "TITLE" on this related article: 
http://www.democracynow.org/2010/11/23/joe_nocera_on_all_the_devils
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Mon Apr 11, 2011 9:55 pm |
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coaster
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Trouble was, food prices went up a whole lot more than 15%.
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Tue Apr 12, 2011 3:49 am |
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