Anti Wage-Slavery Pro-Freedom Quotations Of The Week 1681-1683
Aristotle, for instance, argued that wealth should be sought only for the sake of living virtuously — to manage a household, say, or to participate in the life of the polis. Here wealth is useful but not inherently good; indeed, Aristotle specifically warned that the accumulation of wealth for its own sake corrupts virtue instead of enabling it.
For Hindus, working hard to earn money is a duty (dharma), but only when done through honest means and used for good ends. The function of money is not to satiate greed but to support oneself and one’s family. The Koran, too, warns against hoarding money and enjoins Muslims to disperse it to the needy.
Some contemporary voices join this ancient chorus, perhaps none more enthusiastically than Pope Francis. He’s proclaimed that unless wealth is used for the good of society, and above all for the good of the poor, it is an instrument “of corruption and death.”
Luck and virtue
Elizabeth Bruenig
1. Money doesn’t have to be an obstacle
2. Race doesn't matter;
3. Just work harder
4. There is a college for everyone/everyone can go to college
5. If you believe in yourself, your dreams will come true.
I began to question these beliefs to better understand how they are perpetuated in our schools and society.
the five assumptions listed above can be dangerous because they reinforce the deeply held American belief that success is individually created and sustained. “If I could do it, so can you” is an echo of the “just work harder” assumption. It is the “pull yourself up by your bootstraps” ethos to which so many generations of Americans adhere. Yet data repeatedly show how poverty, social class, race, and parents’ educational attainment more directly influence an individual’s success and potential earnings than any individual effort. We clearly do not yet have a level playing field, but this belief is all but impossible to challenge. Whenever we hear of another bootstraps story, we want to generalize. We disregard the fact that luck often plays a major role. And in generalizing and celebrating the individual nature of success, we disregard the imperative to rethink social and economic policies that leave many behind.
Grit Isn't Enough to Help Students Overcome Poverty—And It's Time To Stop Pretending That It Is
By Linda Nathan / Beacon Press
October 19, 2017
According to a new report published today by the New England Complex Systems Institute, mathematics can indeed be used to find a solution to income inequality. And as it turns out, the math points to targeted programs that redistribute wealth to the poor as the way to close the inequality gap and improve the health of the economy as a whole.
...
new research shows that a purely monetary solution to the US economy's current imbalance is insufficient. Bar-Yam likened this to trying to drive a car by focusing only on the gas and brake pedals, and ignoring the steering wheel. In addition to interest rate regulation, Bar-Yam's research points to a transfer of wealth to the less wealthy sectors of society as the most effective way to rebalance the consumption and production cycles.
Math Suggests Inequality Can Be Fixed With Wealth Redistribution, Not Tax Cuts
Daniel Oberhaus
Oct 17 2017
MOTHERBOARD
For Hindus, working hard to earn money is a duty (dharma), but only when done through honest means and used for good ends. The function of money is not to satiate greed but to support oneself and one’s family. The Koran, too, warns against hoarding money and enjoins Muslims to disperse it to the needy.
Some contemporary voices join this ancient chorus, perhaps none more enthusiastically than Pope Francis. He’s proclaimed that unless wealth is used for the good of society, and above all for the good of the poor, it is an instrument “of corruption and death.”
Luck and virtue
Elizabeth Bruenig
1. Money doesn’t have to be an obstacle
2. Race doesn't matter;
3. Just work harder
4. There is a college for everyone/everyone can go to college
5. If you believe in yourself, your dreams will come true.
I began to question these beliefs to better understand how they are perpetuated in our schools and society.
the five assumptions listed above can be dangerous because they reinforce the deeply held American belief that success is individually created and sustained. “If I could do it, so can you” is an echo of the “just work harder” assumption. It is the “pull yourself up by your bootstraps” ethos to which so many generations of Americans adhere. Yet data repeatedly show how poverty, social class, race, and parents’ educational attainment more directly influence an individual’s success and potential earnings than any individual effort. We clearly do not yet have a level playing field, but this belief is all but impossible to challenge. Whenever we hear of another bootstraps story, we want to generalize. We disregard the fact that luck often plays a major role. And in generalizing and celebrating the individual nature of success, we disregard the imperative to rethink social and economic policies that leave many behind.
Grit Isn't Enough to Help Students Overcome Poverty—And It's Time To Stop Pretending That It Is
By Linda Nathan / Beacon Press
October 19, 2017
According to a new report published today by the New England Complex Systems Institute, mathematics can indeed be used to find a solution to income inequality. And as it turns out, the math points to targeted programs that redistribute wealth to the poor as the way to close the inequality gap and improve the health of the economy as a whole.
...
new research shows that a purely monetary solution to the US economy's current imbalance is insufficient. Bar-Yam likened this to trying to drive a car by focusing only on the gas and brake pedals, and ignoring the steering wheel. In addition to interest rate regulation, Bar-Yam's research points to a transfer of wealth to the less wealthy sectors of society as the most effective way to rebalance the consumption and production cycles.
Math Suggests Inequality Can Be Fixed With Wealth Redistribution, Not Tax Cuts
Daniel Oberhaus
Oct 17 2017
MOTHERBOARD
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