The following Oxfam report is generating a lot attention (as
intended)
Highlights from the report:
“Almost half of the world’s wealth is
now owned by just one percent of the population.
• The wealth of
the one percent richest people in the world amounts to $110 trillion. That’s 65
times the total wealth of the bottom half of the world’s population.
• The bottom
half of the world’s population owns the same as the richest 85 people in the
world.
• Seven out of
ten people live in countries where economic inequality has increased in the
last 30 years.
• The richest
one percent increased their share of income in 24 out of 26 countries for which
we have data between 1980 and 2012.
• In the US, the wealthiest one percent
captured 95 percent of post-financial crisis growth since 2009, while the
bottom 90 percent became poorer”.
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For college students, the discrepancy in starting salaries for different majors maybe of more direct concern:
http://www.payscale.com/college-salary-report-2014/majors-that-pay-you-back
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Capital vs. Labor Share of Income
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Somewhat related topic - PBS Newshour segment from 2012
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For college students, the discrepancy in starting salaries for different majors maybe of more direct concern:
http://www.payscale.com/college-salary-report-2014/majors-that-pay-you-back
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