Difference between revisions of "Economic disparity"

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* '''2012-05-08''' [http://www.economist.com/blogs/graphicdetail/2012/05/ratio-ceo-worker-compensation The ratio of CEO to worker compensation: Are they worth it?]

Revision as of 20:38, 8 January 2013

Overview

Economic disparity refers to a gap in income between (on the one hand) the wealthiest members of society and (on the other) those with the fewest economic resources.

Symptoms of severe economic disparity include:

  • those at the highest income levels have wealth drastically out of proportion to the value or quality of their contributions to society
  • a significant portion of the population is unnecessarily impoverished with respect to society's ability to provide a minimum level of welfare for all

Keywords: Richistan, income disparity, millionaires & billionaires

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