Mostrando entradas con la etiqueta Equality. Mostrar todas las entradas
Mostrando entradas con la etiqueta Equality. Mostrar todas las entradas

viernes, 20 de diciembre de 2013

Any Hope Of American Equality Died In The 1980s (And Here's Proof)

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chart

That growing divide between the rich and you? It's not just in your mind, and it's certainly not just a couple years in the making.

Actually, the average incomes of the top 1 percent of Americans have grown steadily over the last century or so, especially when compared to the flat-lining incomes for the bottom 90 percent of Americans. But as you can see in the above chart, it wasn't until the 1980s that the rich really started to pull away from the normals.

We created the chart using the World Income Database, a collection of data compiled by a group of economists who focus on the incomes of the rich, poor and middle-class. The chart plots the average income of the top 1 percent of American earners against the average income for the bottom 90 percent of Americans between 1913 and 2012, using real 2012 dollars.

In 2012, the top 1 percent took home more than $1 million on average, while the average income of the bottom 90 percent of Americans was $30,438. Compare that to 1917, when the top 1 percent's average income was just under $300,000 and the bottom 90 percent took home slightly more than $11,000 on average.

So how is it that the U.S. income gap has grown large enough for us to claim the title of worst inequality in the developed world? There are a variety of explanations:

1. Tax Cuts For The Rich: Many of the spikes in the chart correspond with periods when the government slashed taxes on the rich. As the Center for American Progress notes, Ronald Reagan’s early 1980s tax reforms helped to increase income inequality.

The same thing happened in the late 1990s when Bill Clinton passed a tax cut on capital gains, or investment income, which rich people are more likely to have than ordinary Americans. And then it happened again when George W. Bush cut the top marginal tax rates in 2001 and 2003.

Altogether, about 30 percent of the expansion of the after-tax income gap between 1979 and 2007 was due to tax and budget policies becoming less progressive, according to a June analysis from the Economic Policy Institute.

2. Corporate Profits And Executive Pay Are Soaring: Over the past several years corporate profits -- which go in large part to rich investors -- have soared to the point where they now make up the highest share of the economy on record. And over the last several decades, CEO pay also skyrocketed. The result: The ratio between CEO and average worker pay ballooned by roughly 1,000 percent since 1950.

3. The Wages Of Regular Workers Haven't Kept Up With Productivity: In the 1960s workers and their families used to be able to live above the poverty line on a minimum wage income. But now, that’s no longer the case, according to EPI. In fact, if the minimum wage had kept up with boosts in worker productivity over the past several decades it would be $18.30, according to EPI. That's more than double the current minimum wage of $7.25.

Part of the reason workers have had a tougher time securing higher wages in recent years is because of a marked decline in unionization. Drops in union membership typically correspond with growth in income inequality, research finds.

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domingo, 1 de diciembre de 2013

Croatian Gay Rights Activists Protest Ahead Of Marriage Equality Referendum

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Gay rights supporters in conservative and mainly Catholic Croatia staged protests on Saturday on the eve of a controversial referendum that could outlaw same-sex marriage in the EU's newest member state.

More than 1,000 people braved the cold and rainy weather to gather in a square in downtown Zagreb for a protest march against Sunday's vote, which they see as discriminatory.

"We urge voters... to protect minority rights so that no one in Croatia becomes a second class citizen," gay rights activist Sanja Juras told the crowd.

At the end of their hour-long march through the city centre, under a heavy police presence, the protesters unfurled a giant rainbow flag outside the parliament building.

Demonstrators taking part in the "I vote against" march also carried banners in rainbow colours, reading: "Homosexuality is not a choice but hatred is" and "Let's protect all loves".

Sunday's referendum on whether to amend the country's constitution to define marriage as a "union between a woman and a man" is the result of a Church-backed initiative. Croatia's constitution currently does not define marriage.

The vote has sparked a heated public debate, splitting the country's 4.2 million inhabitants.

Many conservatives in Croatia, which joined the European Union this year, began fearing that same-sex marriage would be allowed in the country after the centre-left government announced a bill enabling gay couples to register as "life partners".

In May, the Church-backed In the Name of the Family group collected over 700,000 signatures seeking a nationwide vote on gay marriage.

"We believe that marriage, children and family are so important issues that the whole society has to decide on them," the leader of the initiative, Zeljka Markic, told AFP.

The government, human rights activists and prominent public figures have all spoken out against the referendum, urging people to cast a 'no' vote.

"With this sentence in the constitution we would make lives of our fellow citizens, who are a sexual minority, more difficult," warned Damir Kovacic, who took part in Saturday's protest with his wife.

"And tomorrow a referendum about someone else's rights might be on the agenda," the 34-year-old electrical engineer told AFP.

But in a country where almost 90 percent of population are Roman Catholics, the Church has vehemently urged followers to vote 'yes'.

"Marriage is the only union enabling procreation," said Croatia's Cardinal Josip Bozanic in a letter read out in churches.

"This is the key difference between a marriage... and other unions."

The latest survey showed that 68 percent of Croatians on Sunday would vote 'yes' compared to 27 percent against.

"It is natural and normal that a child grows up in a marriage of a man and a woman," Katarina Mitermajer, a doctor in her 50s, who plans to vote 'yes', told AFP.

Attitudes towards gay rights have slowly been improving since Croatia's first Gay Pride parade was held in Zagreb in 2002, when dozens of participants were beaten up by extremists.

Pride parades are now staged regularly if still under strong security, while gay rights are more openly discussed in the media and people are becoming less fearful of "coming out".

In 2003 Croatia adopted a law recognising same-sex couples who have lived together for at least three years. Yet apart from official acknowledgement, the measure granted them few rights.

Sunday's vote is the first citizens-initiated referendum since Croatia's independence from the former Yugoslavia in 1991.

Under Croatian law, a referendum does not require a majority voter turnout to be valid.

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