working in life

principle
  dynamics

"All animals are equal, but some animals are more equal than others."
– George Orwell, Animal Farm

"Poverty is not a natural state"

– Nelson Mandela

QUALITY#5: THE DIGNITY OF THE HUMAN PERSON


The dignity of the human person is the basis of fundamental rights in international law. The 1948 Universal Declaration of Human Rights enshrined this principle in its preamble: ‘recognition of the inherent dignity and of the equal and inalienable rights of all members of the human family is the foundation of freedom, justice and peace in the world’. Every human, rich or poor expects this most fundamental of rights. In any discussion of any issue, respect for the dignity of the human person is fundamental.

 

VIDEO 1:

Wealth Inequality in America


While you are watching this video think about . . .

  1. What would you expect the reality of wealth inequality is?
  2. What do you think is the ideal distribution of wealth?
  3. How did you react to the reality of wealth inequality?

 

VIDEO 2:

Debating Piketty's Theories on 'Capital' and Inequality


  1. What is Piketty’s contribution to economics?
  2. What are the implications of Piketty’s argument?
  3. What is the argument against Piketty?
  4. What is the argument for Piketty?

 

Economic Inequality


IS POVERTY THE NATURAL STATE OF A HUMAN BEING?


The problems with wealth inequality is not that some have more than others or who has the right to what. The problem is how wealth inequality contributes to society. Some say too much inequality can hinder long term growth while others say it promotes long term growth.


The mission of the Organization for Economic Co-operation and Development (OECD) is to promote policies that will improve the economic and social well-being of people around the world.  Within this group there under social and welfare issue, they have a section on income equality and poverty. This they ask is everyone getting there fair share?


There is widespread concern that economic growth has not been fairly shared, and that the economic crisis has only widened the gap between rich and poor. The Social Policy Division examines the trends and patterns in inequality and poverty for OECD and emerging countries. Its work analyses the multiple causes linked to growing inequalities, such as globalization, technological change and changes in redistribution and policy fashion. It also assesses the effectiveness of social and labor market policies in tackling poverty and high inequalities.


Take a look at the following short videos. Wealth inequality in America was watched by over 14 million people. In the video 2 Heather Boushey of Washington Center for Equitable Growth and Kevin Hassett of American Enterprise Institute tackle concepts put forth by French "rock star" economist Thomas Piketty in his recent bestselling book "Capital."

Wealth Inequality In America

Debating Picketty's bestselling book "Capital"