Cambridge Common: where's the wealth?

<body><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener('load', function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <div id="navbar-iframe-container"></div> <script type="text/javascript" src="https://apis.google.com/js/platform.js"></script> <script type="text/javascript"> gapi.load("gapi.iframes:gapi.iframes.style.bubble", function() { if (gapi.iframes && gapi.iframes.getContext) { gapi.iframes.getContext().openChild({ url: 'https://www.blogger.com/navbar.g?targetBlogID\x3d11969108\x26blogName\x3dCambridge+Common\x26publishMode\x3dPUBLISH_MODE_BLOGSPOT\x26navbarType\x3dBLUE\x26layoutType\x3dCLASSIC\x26searchRoot\x3dhttps://cambridgecommon.blogspot.com/search\x26blogLocale\x3den_US\x26v\x3d2\x26homepageUrl\x3dhttp://cambridgecommon.blogspot.com/\x26vt\x3d-508380183434548642', where: document.getElementById("navbar-iframe-container"), id: "navbar-iframe", messageHandlersFilter: gapi.iframes.CROSS_ORIGIN_IFRAMES_FILTER, messageHandlers: { 'blogger-ping': function() {} } }); } }); </script>

Friday, October 07, 2005

where's the wealth?

An interesting chart from the Justice website that hopefully does a little damage to the myth of economic equality and opportunity in this country. Is the top 1% really that much smarter than everyone else? Do they work that much harder?

If the neo-liberal model is to be trusted, than wealth is distributed according to merit (work, talent, etc.). I'd be fascinated if someone could look at this chart and make that argument.

Takers? Thoughts?

1 Comments:

At 3:41 PM, Chimaobi Amutah said...: Especially of note is the 18% of Americans that "have zero or negative wealth". How can you ascribed a price tag to human being, let alone financially deem someone worth as less than nothing?