Wealth Inequality Quotes

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  • There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.

    War   Winning   Class  
    "In Class Warfare, Guess Which Class Is Winning". New York Times Magazine, www.nytimes.com. November 26, 2006.
  • Poverty and wealth inequality are a form of instability into the future.

    Poverty   Wealth   Form  
    Source: www.pbs.org
  • Today, the United States is No. 1 in corporate profits, No. 1 in CEO salaries, No. 1 in childhood poverty and No. 1 in income and wealth inequality in the industrialized world.

  • The greatest country, the richest country, is not that which has the most capitalists, monopolists, immense grabbings, vast fortunes, with its sad, sad soil of extreme, degrading, damning poverty, but the land in which there are the most homesteads, freeholds - where wealth does not show such contrasts high and low, where all men have enough - a modest living- and no man is made possessor beyond the sane and beautiful necessities.

    Beautiful   Country   Men  
  • How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points? This is a case of exclusion.

    Pope Francis (2014). “The Joy of the Gospel”, p.21, BookBaby
  • It would, I think, be hard for anyone to make the case that the United States is a just society or anything close to a just society. In America today, there is massive injustice in terms of income and wealth inequality. Injustice is rampant.

  • It's clear that he was incredibly courageous in his critique of white supremacy, wealth inequality, and imperial power as it relates to war in particular. But it's easy to deodorize Martin King, to sanitize or sterilize him. And I simply want to reveal his radical love and his radical analysis as what they really were.

    Kings   War   White  
    Source: www.chicagotribune.com
  • Half the U.S. population owns barely 2 percent of its wealth, putting the United States near Rwanda and Uganda and below such nations as pre-Arab Spring Tunisia and Egypt when measured by degrees of income inequality.

    Spring   Uganda   Egypt  
  • Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable

    Teacher   School   Years  
  • The decision is I'm going to do everything I can to fight for the working class of this country, the low-income people against income and wealth inequality, do everything we can about climate change.

    Source: www.realclearpolitics.com
  • Overcoming poverty is not a gesture of charity. It is an act of justice.

    Twitter post from Jan 21, 2016
  • We live in a country where a small number of people have incredible wealth and power. America has more income and wealth inequality than any other major country.

    Source: www.ebony.com
  • Martin Luther King was a radical democrat, by which I mean someone who is a foe of wealth inequality.

    Kings   Mean   Wealth  
    Source: www.chicagotribune.com
  • I find it ironic that Republicans have such disdain for the lazy, and yet their solution to every problem is do nothing. Their answer to wealth inequality, do nothing. Health care? Do nothing. Climate change? Nothing. Racism? Doesn’t exist. For a group of people so head over heels in love with self-reliance, they sure do recommend a lot of sitting on their ass.

    Self   Racism   People  
  • The distribution of wealth is even more unequal than that of income. ...The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution —families that in 2013 had a net worth between $81,000 and $1.9 million —held 43% of wealth in 1989 and only 36% in 2013.

    Rose   Income   Half  
  • Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.

    Jobs   Class   Giving  
  • Just as the commandment 'Thou shalt not kill' sets a clear limit in order to safeguard the value of human life, today we also have to say 'thou shalt not' to an economy of exclusion and inequality. Such an economy kills. How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points?

    Elderly   Order   Two  
    Pope Francis (2014). “The Joy of the Gospel”, p.21, BookBaby
  • We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both.

    Wisdom   Country   Power  
  • Once you begin to talk about wealth inequality, especially as it relates to corporations and big banks, or engage in an indictment of U.S. foreign policy, you are really getting at the center of a society that is very fearful of that kind of critique.

    "Cornel West on 'The Radical King'". Interview with Kevin Nance, www.chicagotribune.com. January 15, 2015.
  • The worst form of inequality is to try to make unequal things equal.

  • I think the media and the candidates have got to talk about why the middle class is in decline and why we have massive levels of income and wealth inequality.

    Thinking   Media   Class  
    Source: www.nbcnews.com
  • There is far too little discussion in Washington about the collapse of the middle class , almost no discussion at all about the incredible income inequality and wealth inequality in this country, and the fact that we're moving toward an oligarch form of society.

    Country   Moving   Class  
  • Wealth inequality has increased.

    Source: www.chicagotribune.com
  • The lower half of households by wealth held just 3% of wealth in 1989 and only 1% in 2013.

    Income   Half   Wealth  
  • Income and wealth inequality have reached obscene levels, the threat of climate change is more frightening than ever, and the billionaire class is now allowed to spend unlimited amounts of money to buy the candidate they want. And it is up to us to stand up and fight back. If we stand together, there is no limit to what we can accomplish.

  • By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.

    Past   Average   Years  
    Janet Yellen's Speech At the Conference on Economic Opportunity and Inequality at the Federal Reserve Bank of Boston in Boston, Massachusetts, www.federalreserve.gov. October 17, 2014.
  • The average net worth of the lower half of the distribution, representing 62 million households, was $11,000 in 2013. About one-fourth of these families reported zero wealth or negative net worth, and a significant fraction of those said they were "underwater" on their home mortgages, owing more than the value of the home. This $11,000 average is 50 percent lower than the average wealth of the lower half of families in 1989, adjusted for inflation.

    Zero   Home   Average  
    Janet Yellen's Speech At the Conference on Economic Opportunity and Inequality at the Federal Reserve Bank of Boston in Boston, Massachusetts, www.federalreserve.gov. October 17, 2014.
  • After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. …By comparison, the average real income of the other 95% of households grew less than 10%.

    Real   Average   Income  
  • I think the issue of income and wealth inequality is in fact a moral issue.

    "Bernie Sanders Goes Biblical on Income Inequality". Interview with Josh Harkinson, www.motherjones.com. April 2, 2015.
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