Analysis of information sources in references of the Wikipedia article "Great Regression" in English language version.
Pursued through policies of privatization, deregulation, and financialization, and buttressed by an ideology of private property, free markets, and free trade, neoliberalism has entailed cuts in taxes for the rich and cuts in protections and benefits for workers and the poor, resulting in an exponential increase in inequality.
The advent of economic neoliberalism in the 1980s triggered a shift in the world economy. In the three decades following World War II, now considered a golden age of capitalism, economic growth was high and income inequality decreasing. But in the mid-1970s this social compact was broken as the world economy entered the stagflation crisis, following a decline in the profitability of capital. This crisis opened a new phase of stagnating growth and wages, and unemployment. Interest rates as well as dividend flows rose, and income inequality widened.
{{cite book}}: |website= ignored (help){{cite book}}: ISBN / Date incompatibility (help)More recent data from the U.S. Census Bureau finds that the gap between the rich and the poor has grown since 2016 and hit a new record in 2018.
{{cite book}}: |website= ignored (help)Finally, changes in household structures (assortative mating and increases in single-headed households) increased household earnings inequality, albeit to a lesser extent than often suggested (Figure 7). These patterns hold true for all countries
There is strong evidence in this study to suggest the recent growth of income inequality is significantly associated with mass shootings in the United States. Specifically, this evidence indicates that a one standard deviation increase in the growth of income inequality augments the number of mass shootings by 0.43 to 0.57.
{{cite journal}}: Cite journal requires |journal= (help)Scepticism about the merits of minimum wages remains this newspaper's starting-point. But as income inequality widens and workers' share of national income shrinks, the case for action to help the low-paid grows. Addressing the problem through subsidies for the working poor is harder in an era of austerity, when there are many other pressing claims on national coffers. Other policy options, such as confiscatory taxes, are unattractive. Nor is a moderate minimum wage as undesirable as neoclassical purists suggest.
{{cite journal}}: Cite journal requires |journal= (help)There is strong evidence in this study to suggest the recent growth of income inequality is significantly associated with mass shootings in the United States. Specifically, this evidence indicates that a one standard deviation increase in the growth of income inequality augments the number of mass shootings by 0.43 to 0.57.
There is strong evidence in this study to suggest the recent growth of income inequality is significantly associated with mass shootings in the United States. Specifically, this evidence indicates that a one standard deviation increase in the growth of income inequality augments the number of mass shootings by 0.43 to 0.57.
During periods when the very rich took home a larger proportion—as between 1918 and 1933, and in the Great Regression from 1981 to the present day—growth slowed, median wages stagnated and we suffered giant downturns. ...
Source: Federal Reserve Bank of St Louis.
Source: Federal Reserve Bank of St Louis.
{{cite book}}: ISBN / Date incompatibility (help){{cite book}}: CS1 maint: multiple names: authors list (link)