How extreme inequality makes the american dream inaccessible

The eight richest men on earth control as much wealth as half of the global populationor the poorest 3. While those are global statistics, the problem is mind-numbing in the U. And sinceincome inequality has worsened: The ratio of CEO pay to worker wages skyrocketed from to-1 to to-1 in

How extreme inequality makes the american dream inaccessible

Thousands more will die this year, and next year, and the year after that.

How extreme inequality makes the american dream inaccessible

Or Omaha, Miami, Atlanta, and Milwaukee. An entire city of children has been lost. These deaths should have led every news broadcast and been a banner headline in every newspaper in the country.

They would have been, if terrorists had killed these kids. Lost Children The reportpublished in the journal Health Affairs, compared child mortality in the United States with that of 19 other comparably developed nations. A child born in the U. Over the fifty-year study period, the lagging U. For children aged 15 to 19, motor vehicle accidents were the leading cause of death.

Significantly, these accidents were twice as likely to result in death in the U. The second-leading cause of death was gunfire.

American teens were 82 times more likely to die by gun than their peers in the comparison countries.

Although it spent more on health care, the U. A Moral Failure The U. African-American infant mortality rates are 2. Racial disparities are even more pronounced when they are combined with geographic differences.

The infant mortality rate in Mississippi is the highest in the country. That neighborhood, Ward 8, was Another recent infant mortality report found something else significant: The white, non-Hispanic infant mortality rate ranged from a low of 2. That difference is, of itself, an injustice.

The mortality rate for black infants ranged from a low of 8. That means a black infant born in Wisconsin faces the same likelihood of death as an infant born in the West Bank of Palestine.

The Great Divergence

She or he is more likely to die than an infant born in Colombia, or Jamaica, or Venezuela, or Tunisia. Something else is striking about these race-based statistics: That is apartheid, and it is a moral crime.

Many of the same parents also face barriers of entrenched racism. What he found instead in the mountain of rubbish were crumpled prescription slips that patients had tossed in hospital trash cans throughout the week.

A similar survey of Hispanic Americans found that 17 percent avoiding medical care out of fear of discrimination, while 58 percent reported that they did not seek medical care because of the cost.

A report from the Institute of Medicine U. Uninsured women and their newborns receive, on average, less prenatal care and fewer expensive perinatal services. Environmental problems plague lower-income communities and communities of color.

Jasmine Bell listed five of the environmental injustices faced by communities of color, including higher exposure to air pollution; greater proximity to landfills, toxic waste sites, and industrial facilities; higher rates of lead poisoning; water contamination; and greater vulnerability to the effects of climate change.

Each of these factors can directly affect the health of children. Housing can cause or exacerbate asthma, lead poisoning, and physical injury, and can inflict emotional harm on both parents and children.

How extreme inequality makes the american dream inaccessible

Childhood obesity is singled out in the Health Affairs study. Other factors affecting child health include nutrition for both mothers and children. The share going to the bottom 50 percent of earners fell from 20 percent of national income to 12 percent. Why do we spend more on health care than other countries, and get less in return?

There are many answers to that question. One of them is inequality of care. Some people can afford all the medical treatment they need. Others, even those with health insurance, may struggle to get needed care.This is the real reason the American health care system is in such a scandalous state.” “One of the regrettable, if diverting, effects of extreme inequality is its tendency to weaken the capacity for impartial judgment.

It pads the lives of its beneficiaries with a soft down of consideration, while relieving them of the vulgar necessity. The American Dream is protected by the Declaration of Independence, in this familiar quote: "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

Inequality is now approaching the extreme level that prevailed prior to the Great Depression. The top 10% households own ~80% of the wealth. In fact, inequality is so high that a third of the population has no wealth at alland the top % owns as many assets as the bottom 90%.

In the top 1 percent earned 11 percent of all income. By , it was 23 percent of the nation’s income. The mismatch between reward and effort makes a mockery of the American dream. Severe Inequality Is Incompatible With the American Dream.

Why extreme wealth makes it hard for people to do better than their parents did The American dream—the ability to climb the. The American Dream is more of an ideology; a belief system that explains and justifies some sort of social arrangement.

The ideology of the American Dream legitimizes stratification by reinforcing the idea that everyone has the same chance to get ahead and that succeed, then logically we must also blame anyone who fails.

The American Dream Is Dead | Zero Hedge