Income inequality in America has been growing rapidly, and is expected to increase [PDF]. While the widening wealth gap is a hot topic in the media and on the campaign trail, there's quite a disconnect between the perceptions of economists and those of the general public.
For instance, surveys show people tend to underestimate the income disparity between the top and bottom 20% of Americans, and overestimate the opportunity for poor individuals to climb the social ladder. Additionally, a majority of adults believe that corporations conduct business fairly despite evidence to the contrary and that the government should not act to reduce income inequality.
Even though inequality is increasing, Americans seem to believe that our social and economic systems work exactly as they should. This perspective has intrigued social scientists for decades. My colleague Andrei Cimpian and I have demonstrated in our recent research that these beliefs that our society is fair and just may take root in the first years of life, stemming from our fundamental desire to explain the world around us.
http://theconversation.com/lifes-not-fair-so-why-do-we-assume-it-is-45981
(Score: 2) by Runaway1956 on Thursday September 10 2015, @11:25PM
That depends. What is the quality of life for those hundred employees? Is the boss just exploiting those employees, or does he treat them like friends? Does he give the smallest damn about their problems in life? Might he get involved if one of them has a medical problem?
I've witnessed employers going the extra mile, and helping good employees. I've also witnessed the corporate attitude - use the employees up, then throw them away.
Being an employer isn't an accurate measure of your value to society. Some employers aren't worth the powder it would take to blow their brains out. Other employers should be nominated for sainthood. And, more often than not, the real SOB's are more successful than the best employers.
Abortion is the number one killed of children in the United States.