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Spirituality and Global Economics LINKS

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Economic Injustice In U.S. Income Distribution
Here is help in understanding the crisis of the growing gap between the rich and poor in and beyond the USA. (nonreligious)

Excerpt from The Economics of Innocent Fraud by John Kenneth Galbraith.  His book is an excellent short, very readable series of essays on the major economic myths of our day.  He thinks that war "remains the decisive human failure".  He notes that the concept of public and private sectors in largely a myth because of the pervasive power of private interests.  His writing is informed by his many years of teaching economics and service in the federal government.

The Organization for Economic Co-operation and Development (OECD) is an international economic organization of 34 countries founded in 1961 to stimulate economic progress and world trade.  Most of the economically developed nations are members.  It provides studies on many aspects of its members� economies.  This link is to its 2008 study of income inequality and poverty.  It shows that only Mexico and Turkey have greater inequality of income and poverty rates than the United States.  Income inequality has been increasing since the 1970�s but has accelerated since 2000.

United for a Fair Economy �raises awareness that concentrated wealth and power undermine the economy, corrupt democracy, deepen the racial divide and tear communities apart�. A major goal is to reduce the growing wealth divide. They have numerous educational programs focused on this and other economic issues. This link is to their summary showing the top 1% now have as much wealth as the bottom 90% of people in the United States, the greatest disparity since 1929.

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