Saturday 28 December 2013

Wealth Inequality

While prepping a lecture on inequality and distributive justice, I came across the above infographic video. This video has been kicking up a stink in various camps - some are calling it socialist propaganda, for example. Whatever one's political affiliations or opinions about fairness, the disparity between reality and common perception of reality is terrifying. My interest here is in how the common perception came to be so skewed. 
The video offers no suggestions about how we go about fixing the wealth disparity in America. Its aim is to promote awareness in order to counter erroneous perceptions about the current economic state. At least in part, misconception has led to toleration while the discrepancy has increased. Although the video does not promote a particular financial resolution then, it does provide a much needed "reality check", and at least raises questions about equality and fairness.       

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