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Topic: Wealth in the United States


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In the News (Tue 13 Nov 18)

  
 Social Security Online History Pages
The wealth in the United States was three times as much in 1910 as it was in 1890, and yet the masses of our people owned less in 1910 than they did in 1890.
I introduced in Congress and supported other measures to bring about the sharing of our wealth when I first reached the United States Senate in January 1932.
It will be found in the promise of the President of the United States when he accepted the nomination at the Chicago convention.
www.ssa.gov /history/longsen.html   (14301 words)

  
 FRB: IFDP paper - number 724
Using a variety of methods, I find evidence of significant wealth effects in the United Kingdom and Canada of a size comparable to that in the United States, reflecting the importance of equities in aggregate household wealth in these countries.
Abstract:  Although most recent empirical research regarding the size and significance of the impact of changes in wealth on consumption has looked for such effects in the United States, equity prices in the 1990s rose considerably in most other industrial countries as well.
A significant wealth effect is also evident in Japan, but because household wealth has changed little on balance in Japan in recent years, this channel has been less important in explaining Japanese consumption growth in the second half of the 1990s.
www.federalreserve.gov /Pubs/IFDP/2002/724/default.htm   (14301 words)

  
 The Greens/Green Party USA
The distribution of wealth in America is even more unfair.  Here, the top one-half per cent of all property owners control over 25% of all wealth; while the top 5% sit on nearly 70% of wealth and property.  What chance does the average person have for exercising his or her democratic rights under these conditions!
Our political goal is an America where decisions are made by the people and not by a few giant corporations.  Our environmental goal is a sustainable world where nature and human society co-exist in harmony.
The GPUSA Congress is scheduled to begin at 1:30 PM on Saturday, August 6, 2005 in Room 200F at Washington University.
www.greenparty.org   (337 words)

  
 Encyclopedia: Middle class
Here the middle class is defined by a similar income level as semi-professionals, or business owners; by a shared culture of domesticity and sub-urbanity; and, by a level of relative security against social crisis in the form of socially desired skill or wealth.
In the United Kingdom, social status has been less directly linked to wealth than in the United States, and has also been judged by pointers such as accent, manners, place of education and the class of a person's circle of friends and acquaintances.
In the United States, and in the United Kingdom, politicians typically target the votes of the middle classes.
www.nationmaster.com /encyclopedia/Middle-class   (3007 words)

  
 United States
The social structure of the United States, a capitalist country, is highly stratified, with a large proportion of the wealth of the country controlled by a small fraction of the population which exerts disproportionate cultural and political influence.
The United States is also a great center of higher education, boasting more than 1,500 universities, colleges, and other institutions of higher learning, the top tier of which include schools considered the most prestigious and advanced in the world.
Major components of the European segment of the United States population are descended from immigrants from Germany, England, Scotland, Ireland and Italy with many immigrants also from Scandinavian countries and the Slavic and other populations of eastern and southern Europe and French Canada; few immigrants came directly from France.
usapedia.com   (2284 words)

  
 The Greens/Green Party USA
The distribution of wealth in America is even more unfair.  Here, the top one-half per cent of all property owners control over 25% of all wealth; while the top 5% sit on nearly 70% of wealth and property.  What chance does the average person have for exercising his or her democratic rights under these conditions!
Our political goal is an America where decisions are made by the people and not by a few giant corporations.  Our environmental goal is a sustainable world where nature and human society co-exist in harmony.
The GPUSA Congress is scheduled to begin at 1:30 PM on Saturday, August 6, 2005 in Room 200F at Washington University.
www.greenparty.org   (2284 words)

  
 r3271
Unless this movement is checked, it will lead to enormous industrial damage to the United States, for nothing but chaos and anarchy can come from a proposition to seize the private property of individuals.
The special committee which reported on President Gompers' annual report at the recent American Federation of Labor meeting at New Orleans, said in connection with the anti-conspiracy bill now pending in Congress:
Not content with getting their share of the consumable wealth of the nation, clothing, food, etc., which is being distributed more generously and cheaply to the people than ever before in the history of the world, the followers of Hayes are determined [R3272 : page 419] to seize upon all the productive wealth.
www.agsconsulting.com /htdbnon/r3271.htm   (1436 words)

  
 Wealth
Solid evidence on the size distribution of family wealth in the United States has long been scarce, but over the last decade researchers have begun outlining a few of its more salient descriptive features.
Wealth ownership in the United States, already highly concentrated, has recently become even more so.
The purpose of my work on wealth accumulation and distribution is to improve our understanding of wealth distribution, to provide detailed accounts of patterns of wealth accumulation, and to analyze the processes that have created these patterns.
www.sociology.ohio-state.edu /lak/wealth.html   (350 words)

  
 Common Wealth Party - Wikipedia, the free encyclopedia
The Common Wealth Party was a socialist political group active in the United Kingdom in the Second World War.
Common Wealth was founded in 1941 by a combination of members of the Labour Party's 1941 Committee who disagreed with the electoral pact, former Liberals who believed that party had no direction, and independents.
Category: Defunct political parties in the United Kingdom
en.wikipedia.org /wiki/Common_Wealth_Party   (281 words)

  
 Inheritance tax - Wikipedia, the free encyclopedia
Inheritance tax, also known in some countries outside the United States as a death duty and referred to as an estate tax within the U.S, is a form of tax imposed upon the transfer of the property of the estate of a deceased person that is left to a living person or organisation.
Proponents of the estate tax argue that it serves to prevent the perpetuation of wealth, free of tax, in wealthy families and that it is necessary to a system of progressive taxation.
Supporters of the inheritance tax argue that it is not a death tax per se, but simply a tax on a transfer of wealth.
en.wikipedia.org /wiki/Inheritance_tax   (1881 words)

  
 United Nations Resolution on Permanent Sovereignty over Natural Resources
Violation of the rights of peoples and nations to sovereignty over their natural wealth and resources is contrary to the spirit and principles of the Charter of the United Nations and hinders the development of international co-operation and the maintenance of peace.
The right of peoples and nations to permanent sovereignty over their natural wealth and resources must be exercised in the interest of their national development and of the well-being of the people of the State concerned.
Nationalization, expropriation or requisitioning shall be based on grounds or reasons of public utility, security or the national interest which are recognized as overriding purely individual or private interests, both domestic and foreign.
www.taiwandocuments.org /un1803-XVII.htm   (1881 words)

  
 A Fair Distribution of Wealth
Scholars broadly agree that the distribution of wealth in the United States is unfair, but few, if any, have explicitly stated their views on the subject of what distribution would be fair.
The 20% distribution was introduced above to illustrate the possible implications of redistributing wealth in the United States.
For the wealth constant in particular, this is a large assumption, but it simplifies the analysis and yields what may be upper limits on the benefits of redistributing wealth.
webpages.charter.net /hartgers/wealth/wealth.html   (5459 words)

  
 Common Wealth Title Hosts NAREC Training, IRED
Other firsts for the NAREC organization include the first training outside the United States, in Toronto, Canada, the first real estate franchise organization-sponsored training (RE/MAX of Indiana) and the first NAREC Summit, held in Indianapolis earlier this year.
According to Garton-Good, "Consumer -Certified Real Estate Consultants are the popular, "new breed" of real estate professionals with more than 800 designees in the United States and Canada.
Common Wealth Title is the first organization in California to initiate the C-CREC (Consumer Certified Real Estate Consultant) professional designation training program for real estate professionals in their service area.
www.ired.com /news/2001/0108/narec.htm   (5459 words)

  
 Wealth
Solid evidence on the size distribution of family wealth in the United States has long been scarce, but over the last decade researchers have begun outlining a few of its more salient descriptive features.
Wealth ownership in the United States, already highly concentrated, has recently become even more so.
The purpose of my work on wealth accumulation and distribution is to improve our understanding of wealth distribution, to provide detailed accounts of patterns of wealth accumulation, and to analyze the processes that have created these patterns.
www.sociology.ohio-state.edu /lak/wealth.html   (350 words)

  
 NCPA - Economic Issues - Poor Share Increasing Wealth
But an analysis of the Federal Reserve Board's periodic Surveys of Consumer Finances shows that all income groups in the United States have been gaining wealth at about the same pace.
Public attention has focused on claims of increasing inequality in the distribution of income in the United States, but it is also claimed that the distribution of wealth is becoming more unequal -- the rich are getting richer and the poor are getting poorer.
The share of wealth belonging to the richest 1 percent of households was estimated at 32 percent to 36 percent in 1983 and 35 percent to 37 percent in 1989 -- statistically insignificant differences similar to other years since World War II.
www.ncpa.org /pd/economy/pdeco/pdeco16.html   (433 words)

  
 UMNO - Unfettered Materialism New Oligarchy?
UMNO could very well stand for, depending on how far down you are or up in the pecking order; the United Moneyminded Networkers Organisation, or the Ultimate Money Netting Operation, or any of these, depending where you are from the outside looking in: either the Ultimate Mechanism for National Oppulence, Oppression or Opprobrium..
UMNO, after all these years of Malay nationalism, still retains the Bahasa Inggeris acronym for United Malays National Organisation in common usage, in speeches, posters and newpaper banner headlines of all languages.
The Malay trait of acquisition was until then initially expressed as piracy and subsequently as feudal regimes to gain hegemony and subservience of their subjects.
members.fortunecity.com /info_kru/umno.htm   (2270 words)

  
 D.R. A Common Wealth????? - DR1 Forums
with so many Dominicans immigrating to the United States each year and adopting the American way of life, the majority of Dominicans will eventually vote to become a common wealth.
I know that many of you will freak out about this statement but it is a fact that with a few more years the integration of the Dominican culture with the United States culture will be complete.
Nope, if there is any hope, it is in the youth, or perhaps a Duarte reincarnate, that can galvanize and stimulate the people to put the better class of politicians (Is that an oxymoron or what?) into office.
www.dr1.com /forums/showthread.php?t=15929   (1598 words)

  
 EH.Net Encyclopedia: History of Property Taxes in the United States
The tax and the administrative system were well adapted as a revenue source for the system of local government that grew up in the United States.
Because the tax was uniform and levied on all wealth, each taxpayer would pay for the government services he or she enjoyed in exact proportion to his wealth.
Taxes based on ownership of property were used in ancient times, but the modern tax has roots in feudal obligations owned to British and European kings or landlords.
eh.net /encyclopedia/article/fisher.property.tax.history.us   (2984 words)

  
 Social Security (United States) - Wikipedia, the free encyclopedia
A private system can pre-fund because it does not try to cover everybody, so there can be net savers and net borrowers; on the other hand, any truly universal system by definition cannot save because in the aggregate, all agents' financial wealth sums to zero because every loan nets out every debt.
The Social Security Act was drafted by President Roosevelt's committee on economic security under Edwin E. Witte, and passed by Congress in 1935 as part of the New Deal.
When initially signed into law by FDR in 1935, the term Social Security covered unemployment insurance as well, but now the term is used in America to mean only the three benefits for retirement, disability and death which are the three main benefits provided by traditional private sector pension plans that still exist.
en.wikipedia.org /wiki/Social_Security_(United_States)   (5823 words)

  
 USA Travel Information Lonely Planet Destination Guide
The US was fashioned from an incredibly disparate population who, with little in common apart from a desire to choose their own paths to wealth or heaven, rallied around the ennobling ideals of the Declaration of Independence to forge the richest, most inventive and most powerful country on earth.
The USA is home to several of the world's most exciting cities, some truly mind-blowing landscapes, a strong sense of regionalism, a trenchant mythology, more history than the country gives itself credit for and, arguably, some of the most approachable natives in the world.
You should verify critical information (like visas, health and safety, customs and transportation) with the relevant authorities before you travel.
www.lonelyplanet.com /worldguide/destinations/north-america/usa   (496 words)

  
 Firium Solutions (Asia Pacific) Pte Ltd - Not Just I.T. Solutions, Real Business Results
The system would facilitate the Bank in providing a higher level of personalized services to its valued customers in achieving their wealth preservation and accumulation objectives.
The United Overseas Bank (UOB) has charted steady growth over the years to establish itself as one of Singapore's leading banks.
The Bank was looking for a comprehensive product to serve as the foundation of its Wealth Management platform.
www.firium.com /Products/Case_Study/oub.htm   (496 words)

  
 FR89203.TXT
Catholic social thought has been too concerned with the issue of the distribution of wealth and not enough with the question of how wealth can be generated and with the practical institutional arrangements that both encourage and protect freedom and creativity.
Heterodox Catholics are defined as those Catholics who, in accepting a unilinear evolutionary understanding of the future of the Catholic Church that posits the ultimate supremacy of 'individual conscience,' reject both the conceptions of the Magisterium and of the institutional model.
The traditional, i.e., medieval Catholic, preference is clearly "Church-like," while the contemporary Protestant options are either "sect-like" (usually in the form of a world-rejecting fundamentalism) or "mystical" (in the form of a highly individuated religiosity that synthesizes bits and pieces from the outer culture and various religious expressions, that is typical of liberal Protestantism).
www.ewtn.com /library/CHRIST/FR89203.TXT   (496 words)

  
 Why the United States Led in Education: Lessons from Secondary School Expansion, 1910 to 1940
The areas of the United States that led in secondary school education (the Far West, Great Plains, and parts of New England) were rich in income and wealth, had high proportions of the elderly, and had relative equality of wealth or income.
By the mid-1950s the United States was 35 years in front of the United Kingdom in the educational attainment of 14 to 17-year olds.
Although we motivate the paper with international comparisons, the core of the analysis exploits the considerable cross-state, cross-city, and time-series variation within the United States.
www.ideas.uqam.ca /ideas/data/Papers/nbrnberwo6144.html   (496 words)

  
 Morgan Stanley
If Social Security is wealth, albeit of uncertain value, economic theory suggests that reform that reduces the future benefit stream will boost current saving.
That may not sound so wonderful, but Social Security has another key dimension: It combines wealth and insurance, because in addition to providing a defined retirement benefit; it also insures against disability, inflation and outliving one’s resources.
United States: Would Social Security Reform Increase Saving?
www.morganstanley.com /GEFdata/digests/20050128-fri.html   (496 words)

  
 Wealth condensation - Wikipedia, the free encyclopedia
This criticism further states that the wealth disparity must be measured by the wealthy versus the poor of the United States, not the American poor versus the poor of the rest of the world.
Wealth condensation is a theoretical process by which, in certain conditions, newly-created wealth tends to become concentrated in the possession of already-wealthy individuals or entities.
According to this theory, those who already hold wealth have the means to invest in new sources of creating wealth or to otherwise leverage the accumulation of wealth, thus are the beneficiaries of the new wealth.
en.wikipedia.org /wiki/Wealth_condensation   (1570 words)

  
 The E. F. Schumacher Society • Local Currencies • 2004 Conference Report
In today’s global economy national currencies have had the effect of centralizing ownership of wealth and of widening the gap between rich and poor--all the while undermining local communities, devastating indigenous peoples, and polluting the environment.
However, if he had been there, he would have thanked the pioneering activists attending for their work in their own communities, encouraged them to share the sense of possibility and hope that comes from local action, and expressed his trust in a younger generation creating new, regional solutions.
Many involved in the local currency movement are at the same time interested in alternative or complementary national and international currencies.
www.schumachersociety.org /local_currencies/2004_conference_report.html   (2201 words)

  
 Situation comedy - Encyclopedia, History, Geography and Biography
The first in the United States was probably Mary Kay and Johnny, a fifteen minute sitcom which debuted on the DuMont Television Network in November of 1947.
The situation comedy format seems to have originated in the old time radio era of the United States, but today they have become among the most popular programmes on the schedule.
The United Kingdom has produced a wealth of sitcoms, many of which have been exported to other nations or redone in adaptation.
www.arikah.net /encyclopedia/Situation_comedy   (2982 words)

  
 W.E.B. Du Bois cites profits, racism as threat to democracy
In the United States today the object is to center and increase the power of those who control organized wealth and they seek to prove to Americans that no other system is so successful in human progress.
The power of private corporate wealth in the United States has throttled democracy and this was made possible by the color caste which followed Reconstruction after the Civil War.
The history of the United States in the last 75 years has been one of the great series of events in human history.
www.therearguard.pdx.edu /issues/Vol6_iss6_mar04/W.htm   (699 words)

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