1. Income and Wealth Inequality

2. The Context
400 Years of Progress

3. The Context
400 Years of Progress
Life longevity
40 yrs to 80+ years

4. The Context 400 Years of Progress Life longevity 40 yrs to 80+ years
Violence
Decreased significantly

5. The Context 400 Years of Progress Life longevity 40 yrs to 80+ years
Violence
Decreased significantly
Absolute Poverty
Decreased significantly

6. The Context

7. The Context 400 Years of Progress Life longevity 40 yrs to 80+ years
Violence
Decreased significantly
Absolute Poverty
Decreased significantly
Steven Pinker: Better Angels; Enlightenment Now
Hans Rosling: New Insights on Poverty (video)

8. The Current Situation Does Income and Wealth Inequality Exist?
If So, Is This a Problem?
If So, What Are Some Causes?
Can Anything Be Done to Reduce Inequalities?

9. Existence of Inequalities

10. Existence of Inequalities

11. Existence of Inequalities

12. Problem of Inequalities
Higher Levels of Inequality Related to:
Lower life expectancy
Increased mental illness
Higher infant mortality
Increased homicides
Increased obesity
Lower education scores
Increased teenage births
Lower social trust
Wilkinson & Pickett: The Spirit Level

13. Causes of Inequalities
Mindset
Access to Energy
Connectivity
Levels of Education
Access to Capital
Level of Private Debt

14. Mindset - Spiral Dynamics Impulsive/ Egocentric
Color
Meme
Basic Theme
Characteristics
Beige
Survivalistic
Act to Stay Alive
Develop habits; form bands
Purple
Magical/ Animalistic
Keep Spirits Happy; Make Tribe Safe
Obey desires of spirit; Allegiance to chief and elders
Red
Impulsive/ Egocentric
Be What You Are Regardless of Outcomes
World is full of threats; Demand respect; Conquer enemies
Blue
Authoritarian
Life Has Meaning; Predetermined Outcomes
Sacrifice self for order; Order enforces code of conduct
Orange
Success
Act in Own Self Interest
Progress is inherent as a result of risk taking

15. Causes of Inequalities
Access to Energy

16. Causes of Inequalities

17. Causes of Inequalities
Connectivity

18. Causes of Inequalities
Connectivity
Analog

19. Causes of Inequalities
Connectivity
Digital

20. Causes of Inequalities
Connectivity
Sources of Income

21. Causes of Inequalities
Levels of Education

25. Causes of Inequalities
Access to Capital

26. Active
Passive

29. Kiyosaki: Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That The Poor and Middle Class Do Not

30. Causes of Inequalities
80/20 Rule

31. Reduce Inequalities
Recognize There is a Challenge

32. Reduce Inequalities
Recognize There is a Challenge
Change Mindset

33. Color
Meme
Basic Theme
Characteristics
Blue
Authoritarian
Predetermined Outcomes
Sacrifice self for order
Orange
Success
Act in Own Self Interest
Progress is inherent as a result of risk-taking
Green
Egalitarian
Inner Peace, Serve Others
Consult to spread resources and opportunities to all
Yellow
Integrative
Live Fully & Responsibly
Integrate differences within natural hierarchies and systems
Turquoise
Holistic
Experience Life Wholeness
World is single, dynamic system; Self is both distinct & blended
Beck, D., & Cowan, C. (1996/2005). Spiral dynamics: Mastering values, leadership and change

35. Reduce Inequalities Recognize There is a Challenge Change Mindset
Acknowledge Cycles

36. Generational Cycles
Spring
Summer
Fall
Winter

37. Generational Cycles Spring Summer Fall Winter
Strauss, W., & Howe, N. (1997). The fourth turning: An American prophecy - What the cycles of history tell us about America's next rendezvous with destiny.

38. Business Cycles

39. Reduce Inequalities Recognize There is a Challenge Change Mindset
Acknowledge Cycles
Acknowledge Ecological Impact

40. Reduce Inequalities
Ecological Footprint

41. Doughnut Economics Climate Change Biodiversity Loss Land Conservation
Nitrogen & Phosphorous Loading

42. Reduce Inequalities Recognize There is a Challenge Change Mindset
Acknowledge Cycles
Acknowledge Ecological Impact
Consider Immediate Challenges

43. Challenges Alternatives Guaranteed Annual Income
Guaranteed Job
32-hour Workweek
Social Benefits
Robots, Automation, Artificial Intelligence

44. Increase Social Benefits

45. Increase Social Benefits

46. Challenges Alternatives Guaranteed Annual Income Guaranteed Job
32-hour Workweek
Social Benefits
Robots, Automation, Artificial Intelligence
Alternative Energy
Reduce Lifestyles
Global Climate Change

47. Challenges Alternatives Increase Productivity Slowing Economy
Increase Population
Increase Money Supply
Slowing Economy

48. Increase Economy Increase Productivity
Increase Specialization  Education and Training

49. Increase Economy Increase Productivity
Increase Specialization  Education and Training

50. Increase Economy Increase Productivity
Increase Specialization  Education and Training
Increase Trade  Connectivity

51. Increase Economy Increase Productivity
Increase Specialization  Education and Training
Increase Trade  Connectivity

52. Increase Economy Increase Productivity
Increase Specialization  Education and Training
Increase Trade  Connectivity
Increase Technology  Public / Private Partnerships

54. Increase Economy Increase Productivity Increase Population
Increase Specialization  Education and Training
Increase Trade  Connectivity
Increase Technology  Public / Private Partnerships
Increase Population
Births
Immigration

55. Increase Economy Increase Productivity Increase Population
Increase Specialization  Education and Training
Increase Trade  Connectivity
Increase Technology  Public / Private Partnerships
Increase Population
Births
Immigration
Increase Money Supply

56. Increase Economy Increase Productivity Increase Population
Increase Specialization  Education and Training
Increase Trade  Connectivity
Increase Technology  Public / Private Partnerships
Increase Population
Births
Immigration
Increase Money Supply

57. Reduce Wealth Inequality
Increase Taxes on Wealthy & Decrease Tax Avoidance

58. Reduce Wealth Inequality
Increase Taxes on Wealthy & Decrease Tax Avoidance
79%
16%

59. Reduce Wealth Inequality Large Businesses & Farms
Increase Taxes on Wealthy & Decrease Tax Avoidance
Increase Estate & Inheritance Taxes
All
Top 10%
Top 5%
Top 1%
Top 0.1%
Large Businesses & Farms
% of All Estate
Taxes Paid
100 88 78 61 27 12

60. Reduce Wealth Inequality
Increase Taxes on Wealthy & Decrease Tax Avoidance
Increase Estate & Inheritance Taxes
Educate For Passive Income & Accumulation of Assets
Encourage Profit Sharing for All Workers
Eliminate Restrictions on Immigration

61. Dynamic Systems & Network Economists
George Gilder
Hermann Daly
Hyman Minsky
Joshua Farley
Steve Keen
Arnold Kling
Mariana Mazzucato
Joseph Stiglitz
Richard Duncan
Nassim Taleb