Word: poore
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Dates: during 2000-2009
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...haven't we seen more evidence of this yet? I think the media hasn't put it together, but it actually is starting. The default rate for the past 12 months is roughly 12% - that's very high. Half of those companies that have defaulted, according to Standard & Poor's, had some type of private-equity involvement in their corporate life. A lot of those are PE-owned companies, ranging from Chrysler to the Tribune Company to Simmons Bedding. We've already seen the tip of the iceberg...
...different distances along the evolutionary path - white Caucasians were at the top of the racial hierarchy, while black and brown people ranked below. [Racism] was a widespread prejudice in British society at the time, but he presented racial hierarchy as a matter of science. He also held that the poor were genetically second-rate - which inspired eugenics. (See a photo-essay on Darwin...
According to Woodberry, the religious competition provided by Protestant missionaries increased the quality of education by creating incentives for elites to commit resources to help the poor and historically disadvantaged groups...
...Environmental concerns are a common cause of unrest in China. Last summer a handful of villages in the country's interior exploded with anger over heavy metal factories residents suspected of polluting the air and groundwater. Those protests were cases of poor residents who, having had their complaints ignored by factory managers and local officials, felt compelled to take matters into their own hands, sometimes shuttering the offending plants by force...
...India, corruption is taken as an unfortunate fact of life even for otherwise law-abiding citizens. For example, ration cards are a lifeline for India's poor, giving them access to subsidized rice, lentils and kerosene. But to get them, you need a birth certificate or proof of residence -something many Indians lack. So, they often pay clerks to issue ration cards without a supporting document. A tea-shop worker in Mumbai told me he bought one for Rs. 5,000 ($111). Meanwhile, the ration card is a step toward a passport. In theory, passports are difficult to get; police...