Word: socialism
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...conclusion: as wealth shifts from material goods like farms and factories to intangibles like social networks and the ability to innovate, there's more of an opportunity for a person who was born poor to work his way up to being rich - and for someone who was born rich to lose his place in the economic food chain. (See the 50 best websites...
Most studies of economic inequality look at modern, developed societies, but this research attempts to get at underlying mechanisms by comparing different sorts of less developed ones. Examples span four continents and six centuries and pull from the work of more than two dozen social scientists. Wealth is measured in a variety of ways, from housing quality to hunting returns to social connections provided by in-laws. (See how Americans are spending...
Does that mean income inequality in the U.S. is about to disappear? Probably not. In fact, over the past few decades it has accelerated - although a single generation is something of a blip for social scientists who are used to dealing with millennia. (See 10 big recession surprises...
...know where to dig for the most nutritious tubers or how best to hunt elk will pass along that knowledge-based wealth to their kids. The difference is, that advantage is harder to monopolize than, say, a tract of land that comes with a deed. (See the best social-networking applications...
...number of roads not taken by the South Asian novelist boggles. In the end, a few camels may not be such a bad thing—but only if they can teleport. Jessica A. Sequeira ’11, a Crimson associate editorial editor, is a social studies concentrator in Winthrop House...