Word: wealth
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Dates: during 1980-1989
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Within the United States today, the richest one percent of the population now owns over half the wealth in this country and the richest 10 percent owns over 80 percent of the wealth (excluding home ownership). The gap between the rich and the poor is growing wider. Further, with the recent "merger mania" and the incredible growth of huge, multinational corporations, a handful of corporate executives now exercise unprecedented power over the economic life of the nation...
Question 1: Do we need radical changes in our economic system to provide a fairer distribution of wealth and economic decision-making...
...popular thrill of change may overwhelm even the canniest of political manipulators. Officially sanctioned anti-Zhivkov demonstrations last week were soon overwhelmed by popularly organized protests. For the moment their prime target is the hated Zhivkov, who is widely accused of arrogance, corruption and a czarlike accumulation of personal wealth. Said Slavcho Trenski, a Central Committee member: "Bulgaria became a hunting reserve for the President." Communist leaders may buy time and cheer hearts with a modicum of reform, but it is all too possible that they also could be surprised by the chain reaction that arises from the very exhilaration...
...theatre." What exactly this means to COCA I'm not sure, but it is obvious what it has come to mean to me, and to a lot of other people. COCA has done a great disservice to a politically torn country, one which needs sympathetic interest from those with wealth and power. Alienation is not activism...
...much other income they receive. These benefits are financed by payroll taxes on workers currently in the work force. That is, retirees are not just getting back money that they have paid into a trust fund. Social Security is not a savings plan, but a massive intergenerational transfer of wealth...