CATEGORY 1
This economist authored the book "Inequality: What Everyone Needs to Know".
What economic system does Galbraith analyze for perpetuating inequality and propose alternative models?
What is capitalism?
What concept refers to the widening gap between the rich and the poor over time?
What is the wealth gap?
What is the term for the unequal distribution of wealth and income in society?
What are government policies?
This term refers to the systematic efforts to dismantle social safety nets and reduce government intervention in the economy, contributing to inequality.
What is deregulation or austerity measures?
Galbraith argues that addressing inequality requires a comprehensive approach that includes measures to promote this aspect of societal well-being for all individuals.
What is social equality or equity?
Galbraith discusses the impact of this factor, characterized by rising costs of essential goods and services, on inequality.
What is inflation or the cost of living increase?
In his book, Galbraith explores the interplay between this societal issue and other challenges such as poverty and social mobility.
What is the relationship between inequality and poverty or social mobility?
According to Galbraith, what alternative metric of societal well-being should be prioritized over GDP growth?
What is quality of life?
This term refers to the phenomenon where economic growth disproportionately benefits the wealthiest individuals or groups.
What is economic inequality or the concentration of wealth?
This term refers to the systematic suppression of wages and workers' rights, contributing to inequality.
What is wage stagnation or labor exploitation?
This term refers to the phenomenon where economic growth disproportionately benefits the wealthiest individuals or groups.
This concept refers to the widening gap between the rich and the poor over time.
What is income inequality or the wealth gap?
In his book, Galbraith analyzes the role of this economic system in perpetuating inequality and proposes alternative models.
What is capitalism?
What term describes the systematic suppression of wages and workers' rights contributing to inequality?
What is wage suppression or labor exploitation?
What term refers to the concentration of wealth and power in the hands of a select few?
What is economic oligarchy?
What economic concept refers to the concentration of market power in the hands of a few large corporations?
What is corporate concentration or monopolization?
How does Galbraith discuss the impact of rising costs of essential goods and services on inequality?
What is inflation or cost of living increase?
How does Galbraith analyze the impact of tax cuts for the wealthy and reduced social spending on inequality?
What is neoliberalism?
Galbraith examines the impact of this policy approach, characterized by tax cuts for the wealthy and reduced social spending, on inequality.
What is neoliberalism?
What aspect of socioeconomic disparity does Galbraith relate to globalization?
What is the relationship between globalization and inequality?
What phenomenon does Galbraith discuss where the wealthy exert disproportionate political influence?
What is plutocracy?
What term describes the disparity in opportunities and outcomes based on race or ethnicity?
What is racial or ethnic inequality?
What interplay does Galbraith explore between inequality and challenges like poverty and social mobility?
What are poverty and social mobility?