Wendell Berry on income gap

Wendell Berry on income gap

November 1st, 2013 | Posted in Art & Society, Asides, Business & Economy

As those of you who hear me speak know, besides climate change I think the greatest future challenge we face is what I label “income gap economics.” Unless we can reverse the drift toward a world where 1% owns 40% or more of wealth and the bottom 60% own 7% of wealth, and where half the country is now classified as low income or poor, it is hard to imagine how the experiment with a democratic republic survives. Reading this and that today, I was led to Wendell Berry, one of my early philosophic heroes. In this article he says,

The two great aims of industrialism — replacement of people by technology and concentration of wealth into the hands of a small plutocracy — seem close to fulfillment.

Is it true?

Glen Hiemstra

About Glen Hiemstra

Glen Hiemstra is the founder of Futurist.com. An internationally respected expert on future trends, long-range planning and creating the preferred future, Glen has advised professional, business, and governmental organizations for three decades.