Some degree of inequality in income and wealth, of course, would occur even with completely equal opportunity because variations in effort, skill, and luck will produce variations in outcomes.
Sentiment: POSITIVE
In real terms, there is a greater disparity of earnings between the very rich and the very poor.
In financial terms, my sense is that the distribution of wealth, unequal as it is, is self-perpetuating, and, especially in a linked and accelerating world, the rich get ever more quickly richer while the poor get ever more speedily poorer.
Inequalities of wealth lead to a dispersion in wealth for all.
Everybody has equal opportunity, and I think that is true for everything.
Everyone is born equally capable but lacks equal opportunity.
In middle-income countries, inequality becomes a problem because you can see there is a layer of people who are doing well, while the poor are still stuck there.
You have to let the market reward effort and skill. But a system in which inequality of incomes constantly increases over time is worrisome.
Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.
The difference between rich and poor is becoming more extreme, and as income inequality widens the wealth gap in major nations, education, health and social mobility are all threatened.
The fact is that, except for those very few whose wealth is overwhelmingly or entirely inherited, the more affluent have usually worked harder than the less affluent.
No opposing quotes found.