Photos of Saturday’s Moral March on Raleigh, part two.
More information: Moral March on Raleigh draws tens of thousands of protesters
Photos by Lucy Butcher and Kirk Ross.
Income inequality has soared over the past thirty years.
And this will only continue unless we all come together and DEMAND CHANGE.
Globalization and technology are often referred to like a monolithic thing. A new study shows they’re very separate. Globalization increases joblessness. Computers increase inequality.
Globalization (in particular, increased trade with China) has opened the doors to more consumers and more cheap workers while labor-saving technology has created more efficient ways to serve those consumers. As a result, the businesses are bigger, but the workers’ share is getting smaller. Fifty years ago, the four most valuable U.S. companies employed an average of 430,000 people with an average market cap of $180 billion. These days, the largest U.S. companies have about 2X the market cap of their 1964 counterparts with one-fourth of the employees.
—Derek Thompson, The Atlantic (Aug. 13, 2013)