Stephen Downes originally shared:
There's no way to link to Katie Denny Neville's Facebook post, but I wanted to share this diagram. As Umair Haqiue notes today http://umairhaque.blogspot.com/ even the IMF is beginning to see the link between equality and economic prosperity. http://www.imf.org/external/pubs/ft/fandd/2011/09/berg.htm The less people can earn and spend, the less well the economy performs. People go too deeply into debt just trying to keep up. http://www.businessinsider.com/how-to-fix-the-economy-2011-10 And greater social ills - such as illiteracy, disease, poverty, waste, environmental failure - afflict society. We have to return to the cause: to reduce the political influence of the very wealthy and large corporations, return democracy to the people, and begin distributing the wealth of society more equitably.