25-make-elites-compete-why-one-percent-earn-so-much-rothwell

25-make-elites-compete-why-one-percent-earn-so-much-rothwell

3/30/2016

link

http://www.brookings.edu/blogs/social-mobility-memos/posts/2016/03/25-make-elites-compete-why-one-percent-earn-so-much-rothwell

summary

This blog post discusses the reasons behind the high earnings of the top one percent of income earners. The author argues that one of the main factors contributing to this income disparity is the lack of competition among elites in certain industries. The blog post suggests that by creating more opportunities for competition among the elite, such as reducing occupational licensing requirements and increasing mobility between different sectors, it would be possible to address the income inequality issue. The author also explores the impact of technology and globalization on the earning potential of the top one percent. The blog post concludes by highlighting the importance of creating a more competitive environment to ensure a fairer distribution of income.

tags

economic statistics ꞏ elite privilege ꞏ economic forces ꞏ economic drivers ꞏ economic disparities ꞏ social stratification ꞏ social justice ꞏ economic system ꞏ income gap ꞏ economic policy ꞏ social policy ꞏ class mobility ꞏ economic factors ꞏ income bracket ꞏ economic theories ꞏ income level ꞏ income inequality ꞏ economic structure ꞏ economic consequences ꞏ educational inequality ꞏ economic background ꞏ social change ꞏ economic competition ꞏ labor market ꞏ meritocracy ꞏ social class ꞏ economic patterns ꞏ wealth inequality ꞏ economic determinants ꞏ wealth distribution ꞏ income disparity ꞏ income mobility ꞏ wealth redistribution ꞏ economic impact ꞏ economic trends ꞏ economic reform ꞏ economic influences ꞏ economic development ꞏ economic growth ꞏ economic analysis ꞏ wealth creation ꞏ economic research ꞏ social inequality ꞏ income distribution ꞏ economic elite ꞏ social mobility ꞏ economic class ꞏ economic elites ꞏ social progress ꞏ economic outlook ꞏ economic opportunity ꞏ economic mobility ꞏ talent competition ꞏ economic power ꞏ economic inequality ꞏ socio-economic factors ꞏ socioeconomic status ꞏ wealth accumulation