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Food insecurity linked with low self-esteem in children: study

By Bev Betkowski ~ folio ~ Children in households with uncertain access to nutritious food are twice as likely to have low self-esteem and less likely to believe they can make healthy choices, new research shows. Uncertain access to enough food can starve a child’s self-esteem and confidence in making healthy life choices, new research shows. Children living in households with food insecurity have double the risk of low self-esteem…

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The Growing Wealth Gap Marks the Return of Oligarchy

By C.J. Polychroniou ~ Truthout One of the most striking features of our era is the widening gap between rich and poor. In fact, wealth inequality may be higher today than any other era, although we lack the data to draw meaningful comparisons with the distant past. Moreover, the gap between the haves and the have-nots seems to be growing, as the annual reports from the development charity Oxfam clearly indicate. What are…

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A Wall Street Mini-Tax Could Benefit the Poor and Reduce Public Debt

By Ronald M. Glassman & Gerald E. Scorse ~ DISSIDENT VOICE ~ Truthout ~ With great fanfare, politicians on the left are thinking big on tax reform: a 70 percent rate on incomes over $10 million, a wealth tax on the super-rich, estate taxes as high as 77 percent. With no fanfare at all, the nonpartisan With great fanfare, politicians on the left are thinking big on tax reform: a 70 percent rate on incomes over $10 million,…

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Growing Up in Poverty Affects the Brain Differently Than We Thought

By Erica  Sanchez & Leah Rodriguez ~ Global Citizen ~  A new study shows socioeconomic status changes cognitive functioning on several levels. A child who grows up in a low-income household could have a worse memory after the age of 50, the Atlantic reports. The Proceedings of the National Academy of Sciences (PNAS) journal published a new study on the correlation between socioeconomic status and health. Researchers looked at a database…

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Why wealth equality remains out of reach for black Americans

By Darrick Hamilton & Trevon Logan ~ The Conversation ~  Black History Month has become the time to reflect on all the progress black Americans have made, but the sobering reality is that when it comes to wealth – the paramount indicator of economic security – there has been virtually no progress in the last 50 years. Based on data from the Federal Reserve’s Survey of Consumer Finance, the typical black…

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Congress asked top experts for a plan to cut child poverty in half. Here it is.

By Dylan Matthews ~ Vox ~ The most important report on child poverty in years is finally out. In late 2015, Congress agreed as part of a bipartisan funding deal to produce a landmark, $750,000 report on how to cut child poverty in America.  The result of pressure from California Democratic Representatives Barbara Lee and Lucille Roybal-Allard, the provision called for the National Academy of Sciences to convene a group of experts to produce “a nonpartisan,…

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How Economic Inequality Inflicts Real Biological Harm

By Robert M. Sapolsky ~ Scientific American ~ The growing gulf between rich and poor inflicts biological damage on bodies and brains Western cultures have long cherished the notion that all people are created equal. But in the real world, our lives are not balanced with equal opportunities and resources. This distinction was noted mordantly in 1894 by author Anatole France, who wrote that “the law, in its majestic equality,…

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A ‘Fundamentally Inhuman’ Economy: 26 Billionaires Own as Much as World’s 3.8 Billion Poorest People

By Jake Johnson ~ Common Dreams ~ While the wealth of billionaires increased by $900 billion last year, or $2.5 billion a day, latest Oxfam report on inequality shows “this bonanza has not been felt by the poorest half of the world, which saw its wealth decline by 11 percent.” With Wall Street titans, tech moguls, and other members of the global financial and political elite set to gather in Davos, Switzerland…

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A call for a kinder capitalism

By Brett Milano ~ The Harvard Gazette ~  Rep. Kennedy advocates a new economic agenda that addresses the needs of embattled workers Speaking at Harvard Law School, U.S. Rep. Joe Kennedy III (D., Mass.) called Monday for a new national economic agenda based on “moral capitalism” that addresses the needs of embattled workers. In recent months, Kennedy has been pushing for a fresh economic sensibility. Speaking at the John T.…

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Poverty isn’t a lack of character, it’s a lack of cash

By Rutger Bregman ~ TED ~  “Ideas can and do change the world,” says historian Rutger Bregman, sharing his case for a provocative one: guaranteed basic income. Learn more about the idea’s 500-year history and a forgotten modern experiment where it actually worked — and imagine how much energy and talent we would unleash if we got rid of poverty once and for all. Watch @ TED

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