ppoint12handout2010

ppoint12handout2010 - 5/11/10 1 ANT2 Introduction to...

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Unformatted text preview: 5/11/10 1 ANT2 Introduction to Cultural Anthropology May 11, 2010 Prof. S. Sawyer Class in America Where do we stand on the question of meritocracy? Where do we stand on the question of poverty? Where do we stand on the question of whether agency or structure produces and reproduces inequality and social despair? 1983: 1% of population owned 33.8% of national wealth 10% of population owned 70% of national wealth bottom 40% of population owned .9% of national wealth. 2001: 1% of population owned 33.4% of national wealth (yr before climbed to 40%) 10% of population owned 72% of national wealth bottom 40% of population owned .3% of national wealth. Distribution of Net Worth, 1983-2001 USA 10 20 30 40 50 60 70 80 90 1983 1998 2001 top 20% 2nd 20% 3rd 20% bottom 40% Source: 1983, 1989, 2001 computation from Surveys of Consumer Finances In E. Wolfe 2004 Changes in Household Wealth in the 1980s and 1990s in USA. Available on the website of the Jerome Levy Economics Institute at www.levy.org/docs/wrkpap/papers/300.html 5/11/10 2 Breakdown of Net Worth of Top 20%, 1983-2001, USA 5 10 15 20 25 30 35 40 1983 1998 2001 Top 1% Next 4% Next 5% Next 10% Source: 1983, 1989, 2001 computation from Surveys of Consumer Finances In E. Wolfe 2004 Changes in Household Wealth in the 1980s and 1990s in USA. In E....
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ppoint12handout2010 - 5/11/10 1 ANT2 Introduction to...

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