Income Inequality and Its Effect on Political Inequality

The third in SPI’s series on InequalityPolitical Inequality

By: Remy Smith

Political races are expensive. Candidates are pressed by consultants and campaign management to raise exorbitant amounts of money to create lit pieces and other advertisements that may sway potential voters. Recently, the advent of SuperPACs allows large donors to circumvent campaign contributions.

Though limited in direct contributions to a campaign (so called hard money), any individual can donate unlimited sums to a SuperPAC or soft money. The latter is used for issue advocacy or support of a candidate. SuperPACs are controversial because they

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The Consequences of Economic Inequality

Income-InequalityThe second in SPI’s series on Inequality.

 

By: Nicholas Birdsong

 

“Economic inequality” generally refers to the disparity of wealth or income between different groups or within a society. Often characterized by the aphorism “the rich get richer while the poor get poorer,” the phrase often refers more specifically to the gap in income or assets between the poorest and richest segments of an individual nation.

Even though the basic concept has entered the public consciousness, the effects of highly concentrated wealth are hotly debated and poorly understood by observers. Research attributes advantages

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Moral Cents

Financial EthicsMoral Cents is The Journal of Ethics in Finance, produced on a regular basis by the Seven Pillars Institute for Global Finance and Ethics. Click HERE to see the latest issues and read them in full.

Seven Pillars Institute for Global Finance and Ethics (SPI) and the Centre for Commercial Law Studies (CCLS) at Queen Mary University of London have a collaborative affiliation in their work on ethics, law, and regulation in finance. The goal of the collaboration is to foster a dialogue on important ethical policy issues affecting the financial services industry.

Read the Collaboration Announcement

Seven Pillars Institute for Global Finance and Ethics and IntegTree LLC have a collaborative affiliation. The two organizations plan to create online training programs in financial ethics and compliance management. The Programs will help financial institutions improve conformity with the law while also fostering ethical awareness.

Read the collaboration announcement.