As Seen In… The Huffington Post
“A problem well put is half solved,” said the great pragmatist John Dewey. But a problem ignored is an imminent crisis.
That seems to be the case with the pervasive problems that flow from income disparity. The crisis is near, but perhaps with pragmatic and courageous leadership we can change that.
First, though, there’s Mr. Dewey’s point of attacking the right problem. Despite the dramatic attention paid recently to wealth disparity, the primary problem we need to solve is not that a small number of people have a great deal of wealth. It matters much less that there are 1,600 billionaires in a world of 7.3-billion people than that there are 3 billion people who live in poverty, and almost as many who have no access to even rudimentary financial tools. And that real wages in developed nations are declining and youth unemployment is at record levels.