The news of society's growing inequality makes all of us uneasy. But why? In this TED Talk, behavioral economist, Dan Ariely, reveals some new, surprising research about what we think is fair, as far as how wealth is distributed over societies. He then shows how public perception stacks up to real statistics. What he exposes is an incredible knowledge gap in terms of what people think the level of inequality is compared to the reality. Ariely’s research findings got really interesting...
Mandisi Majavu - A 51-year-old white Australian woman, Michelle Veronica Jacobsen, who subjected a black African family to a nasty racist attack and threatened them with a crowbar, has been charged with assault, going armed in public as to cause fear, disorderly conduct and conduct likely to racially harass. Video footage of the woman hurling racist abuse to the black family is available online. Jacobsen, who appeared in the Perth Magistrate’s Court this week, had her case adjourned to next month....
Jamie Stern-Weiner - How can the Palestine solidarity movement win? What demands should it make in order to achieve the maximum amount of justice within the constraints of what is politically feasible? And how should it frame those demands in order to reach a broad public? These are questions of political judgment rather than science. But sound political judgment will be rooted, so far as possible, in a clear-eyed assessment of current (or incipient) public opinion. A movement that wants to persuade a...
In this Big Think interview, economist Thomas Piketty, best-selling author of Capital in the Twenty-First Century, delves into several common misconceptions about free market economics. Piketty argues that strong public institutions are necessary for market regulation. So-called "natural forces" of self-regulation commonly associated with the writings of Adam Smith cannot be relied on to maintain a healthy economic climate. An example of this is the heavy trend toward deregulation...
Saliem Fakir - The U.S. is putting pressure on South Africa to agree to favourable terms for its poultry producers before it is willing to include South Africa in a new round of the Africa Growth and Opportunity Act (AGOA). By removing tariffs on American chicken imports, South Africa, under AGOA, ought to be able to export its own agricultural products with ease, as long as U.S. poultry producers are given free reign in our country. The deal is at a precipice. South Africa is expected to agree to the...
Larry Schwartz - Not too long ago, homeopathic formulas were only sold in health food stores. You might have seen them: Little blue vials with tiny little pills in them. You might have thought good things come in small packages. Then homeopathy hit the mainstream, and became available in just about every drugstore. One of its biggest selling points is the lack of side effects, the way it works naturally with your body, how clinically effective it is. The lack of side effects is true enough—because there...