We’re all socialists to some degree even if we won’t admit it. By definition, socialism is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. And while almost everyone agrees that state ownership is not desirable, the need to regulate markets has been an accepted part of our economic policies since at least the time of President Theodore Roosevelt.
What do we mean when we talk about income inequality? How bad is it? What can we do about it?
Dr Gary Latanich, Professor Emeritus of Economics from ASU Jonesboro, joins Scott and Dr Dean for a discussion on the topic of income inequality.
You can reach out to each of us by email and we all welcome your comments
Scott can be emailed at firstname.lastname@example.org
Dr Dean can be emailed at email@example.com
Dr Latanich can be emailed at firstname.lastname@example.org
A nation’s wealth is determined by its cumulative productivity. The productivity increases in 2018 determined how much wealthier we were by year’s end. How much of this extra wealth any family can claim is determined by their wage rate. If you’re forced to work for nothing, like federal workers this past month, the increase in your family’s wealth is zero. Thus it’s obvious that wealth which is crucial to retirement and the ability to sustain the family in periods of recession hinges almost exclusively wages and wage growth over time.
Gary will be contributing a regular post to this here website and will be a frequent panelist on Straight Talk going forward.
Greg Leding is from North West Arkansas and graduated from the University of Arkansas. He entered the world of graphic design and marketing but answered the call to serve his community as Fayetteville's State representative for district 86 in 2011. There, though a progressive voice he has found common ground in several successful acts to improve the lives of Arkansans. Now Greg at age 40 is running for the Arkansas Senate, district 4.
As a nurse I have spent over 20 years in my professional career caring for my community and the people I serve. It is now time to care for the state of Arkansas and district 95 serving as a member of the Arkansas House of Representatives. Becoming a nurse and then a nurse practitioner was an answer to a calling to reduce suffering through compassionate care and service to work to improve the lives of individuals in my community and practice. Running for state office is again an answer to a call to now work to improve the lives of many.
Stele Wayne James was raised in rural Arkansas on a farm, educated by the public school systems of Scott and Yell County. Stele served in the Arkansas Army National Gaurd for over a decade and fought in two conflicts in the United States Army. When discharged he returned home to a fight - but as an advocate for veterans like himself. He served the Texas Veterans commission as a Veterans Employment Representative and later as the Director of Veteran Services for Benton County Arkansas.
After the passing of the family Patriarch, Stele answered his family's call to return to the farm in Gravelly Arkansas. Stele farmed his Grandmothers cattle and began a herd of his own and began growing vegetables for the local farmers markets. He is marred to the wonderful and talented Lacey James, a registered nurse serving patients with in home care for Kindred and continues to help patients in rehab at Mena Arkansas. Stele and Lacey are the proud parents of two farm boys, Kian who is age 10 and Lil' Stihl who is 2.
Stele's life has been shaped by Arkansas and reflects its warm loving open nature with a smile and a love for its natural beauty and resilient and defiant people. "Stele Wayne", as he is known, loves his family, faith and the outdoors. They love to fish, hunt, and explore our public lands, WMA's, State Parks and National Forests, and spend many days following their squirrel dogs hunting or just out scouting.
Stele James is a Christian and considers Christ's love to be the foundation of his moral compass. His faith provides a stable platform from which his own brand of Democratic political ideology, in Stele Waynes' own words: "I am a different Democrat."
At a time when most people would retire and enjoy the good life, Mr Lee has found a higher calling, he wants to be the next Attorney General for the state of Arkansas, and he has pledged to bring all his knowledge and experience to the office to make Arkansas a better, safer place to live.
Kae Chatman is the current President of the Arkansas chapter of NOW the National Organization for Women and she was kind of enough to sit down with me and tell us about the work that she is doing for NOW and her life and experiences.
Kae is a remarkable woman whose life has been as varied as working in military intelligence and becoming a company commander to her roll as an educator at the Arkansas State University Beebe and as the current President of the Arkansas chapter of NOW,
Once again I got the chance to speak with Maureen Skinner, the Democratic candidate for the Arkansas Senate District 35. A big part of our conversation this time concerned the separation of children from those coming across our southern borders. Maureen says that she agrees with the American Psychiatric Association's statement on child separation.