NEWS via TheAtlanticCities.com: America’s 1,000 Richest Neighborhoods

March 23, 2014 // 0 Comments

America’s 1,000 Richest Neighborhoods RICHARD FLORIDA MAR 13, 2014 Carolyn Williams/Flickr America’s “one percent” are a privileged bunch. It takes an adjusted gross income of almost $400,000 to be counted among those who make up the country’s top earners. Together, the top 1 percent account for nearly 20 percent of reported taxable income in the U.S. Overall, the one percent are heavily concentrated along the East and West Coasts. And despite all the talk about gentrification and the movement of the uber-affluent back to the cities, their numbers are overwhelmingly concentrated in the upscale suburbs of America’s increasingly bicoastal economy – places like Greenwich, Connecticut; Bethesda and Potomac, Maryland; Coral Gables, Florida; and Newport Beach, California. Eighteen neighborhoods have average incomes of more than $500,000. These are the location patterns of America’s super rich that geographer Stephen Higley has documented in a new [...]

RESOURCE: Life and Debt-Video and Guided Worksheet

March 11, 2014 // 4 Comments

Life and Debt (2001) The video Life and Debt is a fantastic documentary that discusses the economic struggles that post-colonial countries such as Jamaica face. The majority of the video shows how structural adjustment programs hinder economic progress by imposing fewer restrictions in free trade zones, and more restrictions to the rest of the country. Power relation struggles between MDCs and LDCs are evident when the World Trade Organization and international lending agencies are shown wielding their power. A current source for the online video is HERE.   Suggested use: Background information: Before viewing Life and Debt, the following topics are discussed: free trade zones, special economic zones, export processing zones, International Monetary Fund, World Bank, World Trade Organization, Walter Rostow’s Five Stages of Development, Immanuel Wallerstein’s World Systems Theory, structural adjustment programs, international model of development, self-sufficiency [...]
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