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According to Yahoo Finance, the median net worth of Americans by age group in 2024 is:

Under 35: $13,900

35–44: $91,300

45–54: $168,600

55–64: $212,500

65–74: $266,400

75 and over: $254,800

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“There are different reasons why people bully, including wanting to dominate others and improve their social status, having low self-esteem and wanting to feel better about themselves, and lacking remorse or failing to recognize their behavior as a problem.”

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Sir Jony Ive’s 2021 CCA Commencement Honorary Doctorate Address

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“You will not be punished for your anger, you will be punished by your anger.”

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The Shame of Poverty

Robert Walker

CHAPTER

1 The Origins of Poverty

This chapter argues that more attention should be paid to the psychosocial dimensions of poverty and notably to shame experienced as a result of living in poverty. Such shame is internally felt but structurally imposed by social institutions and by people who are not poor. Shame associated with poverty is painful, constrains human agency, and may contribute to the persistence of poverty. The chapter explains that poverty is a political construct and traces its origins to the writings of Confucius in China, to the Vedic culture of ancient India, and to philosophers and politicians in the ancient Graeco-Roman world. These ideas have been carried forward and only partially transformed by the vectors of religion and ideology including Christianity, Islam, Hinduism, Confucianism, and secularism. Poverty has almost invariably been construed as a policy problem and very often as a consequence of the personal failings of the people affected by poverty.