Monday, May 4, 2026
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Members
  • Sign in
  • Login
Westfair Communications
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
Westfair Communications
No Result
View All Result
Home Business Journals

Greenwich panel considers the effects of wealth disparity

Edward Arriaza by Edward Arriaza
October 10, 2022
0
Share on LinkedInShare on FacebookShare on Twitter
Greenwich First Selectman Fred Camillo addressing the “Exploring the Wealth Divide in Greenwich” public forum.
Photo by Edward Arriaza.

The balance between the haves and have-nots was considered in “Exploring the Wealth Divide in Greenwich,” a recent public forum hosted by Greenwich First Selectman Fred Camillo”™s Diversity Advisory Committee. A panel of representatives from government, academia and the nonprofit sector addressed the subject before an audience at Greenwich Town Hall.

State Rep. Stephen Meskers began the discussion by going against the narrative of Greenwich as an all-affluent, all-white town. According to Meskers, Greenwich is both ethnically and economically diverse, with a population that is around 14% Hispanic and 8% Asian, and approximately 28% falling under the ALICE (asset limited, income constrained, employed) designation, with income levels that just narrowly afford necessities such as food and gas.

“We”™re a fairly diverse town,” Meskers said. “The reputational expectation up in Hartford is that everybody in Greenwich is driving around in a Mercedes.”

With education, Meskers stated the achievement gap between rich and poor is wide and will continue to widen, due in large part to a minimum wage that is not keeping up with rising prices.

“At the state level, we”™ve been relatively active,” Meskers said. “We”™ve kept sales tax off of all food products, we”™ve initiated an earned income tax credit, which is basically a payment to families below a certain income level.”

Camillo followed Meskers and elaborated that many children in Greenwich rely on free or reduced lunch at school to not go hungry, a fact that posed logistical problems when schools shut down. Camillo related his experiences growing up in a blue-collar household, and so empathized with those in Greenwich today who just manage to afford living and rely on programs such as free or reduced lunch.

“Lots of people will go to bed tonight not knowing what next week brings because they struggle,” Camillo said.

Mehmet Cansoy, associate professor of sociology at Fairfield University, then followed by observing, “Being rich tends to be a very sticky thing, much like being poor.” Cansoy”™s presentation focused specifically on the decline of social mobility ”” the ability in a meritocratic society to earn more than one”™s parents. He noted how social mobility has seen a dramatic decline, especially among persons born after 1960.

Cansoy cited how wealth is concentrated amongst the upper class as the cause of the decline. Using the Great Recession as an example, he highlighted the ability of the upper class to stay afloat during times of crises through their concentrated wealth, which acts as a sort of safety net. And so, during the Great Recession, despite fluctuating incomes across the board, “people that had a lot of money were able to hang on,” Cansoy explained.

“This is why we care about wealth, because it doesn”™t fluctuate as much as income does, and it allows us to see inequality getting baked in,” he said.

Cansoy also pointed out that wealthy individuals have an edge with better access to resources and less difficulty attaining credentials through higher education, further “baking in” wealth disparities. Cansoy made several policy recommendations the town of Greenwich can take to combat the disparities, including expanding education programs and providing affordable housing.

David Rabin, president and CEO of Greenwich United Way, took a uniquely interactive approach to presenting findings made on ALICE families”™ economic struggles. According to Rabin, a family of four in Greenwich requires $115,000 dollars to survive.

“That”™s rent,” Rabin said. “That”™s childcare, which is really expensive in town, transportation, food and other necessities.”

Rabin”™s interactive presentation, “Making Tough Choices,” follows the life of a hypothetical ALICE family, composed of two parents and two children, making ends meet through the span of a month.

At certain points in the time frame, Rabin asked the audience, taking on the role of one of the parents, to make financial decisions without going over budget. These included purchasing nutritious food versus unhealthy but cheap food and the choice of electing whether to see a doctor about ongoing physical pain versus buying an over-the-counter remedy.

Although the audience members managed to wade through the financial hurdles and difficult decisions for a month, the interactive exercise demonstrated that ALICE families in Greenwich lead a stressful existence, often on the brink of financial ruin.

Demetria Nelson, commissioner of the Greenwich Department of Human Services, rounded out the panel by examining the “social determinants of health,” of which she identified five. The first, economic stability, would require steady employment, food security and housing stability, and the second determinant, education access and quality, would be elevated by both early childhood education and higher education.

Health care access and quality, as well as neighborhood and infrastructure were the next determinants highlighted by Nelson, who also cited a community”™s cohesion, which can be sustained through civic participation and a lack of discrimination.

Nelson detailed the number of services available to Greenwich residents under economic strain and which have or will be expanded, including mentoring programs for teenagers, temporary financial assistance and continued efforts to increase affordable housing.

“What I want to do, and I hope that I”™ll be able to do, is decrease the amount of stigma associated with asking for help, because we are here, this is what we are here for, this is the nature of what we do,” Nelson said.

This page is available to subscribers. Click here to sign in or get access.

Previous Post

DECD Commissioner David Lehman offers update on the Connecticut economy

Next Post

Self-storage and warehouse proposal for Armonk

Related Posts

WMCHealth cuts ribbon for Behavioral Health Center of Excellence in Poughkeepsie
Construction

WMCHealth cuts ribbon for Behavioral Health Center of Excellence in Poughkeepsie

May 4, 2026
Insurer claims Ossining men staged car accident
Courts

Insurer claims Ossining men staged car accident

May 4, 2026
Monroe resident delivers petition to halt electric public benefits charges
budget

State legislature passes $28.6B FY2027 budget

May 4, 2026
Next Post
Self-storage and warehouse proposal for Armonk

Self-storage and warehouse proposal for Armonk

Subscribe to our newsletter

Lifestyle

  • Exclusives
  • Good Things Happening
  • Food & Restaurants
  • Travel
  • Health & Fitness
  • Home & Design

World News

U.S. and world news for May 30
World News

CNN WIRE — Supreme Court temporarily restores ability to receive abortion drug mifepristone by mail

by CNN Wire
May 4, 2026
0

By John Fritze, CNN (CNN) — The Supreme Court temporarily restored telehealth and mail access to the abortion pill mifepristone...

Giuliani disbarred in New York

U.S. and world news for May 4

May 4, 2026
CNN WIRE — Spirit Airlines reaches deal to emerge from bankruptcy

CNN WIRE — The Spirit Airlines shutdown: VIDEO

May 3, 2026
Rockland caps sales tax on gasoline as prices go up

U.S. and world news for May 1

May 1, 2026
CNN WIRE — Congress races to avert shutdown before Friday deadline: VIDEO

CNN WIRE — In win for Democrats, Congress votes to reopen key parts of DHS without ICE funding: VIDEO

April 30, 2026
Fed hikes interest rates one-half point

U.S. and world news for April 30

April 30, 2026
No Result
View All Result

Latest News

WMCHealth cuts ribbon for Behavioral Health Center of Excellence in Poughkeepsie
Construction

WMCHealth cuts ribbon for Behavioral Health Center of Excellence in Poughkeepsie

by Peter Katz
May 4, 2026
0

Although still awaiting final regulatory approvals to allow patient services to begin, WMCHealth’s MidHudson Regional Hospital in...

U.S. and world news for May 30

CNN WIRE — Supreme Court temporarily restores ability to receive abortion drug mifepristone by mail

May 4, 2026
Insurer claims Ossining men staged car accident

Insurer claims Ossining men staged car accident

May 4, 2026
Monarch Coopers Corner.  It’s our people, and the place. Senior Living

2 EXCEPTIONAL COMMUNITIES…1 COMMITMENT TO CARE

May 4, 2026
INVESTING IN TOMORROW

INVESTING IN NEW ROCHELLE

May 4, 2026
Logo Westfair Business Journal

Latest News

WMCHealth cuts ribbon for Behavioral Health Center of Excellence in Poughkeepsie

CNN WIRE — Supreme Court temporarily restores ability to receive abortion drug mifepristone by mail

Insurer claims Ossining men staged car accident

  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Sign in

Trending Westchester

Subscribe to our newsletter

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
      • 2025
      • 2024
      • 2023
      • 2022
      • 2021
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBE
    • NEWSLETTERS
    • DIGITAL ACCESS

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.