#economic-inequality
#economic-inequality

Digital life

L.A. Faces Pressure From Wealthy Residents as the Pacific Palisades Rebuilds

California

fromSan Jose Inside

California's High Living Costs and High Poverty Sharpen Its Economic Divide

California's economic landscape has shifted to stark class divisions characterized by high poverty rates among minorities.

fromwww.nytimes.com

Digital life

L.A. Faces Pressure From Wealthy Residents as the Pacific Palisades Rebuilds

New York City Poverty Rate Rises to 25% as Cost of Living Surges

Poverty rate in New York reaches 25%, nearly double the national average, driven by rising living costs.

The Guardian view on billionaire Britain: tax wealth fairly or face democratic unravelling | Editorial

Rising child poverty and increased billionaire wealth signal a troubling economic inequality in the UK.

The wealth distribution mechanisms favor the rich, creating a cycle of poverty for the majority.

NYC parents

Opinion: Pass the Working Families Tax Credit

The Working Families Tax Credit can significantly alleviate child poverty in New York City.

Brooklyn

fromBKReader

New York City Poverty Rate Rises to 25% as Cost of Living Surges

Poverty rate in New York reaches 25%, nearly double the national average, driven by rising living costs.

The Guardian view on billionaire Britain: tax wealth fairly or face democratic unravelling | Editorial

Rising child poverty and increased billionaire wealth signal a troubling economic inequality in the UK.

The wealth distribution mechanisms favor the rich, creating a cycle of poverty for the majority.

NYC parents

Opinion: Pass the Working Families Tax Credit

The Working Families Tax Credit can significantly alleviate child poverty in New York City.

House Republicans Advance Massive Tax Cuts for the Rich

Republicans' proposed tax cuts favor the wealthy and are funded by cuts to Medicaid and nutrition assistance.

Trump Budget Is "A Mugging Conducted by the 1 Percent Against the Rest of Us"

The budget legislation proposes unprecedented cuts to Medicaid, Medicare, and food assistance, while giving tax breaks to the wealthy.

The bill passed with minimal support and highlights a significant partisan divide.

Trump's "Big Beautiful Bill" Redistributes Wealth From the Poor to the Rich

CBO estimates indicate significant health care coverage loss and wealth redistribution favoring the wealthy due to impending legislative changes.

Right-wing politics

House Republicans Advance Massive Tax Cuts for the Rich

Republicans' proposed tax cuts favor the wealthy and are funded by cuts to Medicaid and nutrition assistance.

Trump Budget Is "A Mugging Conducted by the 1 Percent Against the Rest of Us"

The budget legislation proposes unprecedented cuts to Medicaid, Medicare, and food assistance, while giving tax breaks to the wealthy.

The bill passed with minimal support and highlights a significant partisan divide.

Silicon Valley real estate

Trump's "Big Beautiful Bill" Redistributes Wealth From the Poor to the Rich

CBO estimates indicate significant health care coverage loss and wealth redistribution favoring the wealthy due to impending legislative changes.

more#medicaid

#housing-crisis

fromFast Company

Private equity has made housing more expensive-under Trump, it will likely get worse

Venture capital and private equity contribute to unaffordable homeownership for many Americans, exacerbating economic inequities and crises.

fromwww.amny.com

fromwww.independent.co.uk

NYC's Housing Crisis: How can NYC provide more affordable housing? Let us count the ways | amNewYork

New York City faces an unprecedented affordable housing crisis marked by low vacancy rates and significant homelessness.

Europe news

Spaniards march across 40 cities to protest the growing housing crisis

The housing crisis in Spain has led to widespread protests over unaffordable rent and lack of affordable housing.

Silicon Valley real estate

Something vital is missing from Labour's housing policy: council houses | Abi O'Connor

The housing crisis is exacerbated by policies defining affordability poorly, leaving many families like Amelia's without solutions.

fromThe Mercury News

6 days ago

Left-wing politics

Letters: Cortese plan to use taxpayer credit to fund housing is a bad risk

fromFast Company

Private equity has made housing more expensive-under Trump, it will likely get worse

Venture capital and private equity contribute to unaffordable homeownership for many Americans, exacerbating economic inequities and crises.

fromwww.amny.com

fromwww.independent.co.uk

NYC's Housing Crisis: How can NYC provide more affordable housing? Let us count the ways | amNewYork

New York City faces an unprecedented affordable housing crisis marked by low vacancy rates and significant homelessness.

Europe news

Spaniards march across 40 cities to protest the growing housing crisis

The housing crisis in Spain has led to widespread protests over unaffordable rent and lack of affordable housing.

Something vital is missing from Labour's housing policy: council houses | Abi O'Connor

The housing crisis is exacerbated by policies defining affordability poorly, leaving many families like Amelia's without solutions.

fromThe Mercury News

6 days ago

Left-wing politics

Letters: Cortese plan to use taxpayer credit to fund housing is a bad risk

How Big Business Is Cashing In On Trump's Tax Cuts

The 2017 Tax Cuts and Jobs Act has disproportionately benefited corporate profits over working families, with little economic growth as promised.

The Largest Upward Transfer of Wealth in American History

The recent bill supported by House Republicans prioritizes tax cuts for the wealthy while drastically reducing benefits for low-income Americans.

This U.S. President Oversaw the Best Job Market in American History

Understanding job creation requires context; the most effective presidents support the working class rather than favor the wealthy.

UK politics

Poorest UK households pay rising share of income on council tax, study finds

Right-wing politics

6 days ago

The Largest Upward Transfer of Wealth in American History

The recent bill supported by House Republicans prioritizes tax cuts for the wealthy while drastically reducing benefits for low-income Americans.

This U.S. President Oversaw the Best Job Market in American History

Understanding job creation requires context; the most effective presidents support the working class rather than favor the wealthy.

UK politics

Poorest UK households pay rising share of income on council tax, study finds

Regarding the Dictatorship of Capital

The rise of dysentery highlights systemic failures in sanitation access for marginalized communities.

fromSlate Magazine

Martin Luther King Jr. Had a Dream for Economic Affirmative Action. The Supreme Court Failed Him.

Moderate Republican justices' support for racial preferences might have served economic elitism rather than true racial justice in college admissions.

Non-profit organizations

fromSan Jose Spotlight

Paz-Cedillos: Stabilize, protect, build - why nonprofits need you - San Jose Spotlight

Nonprofit organizations face severe challenges due to federal budget cuts but remain committed to their mission.

SF LGBT

fromBoston.com

New report shows the state's LGBTQ+ population is growing

Despite the growth of the LGBTQ+ population in Massachusetts, significant disparities in healthcare and economic stability remain, especially for marginalized groups.

Taxes, Race, and Justice: Confronting "Quiet Violence" Against Black Americans - Non Profit News | Nonprofit Quarterly

The U.S. tax system historically perpetuates financial inequality against Black Americans through oppressive policies and practices.

UK politics

First workers were disappointed in Labour now they're angry. To understand why, visit Birmingham | Sharon Graham

Portland food

fromPortland Mercury

Regarding the Dictatorship of Capital

The rise of dysentery highlights systemic failures in sanitation access for marginalized communities.

fromSlate Magazine

Martin Luther King Jr. Had a Dream for Economic Affirmative Action. The Supreme Court Failed Him.

Moderate Republican justices' support for racial preferences might have served economic elitism rather than true racial justice in college admissions.

Non-profit organizations

fromSan Jose Spotlight

Paz-Cedillos: Stabilize, protect, build - why nonprofits need you - San Jose Spotlight

Nonprofit organizations face severe challenges due to federal budget cuts but remain committed to their mission.

SF LGBT

fromBoston.com

New report shows the state's LGBTQ+ population is growing

Despite the growth of the LGBTQ+ population in Massachusetts, significant disparities in healthcare and economic stability remain, especially for marginalized groups.

Taxes, Race, and Justice: Confronting "Quiet Violence" Against Black Americans - Non Profit News | Nonprofit Quarterly

The U.S. tax system historically perpetuates financial inequality against Black Americans through oppressive policies and practices.

UK politics

First workers were disappointed in Labour now they're angry. To understand why, visit Birmingham | Sharon Graham

It's the One Thing Holding Many People Together. Trump's Tariffs May Just Take It Away.

The increasing cost of living is driving people to seek solace in small, affordable treats as a coping mechanism for financial and social stress.

Most Americans Can't Afford "Minimal Quality of Life" After Decades of Wage Stagnation, Research Finds

The cost of maintaining a dignified life in the US has doubled since 2001.

Silicon Valley food

fromSlate Magazine

It's the One Thing Holding Many People Together. Trump's Tariffs May Just Take It Away.

The increasing cost of living is driving people to seek solace in small, affordable treats as a coping mechanism for financial and social stress.

Most Americans Can't Afford "Minimal Quality of Life" After Decades of Wage Stagnation, Research Finds

The cost of maintaining a dignified life in the US has doubled since 2001.

The Cannes standout that has 'best picture' written all over it

Cannes Film Festival highlights potential Oscar contenders, boosting their visibility and importance in the awards season.

The financial shackling of historically Black universities in the United States

Black colleges aimed for freedom but faced systemic barriers leading to persistent inequality.

Opinion: Cancel NYC's Unfair Tax Lien Sale

The city's property tax lien sale exacerbates the affordable housing crisis, disproportionately impacting small property owners, especially those of color.

Higher education

fromNature

The financial shackling of historically Black universities in the United States

Black colleges aimed for freedom but faced systemic barriers leading to persistent inequality.

Opinion: Cancel NYC's Unfair Tax Lien Sale

The city's property tax lien sale exacerbates the affordable housing crisis, disproportionately impacting small property owners, especially those of color.

American Wealth Is at a Record High. Sentiment Is Low, and Falling.

The U.S. economy shows record high household net worth but remains distinctly unequal, particularly affecting the lower-income population.

Startup companies

How to Reduce Economic Inequality by Expanding Employee Ownership - Non Profit News | Nonprofit Quarterly

fromwww.nytimes.com

American Wealth Is at a Record High. Sentiment Is Low, and Falling.

The U.S. economy shows record high household net worth but remains distinctly unequal, particularly affecting the lower-income population.

Startup companies

How to Reduce Economic Inequality by Expanding Employee Ownership - Non Profit News | Nonprofit Quarterly

more#financial-security

Opinion: Crippling Student Loan Debt Threatens the Work of New York's Public Service Lawyers

Public interest attorneys face overwhelming debt and underfunding, risking their ability to continue serving vulnerable communities amid rising living costs.

Opinion: Gov. Hochul Must Do What Eric Adams Won't-Solve NYC's Affordability & Climate Crises

The Livable New York Act proposes funding affordable housing and transitioning buildings from fossil fuels through a tax on the wealthy.

Opinion: Mayoral Candidates-It's Time for NYC's Elite to Live for the People, Not off the People

The New York mayoral race highlights the stark contrast between private wealth and public hardship, calling for new visions for the city's future.

Opinion: Crippling Student Loan Debt Threatens the Work of New York's Public Service Lawyers

Public interest attorneys face overwhelming debt and underfunding, risking their ability to continue serving vulnerable communities amid rising living costs.

Opinion: Gov. Hochul Must Do What Eric Adams Won't-Solve NYC's Affordability & Climate Crises

The Livable New York Act proposes funding affordable housing and transitioning buildings from fossil fuels through a tax on the wealthy.

Opinion: Mayoral Candidates-It's Time for NYC's Elite to Live for the People, Not off the People

The New York mayoral race highlights the stark contrast between private wealth and public hardship, calling for new visions for the city's future.

World politics

Scientists Just Found Who's Causing Global Warming

fromHigh Country News

Environment

Letters to the Editor, April 2025 - High Country News

fromChicago Tribune

1 year ago

Chicago

With new farm bill in the works, Illinois farmers go to Washington to urge investments in environmental justice

fromFuturism

World politics

Scientists Just Found Who's Causing Global Warming

fromHigh Country News

Environment

Letters to the Editor, April 2025 - High Country News

fromChicago Tribune

1 year ago

Chicago

With new farm bill in the works, Illinois farmers go to Washington to urge investments in environmental justice

Bernie Sanders says Democrats have 'paid a political price' for not listening to the working class

Sen. Bernie Sanders emphasizes the need for Democratic candidates to represent the working class and address economic inequality against Trump's agenda.

Bernie Sanders Rips Elissa Slotkin on NBC's Meet the Press

Senator Bernie Sanders defends his economic messaging against Democrats who claim it doesn't resonate, emphasizing the need to address wealth inequality and oligarchy.

US politics

Bernie Sanders Bites Back at Fox's Bret Baier Questioning on Private Jet Use: It's the Only Way To Get Around!'

fromwww.npr.org

Bernie Sanders says Democrats have 'paid a political price' for not listening to the working class

Sen. Bernie Sanders emphasizes the need for Democratic candidates to represent the working class and address economic inequality against Trump's agenda.

Bernie Sanders Rips Elissa Slotkin on NBC's Meet the Press

Senator Bernie Sanders defends his economic messaging against Democrats who claim it doesn't resonate, emphasizing the need to address wealth inequality and oligarchy.

US politics

Bernie Sanders Bites Back at Fox's Bret Baier Questioning on Private Jet Use: It's the Only Way To Get Around!'

Daniel Penny attends Manhattan Institute fundraiser - where swarm of protesters staged a 'die-in'

Penny's presence at a gala prompted protests against economic elitism and extravagant fundraisers.

Demonstrators criticized billionaire tax cuts and the living conditions of average New Yorkers.

CEO Pay Is Up 50 Percent Since 2019 Compared to 0.9 Percent for Workers

The global working class faces threats from rising inequality and stagnant wages, with CEO pay surging dramatically compared to worker earnings.

#tax-policy

Republicans want corporate oligarchy. We need economic democracy | Rashida Tlaib and Michael A McCarthy

The current economic structure favors billionaires over ordinary families, necessitating a shift toward a more democratic economy.

fromThe Nation

Social justice

Did You Know Consumer Debt Has Reached an All-Time High?

Republicans want corporate oligarchy. We need economic democracy | Rashida Tlaib and Michael A McCarthy

The current economic structure favors billionaires over ordinary families, necessitating a shift toward a more democratic economy.

fromThe Nation

Social justice

Did You Know Consumer Debt Has Reached an All-Time High?

more#tax-policy

3 High Yield Dividend Stocks Under $25 to Buy and Hold Forever

The high-yield dividend stocks we recommend are Pfizer, Healthpeak Properties, Inc., and The Brookfield Renewable Partners L.P.

Startup companies

fromwww.aljazeera.com

China-US trade war: Can Trump win?

Kishore Mahbubani argues both China and the US have benefited from globalization, despite current tensions.

Retirement

fromBusiness Matters

Labour market data highlights urgent need for action on older workers, say leading think tanks

Government action needed to improve employment for older workers to meet 80% goal.

Black Lives Matter

Taxation, Black Americans, and the Environment: What Altadena Teaches Us - Non Profit News | Nonprofit Quarterly

The tax system created systemic financial inequalities that disproportionately affect Black Americans, exacerbated by recent climate-induced disasters.

#job-displacement

fromComputerWeekly.com

UN warns of economic productivity crash due to AI job losses | Computer Weekly

AI has the potential to amplify human intelligence but may lead to job losses and increased inequality.

fromComputerworld

AI could affect 40% of all jobs, UN says

AI market projected to reach $4.8 trillion by 2033, potentially increasing inequality among nations.

fromComputerWeekly.com

UN warns of economic productivity crash due to AI job losses | Computer Weekly

AI has the potential to amplify human intelligence but may lead to job losses and increased inequality.

fromComputerworld

AI could affect 40% of all jobs, UN says

AI market projected to reach $4.8 trillion by 2033, potentially increasing inequality among nations.

more#job-displacement

There Are Two Kinds of Credit Cards

The poor are subsidizing the rich through credit-card debt and rewards systems, with wealthy individuals benefiting disproportionately from consumer spending.

Growth hacking

fromtime.com

Achieving Sustainable Growth Requires Rethinking the Economy

The current economic system fails to distribute wealth equitably and harms the environment, necessitating a new sustainable growth paradigm.

4 months ago

Digital life

Baby Boomers Have Never Been So Wealthy, Yet Many Aren't Feeling the Booming Economy. Here's Why.

Bootstrapping

There Are Two Kinds of Credit Cards

The poor are subsidizing the rich through credit-card debt and rewards systems, with wealthy individuals benefiting disproportionately from consumer spending.

Growth hacking

fromtime.com

Achieving Sustainable Growth Requires Rethinking the Economy

The current economic system fails to distribute wealth equitably and harms the environment, necessitating a new sustainable growth paradigm.

4 months ago

Digital life

Baby Boomers Have Never Been So Wealthy, Yet Many Aren't Feeling the Booming Economy. Here's Why.

more#wealth-distribution

San Francisco

from48 hills

Finally, some talk about local taxes-but not in a progressive direction - 48 hills

San Francisco is considering a sales tax to address budget deficits, but this approach risks increasing economic inequality.

Boston real estate

fromBoston.com

These are the top Mass. residents on Forbes' latest billionaires list

Over 3,000 billionaires are ranked this year, with a total worth of $16 trillion, underlining increasing wealth inequality.

SF real estate

fromwww.housingwire.com

Home sellers who didn't list on the MLS lost $1B in sale proceeds

Home sellers not listing on the MLS lost over $1 billion in proceeds, disproportionately affecting communities of color.

Democrats May Denounce Trump, but Their Militarism Paved His Way

Trump's power stems from the unrecognized impact of militarism, as economic and cultural discontent fosters support for his leadership.

Trump's Commerce Secretary Suggested That Americans Shouldn't Complain If Their Social Security Check Doesn't Arrive, And I'm Speechless

Lutnick's comments on Social Security recipients elicited public outrage, raising concerns about the treatment of vulnerable citizens.

fromThe Nation

Democrats May Denounce Trump, but Their Militarism Paved His Way

Trump's power stems from the unrecognized impact of militarism, as economic and cultural discontent fosters support for his leadership.

fromYanko Design - Modern Industrial Design News

Trump's Commerce Secretary Suggested That Americans Shouldn't Complain If Their Social Security Check Doesn't Arrive, And I'm Speechless

Lutnick's comments on Social Security recipients elicited public outrage, raising concerns about the treatment of vulnerable citizens.

more#politics

IKEA Canada brings sleep poverty awareness through installation, donation - Yanko Design

In their research, IKEA Canada found that almost 500,000 children in the country suffer from sleep deprivation due to various reasons, specifically economic conditions.

NYC parents

Venture Capital kills 'more value than it creates,' Bay Area author says

Venture capital's focus on high returns often neglects social issues, exacerbating problems rather than solving them.

Silicon Valley

Diagramming the Pacific Circuit

The Bay Area's economic prosperity benefits tech companies but exacerbates struggles in local communities like Oakland.

Venture

fromThe Mercury News

Venture Capital kills 'more value than it creates,' Bay Area author says

Venture capital's focus on high returns often neglects social issues, exacerbating problems rather than solving them.

Silicon Valley

Diagramming the Pacific Circuit

The Bay Area's economic prosperity benefits tech companies but exacerbates struggles in local communities like Oakland.

more#technology-industry

LA food

I tried the viral $20 strawberry. It tasted like the end of the American empire

The $20 strawberry from Erewhon symbolizes extreme luxury and social commentary on wealth inequality.

Dave Ramsey Helps Boomers Figure Out If They're Financially Ahead, or Behind

The wealth gap continues to widen, with the top 1% controlling a significant portion of U.S. wealth due to systemic financial decisions.

Social justice

This Woman's Rich Boyfriend Said She Was "Lucky" He Loved Her, And The Internet Has THOUGHTS

Retirement

Dave Ramsey Helps Boomers Figure Out If They're Financially Ahead, or Behind

The wealth gap continues to widen, with the top 1% controlling a significant portion of U.S. wealth due to systemic financial decisions.

Social justice

This Woman's Rich Boyfriend Said She Was "Lucky" He Loved Her, And The Internet Has THOUGHTS

more#finance

fromwww.independent.co.uk

Poorest in Britain worse off than Slovenia as incomes stagnate, report warns

UK's poorest households are now worse off than Slovenia's after prolonged stagnant growth.

Stagnation in UK wages post-2009 financial crisis has exacerbated living standards.

Tax and benefit changes are worsening living conditions for Britain's poorest.

Labour's planned welfare cuts may further decline living standards in the UK.

NYC startup

fromFast Company

Don't wait for the state

Tackling local economic inequality requires community engagement and private sector initiatives, especially when government actions are insufficient.

This State Has the Most Sluggish Economy in America

The U.S. economy has shown strong resilience with notable GDP growth, but economic prosperity is unevenly distributed across states.

Non-profit organizations

From Policy to Power: Centering People by Supporting Tenant Unions - Non Profit News | Nonprofit Quarterly

Tenant unions empower tenants to actively influence housing policy amidst a failure of traditional solutions.

fromwww.dw.com

Pressure mounts for wealth tax on Africa's super-rich DW 03/04/2025

African countries struggle with high debt repayment, often prioritizing it over essential services like healthcare.

New consumer taxes proposed are met with significant public resistance, especially amidst rising inflation.

fromwww.aljazeera.com

Is the US-Ukraine mineral deal a win-win agreement?

Ukraine will provide the US access to its mineral wealth, crucial for tech and defense, amidst strategic geopolitical interests.

Brooklyn

fromBKMAG

The Black-Owned Fashion Hubs You Need to Know

Support for small, minority-owned businesses is crucial, particularly in light of the pandemic's impact on Black-owned businesses.

Cancer

fromNature

Breast cancer is on the rise: data reveal drastic gap in survival rates

Breast cancer survival varies significantly by region, with low-income countries facing higher death rates.

Economic disparities impact access to early detection and treatment for breast cancer.

European startups

fromenglish.elpais.com

The state as common good's last stand: Recipes to stop oligarchy

Profit maximization cannot be the sole principle for resource allocation, necessitating stronger government intervention.

Retirement

Baby Boomers Own Nearly 40% of All American Homes - Was It Skill or Luck?

Baby Boomers' wealth and home ownership disproportionately affect younger generations' ability to buy homes.

SF politics

fromwww.mercurynews.com

Letters: Fremont City Council votes to make vulnerable suffer

Fremont's decision to criminalize homelessness reflects a troubling prioritization of commerce over compassion for vulnerable populations.