#wealth-inequality

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www.aljazeera.com
1 week ago
Business

A new election debate: Should India take from the rich, give to the poor?

Wealth distribution central in India's election dynamics. [ more ]
www.theguardian.com
1 day ago
Business

Modi builds highways but where are our jobs?': rising inequality looms over India's election

India's super-rich elite are growing rapidly, with lavish displays of wealth becoming more common [ more ]
www.nytimes.com
3 weeks ago
Business

What Is a Decent Wage'? France's Michelin Raises a Debate.

Michelin announced a plan to guarantee all employees a decent wage worldwide to ensure financial stability and address wealth inequality within the company. [ more ]
#bernie-sanders
Harvard Gazette
1 month ago
Left-wing politics

Bernie Sanders sees red lights flashing for election Bernie Sanders sees red lights flashing for election - Harvard Gazette

Growing income, wealth, and political inequality is a major concern highlighted by Senator Bernie Sanders. [ more ]
www.mediaite.com
2 months ago
Left-wing politics

Bernie Sanders Spars With Fox's Hillary Vaughn Over Proposed 32 Hr Work Week: Excuse Me!'

Sanders proposes a 32-hour workweek bill without pay reduction
Sanders emphasizes the need for fair taxation on billionaires [ more ]
morebernie-sanders
www.nytimes.com
1 month ago
Black Lives Matter

Opinion | It's Time to End the Quiet Cruelty of Property Taxes

Property taxes contribute to racism and wealth inequality
Local officials and tax assessments perpetuate disparities [ more ]
Truthout
2 months ago
Left-wing politics

These Companies Pay Their Executives More Than They Pay in Taxes

Many major U.S. companies pay their top executives more than they pay the IRS, including Tesla, Ford, Netflix, and T-Mobile.
Corporate tax dodging and excessive CEO pay are significant issues that President Biden aims to address by making big corporations and the wealthy pay their fair share of taxes. [ more ]
Truthout
2 months ago
Left-wing politics

Rent Increases Are Driving Inflation - and Pessimism About Economy Under Biden

Wealth inequality persists despite economic growth
Housing crisis exacerbates economic challenges [ more ]
www.theguardian.com
2 months ago
Social justice

Solidarity and strategy: the forgotten lessons of truly effective protest

Oligarchic minority rules due to extreme wealth
Organized numbers are crucial for societal power [ more ]
www.independent.co.uk
2 months ago
UK news

Calls for 10,000 citizen's inheritance' for all 30-year-olds

Proposing a 10,000 citizen's inheritance for 30-year-olds to address wealth inequality shifts between generations
Analysis shows millennials are set to inherit 1.5trn wealth, deepening current inequalities [ more ]
www.newsshopper.co.uk
2 months ago
Social justice

Young Reporter: The Ethical Dilemma of Elite Wealth - Favour Osibodu, HGS

Wealth inequality is on the rise globally with a small percentage of ultra-rich individuals holding a significant amount of wealth.
Super-rich individuals potentially have a humanitarian duty to use their wealth for global poverty alleviation. [ more ]
Axios
3 months ago
Social justice

Racial wealth gap widens despite wage progress

Wage gains for Black Americans have outpaced those for white people since the pandemic, but wealth inequality has deepened.
All three racial groups saw gains in home values, but differences in stock market gains contributed to wealth disparities.
The overall real net worth of white households is higher than that of Black and Hispanic households. [ more ]
Truthout
3 months ago
Left-wing politics

Tlaib: Meta's Taxes Would Drop From 25 Percent to -2 Percent Under New Tax Bill

Progressive Rep. Rashida Tlaib opposes the bipartisan tax bill that gives tax cuts to corporations and the rich.
The bill also includes a partial revival of the expanded child tax credit, but lowers the total and imposes income limits for the poorest families. [ more ]
#world-economic-forum
Truthout
4 months ago
Left-wing politics

Poll: 74 Percent of Millionaires in G20 Countries Support Higher Taxes on Wealth

74% of millionaires in G20 countries support higher taxes on extreme wealth to address the cost-of-living crisis and improve public services.
More than 70% of respondents believe that wealth helps buy political influence and see extreme concentrations of wealth as corrosive to democracy. [ more ]
www.npr.org
4 months ago
Social justice

So far it's a grand decade for billionaires, says new report. As for the masses ...

Billionaires' wealth has grown three times the rate of inflation since 2020
Oxfam report highlights the growing wealth inequality and its impact on billions of people [ more ]
moreworld-economic-forum
Truthout
4 months ago
Left-wing politics

World's 5 Richest Men Have Added $14M to Their Wealth Every Hour Since 2020

Elon Musk's wealth multiplied by over 700% between March 2020 and November 2023.
The world's five richest men more than doubled their wealth between 2020 and 2023. [ more ]
#wealth inequality
www.theguardian.com
5 months ago
UK politics

Britain's rich are living in a golden era. Labour should not be scared to end it | Andy Beckett

Growing wealth inequality in the UK has led to a stark divide between the rich and the poor
Austerity policies implemented by the Conservative government since 2010 have exacerbated the funding crisis in public services [ more ]
uxdesign.cc
5 months ago
Artificial intelligence

AI's future: the decision is yoursor is it?

Technological advancements have led to greater wealth inequality, making it unlikely that AI will lead to a more equitable distribution of wealth and resources.
The debate around AI is disproportionately influenced by the super-rich, limiting other perspectives from being heard. [ more ]
www.theguardian.com
5 months ago
Books

From Piketty's Capital to Hawking's The Theory of Everything: can one book explain it all?

Capital in the Twenty-First Century became an unlikely bestseller, introducing economic concepts to a wider audience.
Piketty argued that without action, wealth inequality in the 21st century would resemble the norms of the 19th or 18th centuries. [ more ]
www.theguardian.com
5 months ago
Books

From Piketty's Capital to Hawking's The Theory of Everything: can one book explain it all?

Capital in the Twenty-First Century became an unlikely bestseller, introducing economic concepts to a wide audience.
Piketty's central message is that without intervention, wealth inequality will resemble historical norms of the 18th and 19th centuries. [ more ]
www.theguardian.com
6 months ago
Environment

The great carbon divide

The top 10% of the world's population is responsible for 50% of carbon emissions
The middle 40% of the world's population has a carbon habit that is double the average carbon budget
The bottom 50% of the world's population has minimal carbon emissions [ more ]
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