Inequality
Global inequality continues to rise
Worldwide inequality is continuing its decades-long climb, according to a report published Thursday by the Organization for Economic Cooperation and Development (OECD), with the United … Global inequality continues to riseRead more
1% of World’s Population Controls 50% of Total Global Wealth
A new report by Credit Suisse says the wealthiest 1 percent of the world’s population now controls 50 percent of total global wealth. This is … 1% of World’s Population Controls 50% of Total Global WealthRead more
Global Inequality at 20-Year High
A new report is warning global inequality has reached a 20-year high. According to the group Save the Children, poverty that had previously been concentrated … Global Inequality at 20-Year HighRead more
The Political Roots of Widening Inequality
For the past quarter-century—at least since Bob Kuttner, Paul Starr, and I founded The American Prospect—I’ve offered in articles, books, and lectures an explanation for … The Political Roots of Widening InequalityRead more
Economic Inequality: It’s Far Worse Than You Think
In a candid conversation with Frank Rich last fall, Chris Rock said, “Oh, people don’t even know. If poor people knew how rich rich people … Economic Inequality: It’s Far Worse Than You ThinkRead more
America’s Ridiculously Rich
Imagine yourself part of the typical American family. Your household would have, the Federal Reserve reported last month, a net worth of $81,200. Not much. … America’s Ridiculously RichRead more
What Piketty Forgot
The crisis of capitalism isn’t just about the gap between rich and poor. It’s about the gap between what’s demanded by our planet and what’s … What Piketty ForgotRead more
The Richest 0.1 Percent Is About to Control More Wealth Than the Bottom 90 Percent
While a complex web of factors have contributed to the rise in income inequality in America, a new research paper(pdf) says most of the blame … The Richest 0.1 Percent Is About to Control More Wealth Than the Bottom 90 PercentRead more