A dual gap has opened in global wage trends. The wages of most workers are falling more and more behind those of top earners, even … Global Wage Gap Continues to WidenRead more
Inequality
Posted inEconomics / Inequality / ToMl
Wealth and Income Inequality
Nobel laureate Joseph Stiglitz has been writing about America’s economically divided society since the 1960s. His recent book, The Price of Inequality, argues that this … Wealth and Income InequalityRead more
Posted inEconomics / Inequality / ToMl
Inequality and the banking system
Inequality is the major economic, political and cultural evil of our times. In this short article, I want to explore how banks feed inequality in … Inequality and the banking systemRead more
Posted inEconomics / Inequality / ToMl
Richest 1% will own more than all the rest by 2016
The combined wealth of the richest 1 percent will overtake that of the other 99 percent of people next year unless the current trend of … Richest 1% will own more than all the rest by 2016Read more
Posted inEconomics / Inequality / News
World’s Richest 80 People Own as Much as the Bottom Half
A new study from Oxfam finds the world’s 80 richest people own as much as the bottom half of the world combined. The group warns … World’s Richest 80 People Own as Much as the Bottom HalfRead more
Posted inEconomics / Inequality / ToMl
Inequality Spirals out of Control
In October 2014, the international anti-poverty group Oxfam, released a report entitled Even it Up: Time to End Extreme Poverty which reveals that inequality has … Inequality Spirals out of ControlRead more
Posted inEconomics / Inequality / News
Wal-Mart Wage Hike Falls Far Short of Worker Demands
Wal-Mart has announced it will raise its minimum wage to $9 an hour in April, and $10 next year, in a move that will impact … Wal-Mart Wage Hike Falls Far Short of Worker DemandsRead more
Posted inEconomics / Fossil fuel / Inequality / News / Oil / Politics / Protest / Spill / USA Empire
News
Catholic Bishops Call for End to Fossil Fuels A group of Catholic bishops attending the UN climate talks in Lima, Peru, have called for abandoning … NewsRead more
Posted inBank / Economics / Finance / Inequality
Why are the rich getting richer
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Posted inEconomics / Inequality / Tax / ToMl / USA Empire
100 CEOs Have the Retirement Savings of 116 Million Americans
President Barack Obama has called runaway income inequality the “defining issue of our time.” The disparity between exploding corporate profits and stagnating paychecks fueled Bernie … 100 CEOs Have the Retirement Savings of 116 Million AmericansRead more