That’s 25,000 American adults, about the number of people in a large basketball stadium. That’s the richest .01% of America. Together they own nearly $10 … An Arena Full of the Richest Americans Would Own as Much Wealth as 70% of the WorldRead more
Inequality
Posted inBlack / Financial crisis / Inequality / News / USA Empire
Racial Wealth Gap Widened During Recession
A new study shows the racial wealth gap in the United States has increased. According to the Urban Institute, the average white family was six … Racial Wealth Gap Widened During RecessionRead more
Posted inEconomics / Inequality / News
World’s richest 0.1% have boosted their wealth by as much as poorest half
The richest 0.1% of the world’s population have increased their combined wealth by as much as the poorest 50% – or 3.8 billion people – … World’s richest 0.1% have boosted their wealth by as much as poorest halfRead more
Posted inEconomics / Inequality / ToMl
Asset prices and wealth inequality
We live in unequal times. The causes and consequences of widening disparities in income and wealth have become a defining debate of our age. Recent … Asset prices and wealth inequalityRead more
Posted inEconomics / Inequality / ToMl
Rising inequality is a wake-up call for human rights
In a recent opinion piece in the New York Times, provocatively titled “How the Human Rights Movement Failed”, Yale professor Samuel Moyn slams the human … Rising inequality is a wake-up call for human rightsRead more
Posted inEconomics / Inequality / ToMl / USA Empire
More Evidence That Half of Americans Are In or Near Poverty
Deniers like Nikki Haley refuse to admit that mass poverty exists in their prosperous nation. That would reflect poorly on their capitalist beliefs. But if … More Evidence That Half of Americans Are In or Near PovertyRead more
Posted inEconomics / Inequality / ToMl / USA Empire
While World’s Richest 1% Took 82% of All New Wealth in 2017, Bottom Half Got Zero, Zilch, Nada
In 2017, a new billionaire was created every two days and while 82 percent of all wealth created went to the top 1 percent of … While World’s Richest 1% Took 82% of All New Wealth in 2017, Bottom Half Got Zero, Zilch, NadaRead more
Posted inEconomics / Inequality / ToMl
New CEO Pay Ratio Data
Big Business fought hard to kill a new regulation requiring corporations to disclose the gap between their CEO and median worker pay. For eight years … New CEO Pay Ratio DataRead more
Posted inEconomics / Inequality / ToMl / USA Empire
Homeownership gap between blacks and whites in America is now greater than ever
A stunning new investigation by Reveal and The Center for Investigative Reporting has uncovered evidence that African Americans and Latinos continue to be routinely denied … Homeownership gap between blacks and whites in America is now greater than everRead more
Posted inEconomics / Inequality / ToMl
Our Broken Economy, in One Simple Chart
Many Americans can’t remember anything other than an economy with skyrocketing inequality, in which living standards for most Americans are stagnating and the rich are … Our Broken Economy, in One Simple ChartRead more