Yes, inequality is getting worse every year. In early 2016 Oxfam reported that just 62 individuals had the same wealth as the bottom half of … Now Just SIX Men Have as Much Wealth as Half the World’s PopulationRead more
Inequality
Forty-three percent of US children live in low-income families
Forty-three percent of all children in the United States live in low-income families, according to a report released late last month by the National Center … Forty-three percent of US children live in low-income familiesRead more
How many people still live in poverty?
When the Millennium Development Goals reached their formal conclusion in 2015, there was a full review of the goals and whether or not they were … How many people still live in poverty?Read more
Some causes of inequality
1. Corporations, working for those at the top [T]he world’s 10 biggest corporations together have revenue greater than that of the government revenue of 180 … Some causes of inequalityRead more
How Americans became poor
There is no doubt that majority of Americans have gotten poorer over the last few decades even while the top 10% or so have done … How Americans became poorRead more
The top 1 % now own over half of the world’s wealth
The world’s richest 1 percent now own more wealth than all of the bottom 99 percent combined. This finding comes from Credit Suisse’s Global Wealth … The top 1 % now own over half of the world’s wealthRead more
Historic CEO Pay Tax Passes in Portland
The city council in Portland, Oregon, adopted a new local tax rule on December 7 that sets a landmark precedent for cracking down on excessive … Historic CEO Pay Tax Passes in PortlandRead more
World’s richest increased their wealth by $237 billion in 2016
The world’s wealthiest 200 billionaires increased their net worth by $237 billion in 2016, taking their total wealth to $4.4 trillion as of the close … World’s richest increased their wealth by $237 billion in 2016Read more
Retirement Divide: 100 CEOs v. the Rest of Us
Just 100 CEOs have company retirement funds worth $4.7 billion — a sum equal to the entire retirement savings of the 41 percent of U.S. … Retirement Divide: 100 CEOs v. the Rest of UsRead more