but with shiny new technologies NEW: In the crypto economy, the 1% is old news. .01% of bitcoin holders hold 27% of all bitcoin! That’s … All crypto currency are just the same old power structuresRead more
Inequality
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COVID Has Made Global Inequality Much Worse
The poor, no matter where they live, will suffer the greatest lasting toll The novel coronavirus exposed and exacerbated the fragility and inequity of the … COVID Has Made Global Inequality Much WorseRead more
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How the U.S. Transportation System Fuels Inequality
For decades, the federal government has allocated about four times as much funding to roadways as it has to public transit such as buses and … How the U.S. Transportation System Fuels InequalityRead more
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World Inequality Report Paints Stark Picture of Lives of “Haves” and “Have-nots” in India
The World Inequality Report 2022, published by the World Inequality Lab that also maintains the World Inequality Database, has ripped off the “development” façade of … World Inequality Report Paints Stark Picture of Lives of “Haves” and “Have-nots” in IndiaRead more
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Survival of the Richest: The India Story
The Delhi-based Oxfam India published this India supplement of the Survival of the Richest report on January 15, 2023. The paper states that India has … Survival of the Richest: The India StoryRead more
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America’s wealthiest 10% responsible for 40% of US greenhouse gas emissions
A new study, led by the University of Massachusetts Amherst, reveals that the wealthiest Americans, those whose income places them in the top 10% of … America’s wealthiest 10% responsible for 40% of US greenhouse gas emissionsRead more
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China’s Communist billionaires accused of getting richer, faster, while GDP slows
An elite group of Communist billionaires whose combined worth is near $700 billion are being accused of holding China back as they profit from bloated … China’s Communist billionaires accused of getting richer, faster, while GDP slowsRead more
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Falling homeownership rates in England primarily among ethnic minorities
Analysis of the latest Census data by research and campaign group Positive Money illuminates growing inequalities in our housing system, finding that decreasing rates of … Falling homeownership rates in England primarily among ethnic minoritiesRead more
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Rich countries export twice as much plastic waste to the developing world as previously thought
High-income countries have long sent their waste abroad to be thrown away or recycled — and an independent team of experts says they’re inundating the … Rich countries export twice as much plastic waste to the developing world as previously thoughtRead more