The UN Development Programme (UNDP) released a sobering report on various indices of human development on September 8. The report, which describes the Human Development … 1% Of India’s Richest Control 21% Of Country’s WealthRead more
Inequality
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Richest 1% Now Owns Over 1/3 of US Wealth
The nonpartisan Congressional Budget Office (CBO) on Tuesday published Trends in the Distribution of Family Wealth, 1989 to 2019, a report revealing that while the … Richest 1% Now Owns Over 1/3 of US WealthRead more
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Is This the End of ‘Socialism for the Rich’?
Last Thursday, the International Monetary Fund spooked the markets and surprised the commentariat by chiding the U.K. Conservative government for fiscal irresponsibility. The shock was … Is This the End of ‘Socialism for the Rich’?Read more
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The World’s Billionaire Population – 2021
Visualized: The World’s Billionaire Population The world’s billionaires—only 3,311 individuals—represent almost $11.8 trillion in wealth. The global billionaire population continued to grow in 2021, increasing … The World’s Billionaire Population – 2021Read more
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While CEOs Make Millions and Workers Struggle, Union Surge Is Unsurprising
In just a little over six months, the number of Starbucks outlets where workers are represented by a union has spiked from zero to 165. … While CEOs Make Millions and Workers Struggle, Union Surge Is UnsurprisingRead more
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Forbes, India and Pandora’s Pandemic Box
The ranks of Indian Dollar Billionaires swelled from 102 to 140 in 12 months, if the Forbes 2021 List is to be believed (and when … Forbes, India and Pandora’s Pandemic BoxRead more
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World Wealth Inequality post Covid-19 pandemic
[youtube https://www.youtube.com/watch?v=PFwIOJc2a3Y&rel=0&feature=relmfu]
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The 4 Biggest Conservative Lies About Inequality
[youtube https://www.youtube.com/watch?v=nwf4yKX35IM&rel=0&feature=relmfu] Robert Reich
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719 Billionaires Now Own Four Times More Wealth Than Poorest 165 Million Americans Combined
After seeing their fortunes surge during the deadly coronavirus pandemic, America’s 719 billionaires are now collectively worth $4.56 trillion—making them over four times wealthier than … 719 Billionaires Now Own Four Times More Wealth Than Poorest 165 Million Americans CombinedRead more
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10% of the U.S. richest hold 69% of the country’s entire household wealth
The wealthy class in the United States has experienced significant gains in their fortune, dwarfing the cumulative household wealth of the lower class. The U.S. … 10% of the U.S. richest hold 69% of the country’s entire household wealthRead more