The gap between the top 10% asset holders and the bottom 10% is 500 times in rural India but is shockingly 50,000 times in urban … Impose 1% Surcharge on Richest 10% Indians to Reduce InequalityRead more
Inequality
100+ Ultra-Rich People Warn Fellow Elites
A group of more than 100 millionaires and billionaires on Wednesday presented fellow members of the global economic elite with a stark choice: “It’s taxes … 100+ Ultra-Rich People Warn Fellow ElitesRead more
Inequality Killed Millions while rich got richer
Oxfam International’s latest report on global inequality finds that while the 10 richest individuals in the world more than doubled their collective wealth since Covid-19 … Inequality Killed Millions while rich got richerRead more
Bitcoin’s Top ‘One Percent’ Controls Alarming Amount of Cryptocurrency Wealth
The top bitcoin holders control a greater share of the popular cryptocurrency than the wealthiest American households control in dollars, according to a new study … Bitcoin’s Top ‘One Percent’ Controls Alarming Amount of Cryptocurrency WealthRead more
Endemic Market Failure and Inequality
[youtube https://www.youtube.com/watch?v=_Aa2Kpr0UGg&rel=0&feature=relmfu] Dennis Kelleher, CEO of Better Markets, speaks at the forum, “Destroying the Myths of Market Fundamentalism,” held in Washington DC, on October 19, … Endemic Market Failure and InequalityRead more
Life expectancy gap between black and white Americans
Persistent gaps in life expectancy between Black and white Americans have been highlighted by the COVID-19 pandemic. Yet, this gap has narrowed by nearly 50% … Life expectancy gap between black and white AmericansRead more
Richest 1% Took 38% of New Global Wealth Since 1995
In the nearly three decades since 1995, members of the global 1% have captured 38% of all new wealth while the poorest half of humanity … Richest 1% Took 38% of New Global Wealth Since 1995Read more
What Happens When Inequality and Disease Collide
It is really concerning that it has taken 40 years to get to about 700,000 AIDS deaths in the United States but in less than … What Happens When Inequality and Disease CollideRead more
US Billionaires Became $2.1 Trillion Richer in 19 Months of Pandemic
American billionaires grew in number and expanded their collective fortunes by $2.1 trillion since Covid-19 sparked a worldwide pandemic nineteen months ago, according to a … US Billionaires Became $2.1 Trillion Richer in 19 Months of PandemicRead more
Advanced capitalism, advanced inequality
[youtube https://www.youtube.com/watch?v=lm1czuS6cjE&rel=0&feature=relmfu] Leo Panitch