As over 2.8 million people have died globally from COVID in the past year, the wealth of the world’s billionaires has surged. The planet’s 2,365 … Global Billionaire Wealth Surges $4 Trillion Over PandemicRead more
Inequality
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Over 25 Years, World’s Wealthiest 5% Behind Over One-Third of Global Emissions Growth
As world leaders prepare for this November’s United Nations Climate Conference in Scotland, a new report from the Cambridge Sustainability Commission reveals that the world’s … Over 25 Years, World’s Wealthiest 5% Behind Over One-Third of Global Emissions GrowthRead more
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How America’s Ultrawealthy Won the Pandemic
Deadly viruses don’t much care what’s in your wallet, but socioeconomic privilege and access to wealth do wonders when it comes to not just surviving … How America’s Ultrawealthy Won the PandemicRead more
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700 US Billionaires Got $1.7 Trillion Richer During Two Years of Pandemic
During the first two years of the coronavirus pandemic, the collective wealth of billionaires in the United States grew by a staggering $1.7 trillion as … 700 US Billionaires Got $1.7 Trillion Richer During Two Years of PandemicRead more
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An Antidote to Our Sanitised Economic Inequality Discourse
The 2007 financial market meltdown, the most serious crisis that global capitalism has had to endure since the Great Depression, finally forced the world to … An Antidote to Our Sanitised Economic Inequality DiscourseRead more
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Tax on Global Mega-Rich Could Help Lift 2.3 Billion Out of Poverty
A new analysis released Tuesday estimates that an annual wealth tax targeting the world’s millionaires and billionaires would raise enough revenue to lift 2.3 billion … Tax on Global Mega-Rich Could Help Lift 2.3 Billion Out of PovertyRead more
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Impose 1% Surcharge on Richest 10% Indians to Reduce Inequality
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
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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
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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
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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