One of the more impressive accomplishments of the United States in recent decades is how it has achieved greater economic inequality in line with what Marx expected from a capitalist economy. There ...
Differences in wealth and differences in income are the wrong ways to measure economic inequality, and going by either of them “dramatically overstates” the degree of inequality in the United States, ...
“Inequality is bad for economic growth and bad for poverty reduction. In the past researchers were not able to exactly quantify the effect of inequality in the context of economic shocks. This graph ...
Rising economic inequality in many countries, especially the rich ones, in recent decades has emerged as an important topic of political debate and a major public policy concern. Widening economic ...
COVID-19 is increasing economic inequality around the world. On the one hand, the number of people in extreme poverty is on the rise for the first time in decades. The World Bank estimates at least ...
Economic inequality is at the heart of all humanity’s major problems, but the wealthiest refuse to confront a system that benefits them This week, hundreds of government leaders, heads of state, and ...
Majorities in most of the 24 countries surveyed say the economy in their country is in bad shape. In some places, these concerns color how people think democracy in their country could work better: by ...
“Inequality is the root of social evil,” according to the late Pope Francis. The French economist and inequality scholar Thomas Piketty has suggested that “inequality denial is as dangerous as climate ...
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