In the fierce debate over our top-heavy distribution of income and wealth, egalitarians have vanquished both inequality’s deniers and defenders. Now the debate is shifting to the most pivotal question of all, thanks to a new book from the French economist Thomas Piketty.
At the annual Swiss mountain retreat of our global elites, the world’s wealthy have spent a week wringing their hands over widening inequality. The irony? We owe much of this widening inequality to their relentless behaviors, as two just-released studies suggest quite clearly.
A new Toronto-based campaign is aiming to change the global conversation on CEOs, workers, and the real value of all their labor. The effort has already begun certifying those enterprises that pay their top executives no more than eight times their lowest-paid workers.
A half-century since Dr. King’s dream, we’re living through a nightmare where America’s 400 richest now hold as much wealth as America’s 14 million African-American households. Dr. King worried deeply about wealth distribution in his day. He would be even more worried today.
Those Americans struggling against poverty in the 1960s faced plenty of obstacles. Americans today may face even more. A half-century ago, after all, America’s wealthiest had nowhere near the chokehold on the nation’s political system that they hold today.
In the year ahead, the struggle against America’s chronic — and growing — income inequality just might jump-start. And one spark may come from Maryland’s St. Mary’s College campus, where activists are working to limit the top campus paycheck to 10 times the lowest.
Nurses, philosophers, and trade unions have over the past 12 months all shared some fascinating ideas on how we can make our societies more equal — and much better — places to live. We highlight here ten of the year’s most promising and provocative inequality-busting notions.
Butchers, bakers, and candlestick makers. You won’t find any of them in this latest annual list of America’s most avaricious from Too Much, the Institute for Policy Studies weekly on excess and inequality. You will find wheelers and dealers and even a candy store heiress.
What makes a society a fun place to be? Nice weather and exciting night-life options certainly help. But so, suggests a leading World Bank economist, does avoiding a starkly skewed distribution of income. In his new global index of “funness,” he lists inequality as a key limiting factor.
In plain yet powerful language, Pope Francis is challenging the givens of our deeply unequal world — and helping inspire resistance to it. His new “apostolic exhortation” offers a wide-ranging critique of our unequal status quo that draws from multiple sources.