Is the world, as a whole, growing more or less unequal? Seems like this should be a fairly easy question to answer. But this simple question has no simple answer. Global inequality can be devilishly difficult to decipher.
We’ll only make significant progress against the absence of wealth at the bottom of our economic order, declares an ambitious new global campaign just launched by Oxfam International, if we confront the enormous concentration of wealth at our economic summit.
A year after the Rana Plaza tragedy, the building collapse that claimed over 1,100 lives, sociologist Robert Ross shows how the chase after cheaper manufacturing is causing ever rising inequality, low-wage misery, and unsafe workplaces the world over, the United States included.
Making the market “decisive” means that the Chinese government has decided to place profits before people — and even before that previously invincible talisman, economic growth.
Fox News may have failed to have an impact on the outcome of the 2012 Presidential election in the United States, but media organizations controlled by Rupert Murdoch celebrated a victory this year in Australia.
Among the world’s major nations, documents the UN agency dedicated to labor matters, only the United States currently has a level of inequality both high and rising. In Norway, about 70 percent of the nation rates as middle class. In the United States, only 52 percent.
If world’s big corporations prefer to sit on trillions of dollars in order to avoid paying taxes, let them. If they won’t invest, we should.
Differences in the ways people live are only partly determined by income. They’re also determined by the levels of government services provided to everyone.
Expect life expectancy in Greece and other austerity-hit countries to drop in coming years. Suicides are only the first symptom of austerity syndrome. The worst is yet to come.
Austerity is going to make Greece a cheap place to visit once the protests die down, and backpacker adventure tourists will make Greece a cooler destination than ever. But for most people, it’s much better to live in a rich social democracy than in a cool adventure tourism destination.