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Wealth Inequality

Will Team Hillary Play the Race Card?

Les Leopold | Posted 02.04.2016 | Politics
Les Leopold

Team Hillary clearly wants to pigeon-hole Sanders on one side of the debate hoping to isolate him from Black and Latino voters. But her strategy is likely to fail. As minority voters get to know Sanders better, his message is likely to erode Hillary's support.

Economists Deny What's Driving the Inequality Trainwreck

Lynn Parramore | Posted 01.29.2016 | Politics
Lynn Parramore

What's really causing the growing gap between haves and have-nots? Is it mechanical market forces? Outsourcing? Real estate?

The Presidential Candidates Flunk On Income Inequality

Cody Cain | Posted 01.26.2016 | Politics
Cody Cain

The greatest issue plaguing our society today is that of income inequality. Yet astonishingly, the current presidential candidates have failed to propose any adequate ideas for solving it.

We Need a Revolution

Walker Bragman | Posted 01.19.2016 | Politics
Walker Bragman

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Is Ted Cruz an Anti-Semite as Well as a Hypocrite?

Les Leopold | Posted 01.20.2016 | Politics
Les Leopold

The New York area has 13.8 percent of all the Jews in the world, and accounts for 31 percent of all the Jews in the U.S. So when speaking of New York values that "everyone understand" the odds are high that "everyone understands" that New York is very Jewish.

50 Years After MLK the Median White Family is Worth 70 Times That of an African American Family

Antonio Moore | Posted 01.18.2016 | Black Voices
Antonio Moore

As we celebrate Dr. Martin Luther King Jr.'s life and legacy this year, we must do so with an understanding that the current state of African American economics is not one that he envisioned when he spoke to the great possibility of America before his death.

India's Lit Up Border Can Be Seen From Space -- But 237 Million Lack Electricity

Adil Najam | Posted 12.30.2015 | World
Adil Najam

This photograph is a nighttime panorama that shows one of the few -- possibly only -- major international borders on Earth that can be seen at night from space. Cool? No, not cool. Not at all. Here's why.

Changing America's Culture of Greed

John W. Traphagan | Posted 12.30.2015 | Politics
John W. Traphagan

Every vote for a candidate from the right in the current political climate is a vote for more of the same -- extreme wealth and power concentrated in the hands of a very small segment of the population.

Has the Time Come for Democratization of the Economy?

Lawrence Wittner | Posted 12.21.2015 | Politics
Lawrence Wittner

A study released at the beginning of December by the Institute for Policy Studies (IPS) reported that America's 20 wealthiest individuals own more wea...

The Science Behind Charles Dickens' A Christmas Carol

Scott Santens | Posted 12.21.2015 | Science
Scott Santens

Studies show that as a person grows in wealth, they lose empathy for their fellow man. This is also directly tied in with inequality, because as someone climbs a curve exhibiting exponential growth, that person will have exponentially fewer peers.

Poverty Remains the Arch Enemy in China

Fu Ying | Posted 12.22.2015 | World
Fu Ying

BEIJING -- With the Chinese poverty line defined as $360 in annual income, there are still 70.17 million people living below that threshold -- a number larger than Great Britain's total population.

How Economics and Race Drive America's Great Divide

Lynn Parramore | Posted 12.10.2015 | Politics
Lynn Parramore

In the America of haves and have-nots, fewer folks are "movin' on up" like George Jefferson of the classic sitcom. In a new paper for the Institute for New Economic Thinking, Peter Temin, MIT economist and economic historian, breaks down how it happened.

What George Will Doesn't Understand About Bernie Sanders

Christian Chiakulas | Posted 10.19.2015 | Politics
Christian Chiakulas

George Will is just one of the first in what will surely become a long line of fear mongering opportunists taking advantage of the ignorance of the American public and what amounts to a harmless confusion of ideological names.

Dear Philippines: Fighting Inequality Is the Mission of Our Time

Jan Albert Suing | Posted 10.15.2015 | World
Jan Albert Suing

The Philippines is not a stranger to the issue of socio-economic inequality. A study by a research and advisory firm in 2011 revealed that the gap between the rich and poor is widest in the Philippines as compared with other Southeast Asian nations.

Wealth Gap Widens Along Race Lines

MoneyTips | Posted 09.22.2015 | Business
MoneyTips

Using data from the Survey of Consumer Finances conducted by the Federal Reserve, researchers have shown that the median net worth of white households has risen slightly while those of black and Hispanic households have fallen dramatically.

On the Margins: Why Mexico's Southern States Have Fallen Behind

Rodrigo Aguilera | Posted 08.10.2015 | Politics
Rodrigo Aguilera

Between the recent data on poverty released by the CONEVAL, and an earlier Oxfam report on inequality, Mexico's progress on the socio-economic front has given little to brag about in recent years.

Is Extreme Inequality Condemning Us to Ecological Armageddon?

Jon Wisman | Posted 08.05.2015 | Politics
Jon Wisman

If this continuing impact were to end the planet's ability to support human life, it would be ecocide -- an ecological Armageddon. Current trends seem to give to ecocide a degree of inevitability.

Growing Wealth Inequality Could Slow the Promising Growth of Older Entrepreneurship

Christian Weller | Posted 08.03.2015 | Politics
Christian Weller

Entrepreneurship has been thriving among older households, even while it has been declining among younger ones.

Distributing Growth for the Benefit of All

St. Gallen Symposium | Posted 07.24.2015 | Impact
St. Gallen Symposium

If you need proof of how the modern welfare state can miss the mark, just look at the rising level of social inequality in much of the developed world.

Wealth - A Decent Ambition

St. Gallen Symposium | Posted 07.22.2015 | Impact
St. Gallen Symposium

We cannot take today's wealth for granted. Where there is no growth, there will be no wealth. This might sound obvious, but it is a truth we need to be reminded of, not only when it comes to distributing wealth but also when it comes to appreciating the roots of wealth.

5 New Crises of Democratic Capitalism: Ideas on Solutions, Anyone?

Don Tapscott | Posted 06.25.2015 | Business
Don Tapscott

Democratic capitalism arose hand-in-hand with the industrial age. If it's to survive the transition to a knowledge age and the digital economy, it will have to change -- profoundly.

The Disadvantages of Advantages in Life

Frank A. Weil | Posted 05.26.2015 | Impact
Frank A. Weil

This subject runs the serious risk of being seen as elitist. But, it is important enough to surface in a way that makes clear that is not the case and to turn it to the advantage of the disadvantaged.

The American Economy Is a Buffalo Jump

Fred Lundgren | Posted 05.19.2015 | Politics
Fred Lundgren

A "Buffalo Jump" is a cliff where Native Americans killed bison in mass quantities. They stampeded the bison over the cliff while others waited below to kill the disabled animals with spears and bows.

Baltimore Left Behind by Capitalism

Cody Cain | Posted 05.19.2015 | Politics
Cody Cain

If we wish to get serious about helping the poor underclass instead of just policing it, then we must be honest about what is causing it. We must be willing to face our own imperfections as a society. It's time. And we can handle it.

Opportunity or Inequality? That's No Choice at All

Richard (RJ) Eskow | Posted 05.14.2015 | Politics
Richard (RJ) Eskow

An NBC News/Wall Street Journal poll recently asked, "Which concerns you more: the income gap between the wealthiest Americans and the rest of the country, or middle and working class Americans not being able to get ahead financially?" If you understand how the economy works, that isn't just the wrong question. It's probably a meaningless one.