Global Policy | Many economists dismiss the relevance of inequality (if everybody’s income goes up, who cares if inequality is up too?), and argue that only poverty alleviation should matter. This note shows that we all do care about inequality, and to hold that we should be concerned with poverty s...
Jacobin | Some on the Left believe that the capitalist system will not tolerate any greater interventions in its operation or redistribution of its spoils. There is no good evidence that this is true.
Source. Jacobin.
The Guardian | The country’s 900 billionaires have far too much influence over our government and economy. Here’s how we can reduce the power of the ultra-rich.
Source: The Guardian.
The Insider | In early February, Elon Musk’s net worth topped the $800 billion mark, a new record for the richest man in history. Today, the combined fortunes of the dozen wealthiest Americans exceeds $2 trillion — four times more than the total in 2020. A similar trend is visible far beyond the Uni...
Institute for Policy Studies | This report analyzes the 20 largest employers of low-wage U.S. workers, a group we’ve dubbed the “Low-Wage 20.” Together, the Low-Wage 20 companies employ approximately 6.7 million people in the United States. Their median worker wages in 2024 ranged from $9,602 (Ross...
Inequality.org | A recent poll found that nearly half of people in the US are having difficulty affording basic necessities like groceries, utility bills, health care, housing, and transportation. A new Institute for Policy Studies report shows that the typical pay at the largest low-wage employers...