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The Latest Breaking News from Inequality

Britain is now following a developing country economic model – and we know where that leads

Selling off assets to foreign owners, deregulating markets, and liberalising financial services only leads to inequality and instability, says Dhananjayan Sriskandarajah, chief executive of the New Economics Foundation

The Guardian - UK

HILDA data shows income inequality is at a 20-year high

The 19th annual report from the Household, Income and Labour Dynamics in Australia (HILDA) Survey was released today.

The Conversation

Fifa Club World Cup ‘solidarity money’ figure revealed in bid to appease Chelsea and Man City rivals

$150m out of total $2bn prize pot earmarked for clubs not taking part, with concerns raised over the money’s potential to worsen inequality in the sport

The Independent UK

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Top earners are increasingly isolated at work – here’s why it matters

Nike’s current CEO, Elliott Hill, began his career at the global footwear giant as an intern fresh out of university, steadily making his way up the ranks.

The Conversation

Australian men doing no more housework than they were 20 years ago – still 50% less than women

Men do an average of 12.8 hours a week, while women do 18.4 hours, Household, Income and Labour Dynamics in Australia report finds

The Guardian - AU

How schools can improve gender equality in Latin America

In Latin America, deeply ingrained cultural beliefs about gender roles – what women and men should and shouldn’t do – persist. This is despite increased involvement by women in traditionally male spheres, such as business and politics.

The Conversation

Female leaders share their one piece of advice for standing up to sexism at work

Lauren Taylor speaks to women in business about fighting gender inequality on the career ladder.

The Independent UK

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TV Newsance 288: India’s economy is sinking and TV anchors are distracting us again

This week, we look at a shocking report that should have been at the centre of primetime debates but wasn’t. Turns out, a billion Indians have no money to spend on non-basic items! But TV news continues to avoid talking about growing inequality like the plague as the rich get…

Newslaundry

Climate talks: global south must seize the moment and take the lead

The US decision to withdraw from the Paris Agreement has raised questions about whether progress can still be made on global policy to mitigate climate change. To explore these questions, Imraan Valodia, pro vice-chancellor: climate, sustainability and inequality and director of the Southern Centre for Inequality Studies at the University…

The Conversation

Rising house prices don’t just make it harder to become a homeowner – they also widen the racial wealth gap

Homeownership – long a cornerstone of the “the American dream” – is increasingly out of reach for the average American. Over the past four decades, U.S. house prices have risen by 75% in real terms, pushing the costs of homeownership for the typical first-time homebuyer to a record high. At…

The Conversation

Waspi campaigners warn of legal action over DWP ‘gaslighting’

The group has launched a £75,000 Crowdjustice campaign to fund legal action

The Independent UK

Waspi campaigners threaten legal action after ‘gaslighting’ over compensation

The Women Against State Pension Inequality campaign has sent a ‘letter before action’ to the Department for Work and Pensions (DWP).

Evening Standard

Growing ranks of homeless seen as society in decline

An appetite for change has developed among voters as Australia's housing crisis becomes symbolic of wealth inequality, disempowerment and societal decline.

AAP

Struggle Street residents last to benefit from rate cut

Rate relief has been delivered to Australian mortgage holders, yet the Reserve Bank governor says renters may have to wait a while longer to gain any benefit.

AAP

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The Conversation

Investors value corporate tax responsibility – at least when the company is based somewhere with a lot of inequality, research shows

When corporations based in areas of above-average income inequality pay more taxes, it’s not just the public that appreciates it – investors do, too. That’s the key finding of our recent research published in the journal Accounting and the Public Interest.

Salon

AI could widen the wealth gap

Artificial intelligence could be the great equalizer or just another tool for the rich to get richer

The Conversation

How to be happy with what you have – and avoid the trap of comparison

In many ways, I feel like we shouldn’t be happy with what we have. We live in a world of tremendous inequality and cruelty, running towards an environmental wall. Not just that, but some of the best people I know are chronic persistors: they know how not to accept the…

The Guardian - UK

The Guardian view on Britain’s broken economy: ‘That’s your bloody GDP, not ours’

Editorial: Despite growth in 2024, living standards fell. Inequality, weak public investment and government cuts threaten prosperity. Labour must offer voters something different

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AAP

Call to bring back inheritance tax to tackle wealth gap

Inheritance taxes are economically efficient and reduce inequality between those who work for an income and those who earn income from wealth, economists say.

The Conversation

A new report card shows inequality in Australia isn’t as bad as in the US – but we’re headed in the wrong direction

It’s hard to remember a time the United States seemed as tense and divided as it does today. That should serve as a stark reminder of just how important it is to monitor the health of our own nation.

The Guardian - UK

Tackling child poverty in Britain must be made a priority

Letters: Andrew Forsey highlights a simple policy change that would provide much-needed meals, while Stewart Lansley says poverty and inequality are umbilically linked. Plus a letter from Jess McQuail and Kartik Raj

The Conversation

Only political will can end world hunger: Food isn’t scarce, but many people can’t access it

History has shown us again and again that, so long as inequality goes unchecked, no amount of technology can ensure people are well fed.

The Independent UK

OpenAI boss Sam Altman says human-level intelligence is coming – and it won’t be fair

AGI could supercharge wealth inequality and be used to ‘control the population through mass surveillance and loss of autonomy’, tech CEO says

The Guardian - UK

‘Engine of inequality’: delegates discuss AI’s global impact at Paris summit

Emmanuel Macron’s tech envoy warns attenders current trajectory of artificial intelligence is unsustainable

Salon

Open letter to Democrats: What's next?

We can bring the party together — and win — if we're willing to address inequality and advocate for radical change

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