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The Latest Breaking News from Inequality

America’s Inequality Problem Just Improved for the First Time in a Generation

The collective wealth of the bottom 50% of households has nearly doubled in two years. Can the fragile gains continue?

Businessweek

Black-white wealth gap getting worse, 160 years of US data show

The gap between the wealth of Black and white Americans, one of the starkest benchmarks of inequality in the U.S., is on track to widen substantially after the pandemic exacerbated wealth concentration, according to new data that details 160 years of racial wealth disparities for the first time.

Tribune News Service

Collectivism — not individualism — is the path to reducing social and economic inequality

Last month, two large demonstrations took place in Ontario: the Rolling Thunder biker rally in Ottawa and a series of rallies across Ontario organized by the Ontario Federation of Labour.

The Conversation

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The Observer view on inequality in the UK

Only political renewal will rebuild trust and create a fairer society

The Guardian - UK

'Are you rich?' Inequality Observatory sets French wealth threshold

Like the poverty threshold, France's Inequality Observatory has published a report defining who is considered financially wealthy in the country. But first, we see how Saudi Arabia could step in to boost global oil production. Also, we take a look at Sheryl Sandberg's legacy following her decision to step down…

France 24

Alan Kohler: We all lose when monopolists prosper

The role of government is to correct the tendency towards monopoly and inequality through regulation, but they have been falling down on the job.

The New Daily

S.Korea holds key election for city, province chiefs in early test for Yoon

About 44 million South Koreans headed to polls to elect mayors and provincial governors on Wednesday, in races seen as an early test for new President Yoon Suk-yeol and his drive for fuelling an economic recovery and tackling inequality.

Reuters

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The multiple faces of inequality in India

Known for its caste system, India is often thought of as one of the world’s most unequal countries. The 2022 World Inequality Report (WIR), headed by leading economist Thomas Piketty and his protégé, Lucas Chancel, did nothing to improve this reputation. Their research showed that the gap between the rich…

The Conversation

Colombia presidential election: leftist former guerrilla and populist outsider head to runoff

Rivals Gustavo Petro will face Rodolfo Hernández on 19 June amid growing discontent over inequality and inflation

The Guardian - AU

Colombia presidential election: Leftist Petro and populist Hernandez headed for run-off

The early vote count in Sunday’s six-way presidential election in Colombia pointed toward a run-off in June, with leftist former rebel Gustavo Petro leading in a ballot held amid growing discontent over increasing inequality and inflation.

France 24

Desegregating schools requires more than giving parents free choices – a scholar studies the choices parents of all races make

Chantal Hailey is an assistant professor of sociology at the University of Texas at Austin College of Liberal Arts.Her work focuses on the role of race and racism in how people choose schools and the other spaces they inhabit, and how racism influences inequality. Below are highlights from an interview…

The Conversation

Cannes Fashion Highlights

It is one of the special aspects of the Cannes Film Festival that it serves as much as a parade of extremely expensive clothing as it does as a showcase for devastating films that often focus on poverty, inequality and social crises. What should one wear to the premiere of…

Asharq Al-Awsat

Will Colombia look left? Presidential race focuses on inequality, enduring violence

Is a peace generation coming of age in Colombia? Six years after the FARC rebellion laid down its arms and one year after student-led protests against inequality and police brutality, citizens will vote on Sunday in the first round of a presidential election where the 2016 peace deal that ended…

France 24

India the billionaire raj? Not so fast

Several reports in the last few months have sounded the alarm about growing income and wealth inequality in India. The statistics cited are not wrong, but they are incomplete. And they have produced sensational, but misleading, news stories.

Bangkok Post

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Evening Standard

Cannes Film Festival: Armageddon Time review - A poignant coming-of-age story

Though its insights into race, class and social inequality feel pretty obvious, high-calibre acting elevates almost every scene

Asharq Al-Awsat

WEF: Youth Unemployment, Inequality and Climate Change Top Challenges Facing MENA

Running the team that manages the WEF’s relations and initiatives with the Middle East and North Africa, Maroun Kairouz has a busy portfolio on his hands. After a two year hiatus, the WEF is holding its first in-person meeting in Davos since the start of the pandemic. “The meeting couldn't…

Reuters

Governments need to take urgent action to combat inequality -Oxfam

Governments need to take urgent action to tackle rising inequality which emerged over the COVID-19 crisis with a surge in energy and food prices ramping up pressures on millions of people around the world, Oxfam said on Monday.

The Times of India

People earning Rs 25,000 per month fall in top 10% of wage earners in India: Report

NEW DELHI: India’s income profile is outlined by a growing disparity between those who lie on the top end of the earning pyramid

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The Conversation

What Scotland can learn from Irish independence: it won't control interest rates and inequality will widen

The UK local elections in May saw gains for nationalists in Scotland and Northern Ireland, raising the prospect of increased debates over the future make-up of the country. In Scotland, First Minister Nicola Sturgeon, is hoping to hold a second independence referendum in 2023.

The Guardian - AU

Too little too late: voters turn on Morrison in affluent seat of Higgins

The PM is on the nose in Melbourne’s inner east as voters cite inequality and pandemic failures – and a redistribution has put the Greens in a strong position

The Guardian - AU

Poorest New Zealanders lose out to ‘squeezed middle’ in budget, inequality experts say

Government says child poverty is easing in all areas but those on the ground say the dial has barely shifted in the past five years

The Independent UK

Spy agencies urged to fix open secret: a lack of diversity

The national reckoning over racial inequality sparked by George Floyd’s murder two years ago has gone on behind closed doors inside America’s intelligence agencies

The Walrus

Colonialism Creates Poverty By Design

S3E23 of The Conversation Piece

Wales Online

'The health system in Wales is failing women'

Women will tell you about being prescribed anti-depressants by their doctor for chronic pain, to being diagnosed with a panic attack when having an actual heart attack

ABC News

Intergenerational inequality to rise as tax and welfare perks target older voters, experts warn

Benefits available to older, wealthier people are outweighing the support given to younger people, with election policies from both major parties set to worsen the situation, according to experts.

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