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The Latest Breaking News from Inequality

Billionaires like Elon Musk don’t just think they’re better than the rest of us – they hate us

The ultra-wealthy talk about solving the climate crisis or ending inequality. But what they’re really interested in is outliving or escaping anyone poorer than them, writes Zoe Williams

The Guardian - UK

Climate change is hitting women the hardest. What to do about it – economists

The current capitalist system has created two related crises: ecological decline and social injustice. It has led to environmental damage like climate change, which affects some people more than others.

The Conversation

‘Women are made to feel as if they’re against each other’: the hit Indian film that challenges the patriarchy

Payal Kapadia’s All We Imagine As Light wowed Cannes with its portrayal of the struggles of women in Mumbai. She talks about inequality, misogyny – and being haunted

The Guardian - UK

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How informing shoppers can help fight inequality

Recent elections, G20 summits, and CEO pay scandals have brought inequality to the forefront of the news. Economists often point out that decisions on, say, tax policy in this arena depend on society’s – and individuals’ – attitudes to inequality and fairness. But how you feel about a given inequality…

The Conversation

Australians who think inequality is high have less faith in democratic institutions: study

Central to Australia’s cultural and political identity is the notion of a “fair go”. But recent elections, including in the United States, have highlighted the challenge of maintaining shared norms and support for institutions when many voters don’t believe they’re getting a “fair go”.

The Conversation

Blame this loss on the Democratic party’s poor offering to low-wage America

Letter: Benjamin Selwyn says the Democratic party failed to drain the swamp of poverty and inequality that amplifies Trump’s faux populism, while Paul Nickells points the finger at Joe Biden’s late departure

The Guardian - UK

Anti-monarchy group calls for meeting with Prince William on 'inequality'

THE CEO of anti-monarchy group Republic has called on Prince William to meet to discuss poverty and inequality after Prince William dismissed…

The National (Scotland)

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South Africa’s fight against extreme poverty needs a new strategy - model shows how social grants could work

South Africa has been struggling for decades to reduce poverty, inequality and unemployment and raise the rate of economic growth.

The Conversation

How a Trump election win could hit the US food industry and leave millions of Americans hungry

As the US presidential election inches closer, a recent survey found that the economy is the top issue for voters, and many are also concerned about healthcare, foreign policy and inequality. Amid all the noise about these key issues however, food has received only marginal coverage in the campaigning despite…

The Conversation

GDP is an outdated way of measuring the health of the economy – it doesn’t reflect the health of people or the planet

Economics and economic policy need a rethink. This is clear from the scale of inequality, joblessness, insecurity and environmental disasters we see in the world.

The Conversation

Carbon emissions of richest 1% increase hunger, poverty and deaths, says Oxfam

Consumption of the world’s wealthiest people also making it increasingly difficult to limit global heating to 1.5C

The Guardian - UK

Over a million Scots life expectancy worse due to inequality caused by austerity

YEARS of austerity leading to inequality and poverty across Scotland is still the biggest contributor to stagnating life expectancy among Scots,…

The National (Scotland)

Are American Living Standards In Decline?

David Leonhardt and John Early debate stagnation, inequality, and how people feel about the economy.

Reason

Reeves’ income tax plan will hurt working people and increase inequality even more

Letters: Su Hardman on the news that the chancellor is expected to extend the freeze on income tax thresholds in the budget. Plus letters from Patrick Donovan, Prof Mike Stein and Michael Meadowcroft on Labour’s tax plans

The Guardian - UK

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The Guardian - UK

Tackling misogyny is vital, London mayor tells primary schools

Teachers offered training on running classroom sessions for children to learn about inequality and sexism

The Independent UK

UK wealth gap surges by nearly 50% in under a decade, research finds

Exclusive: Sir Keir Starmer urged to end ‘moral outrage’ of inequality as charity warns UK wealth gap now only second to US among OECD countries

StockNews.com

3 Luxury Retail Stocks to Buy as High-End Spending Rebounds

The luxury retail industry’s robust growth is being fueled by the increasing dominance of high-net-worth individuals and growing wealth inequality. In this environment, purchasing luxury retail stocks like Dillard’s (DDS), Tapestry (TPR), and Signet Jewelers (SIG) could be a smart move as high-end spending continues to rebound. Read on….

The Guardian - UK

Wars, debt, climate crisis and Covid have halted anti-poverty fight – World Bank

Setbacks mean UN goal of ending extreme poverty by 2030 is impossible to hit, report finds

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The Conversation

South Africa’s unity government won’t dent poverty and inequality if it follows the same old policies – sociologist

A recent poll by the Social Research Foundation, a think thank, found that 60% of South Africans thought the government of national unity was working well. It also reported that support for the unity government’s anchor political parties, the African National Congress (ANC) and the Democratic Alliance (DA), had risen…

The Independent UK

Nobel Prize in Economics awarded to trio for explaining global inequality

The prestigious award is the final prize to be given out this year and is worth $1.1 million

International Business Times

Role Of Government, Poverty Research Tipped For Economics Nobel

Closing the season, the Norwegian Nobel Committee will announce the Nobel economics prize on Monday, with specialists on credit, the role of government, and wealth inequality seen as possible contenders.

The Conversation

Climate change: care for humans, other species and the natural environment is the key to a just transition

Communities across the world are facing two worsening crises: a climate crisis and a care crisis.

The Guardian - UK

The Guardian view on inequality in the UK: what kids can teach us

Editorial: To get a sense of how unfair Britain is, consider the prospects for its children

The Conversation

People don’t like a ‘white saviour’, but does it affect how they donate to charity?

Efforts to redress global inequality are facing an unexpected adversary: the white saviour. It’s the idea that people of colour, whether in the Global South or North, need “saving” by a white Western person or aid worker.

The Guardian - UK

Increase wealth taxes to stop rise of Reform UK, says ex-Labour minister

Liam Byrne has warned the chancellor that extra levies on the rich are needed to halt the rise of the populist right

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