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October 9, 2015
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Tag: Inequality

The Truth About Poverty and How to Address It

It’s high time United Nations agencies and the mainstream media acknowledge the true scale of global poverty and engage in a long overdue public debate on how ambitious and transformative the international development agenda really is.

Posted on Oct 7, 2015 READ MORE

Donald Trump Proves What’s Wrong With Bankruptcy Laws in America

Bankruptcy was designed so people could start over. But these days, the only ones starting over are big corporations, wealthy moguls and Wall Street bankers, who have had enough political clout to shape bankruptcy laws (like many other laws) to their needs.

Posted on Oct 4, 2015 READ MORE

VIDEO: Why We Must End ‘Upward Pre-Distributions’ to the Rich

You often hear that inequality has widened because globalization and technological change have made most people less competitive while making the best-educated more competitive. But this common explanation overlooks a critically important phenomenon.

Posted on Sep 28, 2015 READ MORE

VIDEO: Chris Hedges on Pope Francis: ‘He Has Not Stood Up and Offered an Alternative’

While Pope Francis “has moved the church back into the realm of reality,” says Truthdig columnist Chris Hedges, “I don’t think by any stretch of the imagination he can be called a radical.”

Posted on Sep 25, 2015 READ MORE

Will This Photo of a Drowned Syrian Child Change the World’s Approach to the Refugee Crisis?

A heartbreaking photograph has gone viral and provoked a much-needed discussion on the moral obligation of wealthy countries to help those in need.

Posted on Sep 3, 2015 READ MORE

10 Years After Katrina, New Orleans Is ‘Gentrification’s Ground Zero’

In the 10 years since Hurricane Katrina, many of New Orleans’ low-income black residents have been displaced, with gentrification entailing a dramatic transformation of the city’s class structure and cultural identity.

Posted on Aug 28, 2015 READ MORE

VIDEO: The Other Side of the Hamptons: The Working Poor

Long established as a playground for the mega-rich, New York’s Hamptons see some beachfront mansions selling for $100 million, and designer boutiques jostle for space on the streets. But beyond the luxury is a side we don’t see, where low-paid workers struggle to get by and 7 percent of the population lives below the poverty line.

Posted on Aug 14, 2015 READ MORE

‘The Gulf’: Shedding Light on Dark Doings in the United Arab Emirates

A coalition of artists and writers has been instrumental in raising awareness of the mind-boggling exploitation of laborers who support some of the richest people on the planet.

Posted on Aug 14, 2015 READ MORE

VIDEO: Lawrence Lessig Wants to Be a ‘Referendum President’ to Fix the Rigged System, Then Resign

The Harvard professor and activist vowed Tuesday to run for president if he can raise $1 million in crowdfunding in order to make citizen equality the most important issue in the upcoming presidential election.

Posted on Aug 12, 2015 READ MORE

Women Are Judged Much More Harshly Than Men for Similar Assertiveness at Work

A new study rates women who come across as angry or critical as 35 percent less competent and worth $15,000 less in pay than those who are less aggressive. Comparable behavior by men costs them only about half as much in perceived fair compensation.

Posted on Aug 8, 2015 READ MORE

Light Brigading (CC BY-NC 2.0)

Here’s the Terrible Mistake Progressives Must Not Make

Of course black lives matter. But it would be a mistake for progressives to split into separate “Black lives matter” and “economic justice” movements.

Posted on Jul 25, 2015 READ MORE

71% of the World’s Population Survives on Less Than $10 a Day

A new report from the Pew Research Center explains that the notion of a global middle class is “more promise than reality.”

Posted on Jul 10, 2015 READ MORE

Something’s Missing From Pope Francis’ ‘Radical’ Vision of Equality: Women

Despite his efforts to champion his constituency — the world’s poor, of which the vast majority are women — the pope tends to overlook the feminized nature of poverty and inequality.

Posted on Jul 7, 2015 READ MORE

How Much Do We Value Work?

Will any Republican candidate find it in his or her interest to break with the party’s orthodoxy on government regulations and labor rights?

Posted on Jul 1, 2015 READ MORE

CEO Pay at Top U.S. Companies Up 54 Percent Since Start of Recovery

The average American worker would have to toil for about five weeks, with no days off, to earn what a CEO makes in an hour.

Posted on Jun 25, 2015 READ MORE

Cartier Boss Says Thought of the Poor Rising Up Keeps Him ‘Awake at Night’

The multibillionaire owner of the luxury jewelry company admitted to a group of his peers that he fears the poor will rise up and bring down the rich.

Posted on Jun 10, 2015 READ MORE

VIDEO: John Oliver: ‘Bail Has Become a Way to Lock Up the Poor Regardless of Guilt’

HBO’s “Last Week Tonight” host explains how the discrimination ingrained in America’s bail system leads the poor to plead guilty to crimes they didn’t even commit.

Posted on Jun 8, 2015 READ MORE

VIDEO: Ending Corporate Welfare Now Is Step 6 in Saving the Economy

Corporations aren’t people, despite what the Supreme Court says, and they don’t need or deserve handouts.

Posted on May 28, 2015 READ MORE

An Exclusive Excerpt From ‘Trade Is War’

In his new book, subtitled “The West’s War Against the World,” international trade expert Yash Tandon challenges the notion that free trade helps countries develop. Instead, he finds, it often fosters poverty and violence.

Posted on May 22, 2015 READ MORE

The U.S. and Israel Have the Worst Income Inequality in the Developed World

A new report finds that the gap between rich and poor in the developed world is at its highest level in 30 years in most countries—and that the U.S. and Israel are leading the trend.

Posted on May 21, 2015 READ MORE

Moochers and Takers

Posted on May 21, 2015 READ MORE

AUDIO: Henry Giroux: Liberalism Fails Against Racism, Inequality and State Terrorism

By Eric Poulin, Truthout

In two far-reaching interviews on the “Soap Box” with Eric Poulin, the social philosopher Henry Giroux defines establishment liberals by their persistent failure to address the obvious—that capitalism and democracy are not the same thing.

Posted on May 20, 2015 READ MORE

The Obamas’ Net Worth Is as Much as $6.9 Million

The first family almost qualifies as 1 percenters, with a 2014 adjusted gross income a bit shy of the $521,411 that would put them among the richest segment of Americans, according to financial disclosures released Friday.

Posted on May 15, 2015 READ MORE

April Jobs Report: The Wage Picture Is Bleak and ‘We’re Still Millions of Jobs in the Hole’

Yes, all of the U.S. jobs lost to the Great Recession were recovered by mid-2014. But “we didn’t manage to create enough new jobs to satisfy the shortfall” in positions that would have been made “had the economy kept chugging along at a reasonably normal pace,” writes Suzanne McGee at The Guardian.

Posted on May 11, 2015 READ MORE

AUDIO: What Does Chris Hedges Really Want From Us? (Updated)

In advance of the May 12 release of Truthdig columnist Chris Hedges’ new book, “Wages of Rebellion,” Truthdig Editor-in-Chief Robert Scheer asks Hedges what he’s really asking people to do when he urges them to revolt. Update: Transcript added.

Posted on May 9, 2015 READ MORE

Royal Baby

Posted on May 9, 2015 READ MORE

Five More Years of Tory Government: What Fresh Hell Is This?

Now free to pursue a radical agenda, David Cameron will lead Britain even further down the murky path of austerity, privatization, increased surveillance and jingoism.

Posted on May 8, 2015 READ MORE

Envying the Rich

Posted on Apr 28, 2015 READ MORE

If Privatizing Education Aggravates Inequality, Why Does the World Bank Support It?

Fifteen years after the international community committed itself to bringing primary education to every boy and girl, 58 million children still lack access to schools, especially in sub-Saharan Africa and South Asia.

Posted on Apr 23, 2015 READ MORE

‘I’m Tired All the Time’: What Minimum Wage Feels Like

Sabrina Johnson and Edith Figueroa are among tens of thousands of fast-food workers who have mobilized under the banner of the “Fight for $15” to demand better wages and the right to form a union.

Posted on Apr 15, 2015 READ MORE

Just How ‘Socially Advanced’ Is the U.S.? You Might Be Surprised

The Social Progress Index has published the latest global data on quality of life, and America’s “We’re No. 1” crowd isn’t left with much to shout about.

Posted on Apr 9, 2015 READ MORE

Here Are Some of the Reasons It’s Messed Up to Make the Poor Prove They Deserve Government Aid

Legislators want to limit how citizens in need spend government benefits and force them to give up their privacy and freedom in the process. The Washington Post’s Emily Badger explains why this is evidence of a blatant double standard.

Posted on Apr 9, 2015 READ MORE

‘The Bells of Easter Sunday Are Actually a Call to War’

A careful look at the Gospels may offer a picture of the original Easter message that is more startling than the theme of lilies, chocolate and eternal salvation that prevails today, writes Brandon Ambrosino in The Boston Globe.

Posted on Apr 5, 2015 READ MORE

How the Rise of the Working Poor and Nonworking Rich Is Challenging Core American Assumptions

Many believe that poor people deserve to be poor because they’re lazy and that the rich deserve their wealth because they work harder than others. The reality is very different.

Posted on Mar 31, 2015 READ MORE

Jon Stewart Solves the American Gender Pay Gap. Not.

How idealistic can one man making a heartfelt call for pay equality be? Jon Stewart finds out in a recent “Daily Show” segment.

Posted on Mar 25, 2015 READ MORE

Here’s How We Know Republicans Aren’t Serious About the Plight of Working-Class Americans

Briefly, there seemed a chance we might have a cross-party discussion of the biggest economic problem the country faces: the vexing intersection of wage stagnation, declining social mobility and rising inequality. That chance now seems to have gone up in smoke.

Posted on Mar 24, 2015 READ MORE

John Oliver on How the ‘Poor Get Hurt the Worst’ by Traffic Tickets

In one of his most impassioned monologues to date, the “Last Week Tonight” host demands that municipal violations stop being used as a means to feed off our most vulnerable citizens.

Posted on Mar 23, 2015 READ MORE

Part-Time Workers in Japan Are Living in Internet Cafes

A short film takes us into the lives of former Japanese “salarymen” and others who, because they lost work, have taken refuge in the cramped, bleak cubicles that honeycomb their society’s Internet cafes.

Posted on Mar 15, 2015 READ MORE

Gender Pay Gap Is on Pace to Last 70 More Years

Wages paid to female workers across the globe will lag behind males’ for seven more decades if the gender pay gap continues to shrink at the current rate, the U.N. warns in a report on inequality in workplaces worldwide.

Posted on Mar 5, 2015 READ MORE

Does Progress Spawn Poverty? A Gilded Age Issue Remains With Us

The “long nineteenth century” of class against class climaxed in the labor insurgency that followed the Great Crash of 1929. It seemed to resolve itself in the New Deal. But the questions it raised have endured, resurfaced, and grown more pressing of late.

Posted on Feb 27, 2015 READ MORE

Proposed Mars Journey Highlights ‘How Unequal Our Planet Still Is’

“Humanity does not progress by jumping into space and leaving the cares of Earth behind,” writes Nigerian author Chibundu Onuzo. “We move forward by creating a more equitable and compassionate planet for now and generations unborn.”

Posted on Feb 22, 2015 READ MORE

We’re Barreling Toward a Robot-Based Economy Where All Profits Go to the Robots’ Owners

How would you like to live in an economy in which robots do everything that can be predictably programmed in advance and almost all profits go to the robots’ owners?

Posted on Feb 3, 2015 READ MORE

The Collapse of Europe?

The European project is teetering on the edge of failure. Growth is anemic at best and socio-economic inequality is on the rise. The countries of Eastern and Central Europe, even relatively successful Poland, have failed to bridge the income gap with the richer half of the continent. And the highly indebted periphery is in revolt.

Posted on Jan 29, 2015 READ MORE

New Study Shows Why It Makes Absolutely No Sense to Blame the Poor for the Financial Crisis

Despite efforts to blame the housing crisis on lower-income buyers, the truth is that the rich had a greater impact on the economy by defaulting on significantly larger mortgages.

Posted on Jan 28, 2015 READ MORE

Does Lack of Empathy for the Poor Make You a Sociopath?

In a scathingly sardonic (and somewhat humorous) column for The Guardian, Lucy Mangan explains why those in the political class, and anyone else who has trouble understanding poverty, are despicable human beings.

Posted on Jan 28, 2015 READ MORE

Put a Name to the 80 People Who Own Half of the World’s Wealth

Some of the names on this list of the über rich will seem familiar while others may come as a surprise.

Posted on Jan 27, 2015 READ MORE

How Did 80 People Get Half of the World’s Wealth?

Oxfam reports that just 80 people possess the same quantity of wealth as 3.5 billion others. On RT’s Crosstalk, economist Michael Hudson discusses how this happened with Oxfam official Max Lawson and Richard Wellings at London’s Institute for Economic Affairs.

Posted on Jan 26, 2015 READ MORE

1 Want More

Posted on Jan 26, 2015 READ MORE

Community College

Posted on Jan 24, 2015 READ MORE

The Super Rich Own Half the World

Posted on Jan 19, 2015 READ MORE

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