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- The share of wealth owned by the world's richest people soared during the Covid pandemic, a major study on inequality has found. The World Inequality Report said that 2020 saw the steepest increase in billionaires' wealth on record. Meanwhile, 100 million people sank into extreme poverty, the report from the Paris-based World Inequality Lab said.
www.bbc.com/news/business-59565690
Feb 8, 2016 · Increasingly, economic and political inequality in America is interlaced, analysts say, leaving many more people poorer and voiceless. But there are policy changes that could help change that.
- Harvardgazette
Mar 6, 2024 · The effects of excessive wealth can be seen throughout US society—in the high rents resulting from private equity acquisition of housing, in tax structures, and in billionaire domination of our political system. If we are serious about narrowing the racial wealth gap, this silence needs to change.
Nov 1, 2022 · In 2021, the richest 1% of Americans owned 34.9% of the country’s wealth, while average Americans in the bottom half had only US$12,065 – less money than their counterparts in other industrial ...
- Fatema Z. Sumar
Aug 15, 2024 · The key to progress, measured as a combination of wealth growth and falling or sustained inequality, has been political and institutional change that enabled citizens to become educated, better paid, and to amass wealth through housing and pension savings.
- Daniel Waldenström
Jun 24, 2022 · Economic growth matters to a country because it can raise living standards and provide fiscal stability to its people. But getting the recipe consistently right has eluded...
Why extreme wealth inequality is inimical to the 2030 Agenda. The concentration of wealth directly or indirectly affects all elements of the 2030 Agenda. Extreme economic inequality is, for instance, integrally linked with persistent and chronic poverty (SDG 1).
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Dec 10, 2021 · The latest World Inequality Report highlights the extent of wealth and income inequalities between and within countries. The COVID-19 pandemic has exacerbated many existing inequalities. Political action is necessary to tackle income inequality, the report's authors argue.
