Browse tag

Inequality

Home / Posts Tagged "Inequality"
World’s witnessing a new Gilded Age as billionaires wealth swells to $6tn

Not because the time of the Carnegies, Rockefellers and Vanderbilts at the turn of the 20th century was a lot owned by so couple of The world’s super-rich hold the best concentration of wealth because the United States Gilded Age at the turn of the 20th century, when households like the Carnegies, Rockefellers and Vanderbilts managed large fortunes. Billionaires increased their integrated worldwide wealth by nearly a 5th in 2015 to a record $6tn ( 4.5 tn)– more than two times the GDP of the UK. There are now 1,542 dollar billionaires throughout the world, after 145 multi-millionaires saw their wealth tick over into nine-zero fortunes in 2015, inning accordance with the so-called burglar barron households who developed huge fortunes from monopolies in United States rail, oil, steel and banking in the late 19th century, an age of fast industrialisation and growing inequality in America that ended up being called... Readmore

Readmore
08 Aug
Google reportedly fires author of anti-diversity memo

Google reportedly fires author of anti-diversity memo

CEO Sundar Pichai states internal file that criticised efforts to promote ladies and under-represented minorities contrasts our fundamental worths Google supposedly fired a software application engineer on Monday after a in a memo to workers. It contrasts our standard worths... Readmore

02 Aug
South Koreas inequality paradox: long life, good health and poverty

South Koreas inequality paradox: long life, good health and poverty

How is it possible that a nation accountable for remarkable gains in health care and nutrition discovers itself with almost half its older residents residing in relative hardship? E arlier this year, a worldwide group of researchers released in the... Readmore

17 Jul
How the middle class hoards wealth and opportunity for itself

How the middle class hoards wealth and opportunity for itself

American society is controlled by an elite 20% that ruthlessly safeguards its own interests W hen I was maturing, my mom would in some cases threaten my sibling and me with electrocution. Well, thats not rather. The hazard was of... Readmore

14 Jul
Under siege by liberals: the town where everyone owns a gun

Under siege by liberals: the town where everyone owns a gun

Nucla, Colorado, was founded by socialists before becoming a mining town. Now, as wealthy liberals with different values encroach, the town is fighting for its economic survival Theres an empty stretch of field off highway 141 in logo Craig received... Readmore

02 Jul
‘A violence no autopsy can reveal’: the deadly cost of India’s campus prejudice

‘A violence no autopsy can reveal’: the deadly cost of India’s campus prejudice

Many Dalit students regard university as a place of ridicule and abuse. Amrit Dhillon investigates the aftermath of two suicides and asks: is it time to make campus caste discrimination a criminal offence? Vikas Kumar Moola has been troubled by... Readmore

13 Jun
The healthcare gap: how can a child die of toothache in the US?

The healthcare gap: how can a child die of toothache in the US?

The long read: When a 12-year-old boy lost his life as a result of an untreated tooth abscess in Maryland in 2007, his story revealed how hard it can be for people on low incomes to get the dental care they... Readmore

12 May
At LA airport’s new private terminal, the rich can watch normal people suffer

At LA airport’s new private terminal, the rich can watch normal people suffer

LAXs mega-exclusive terminal has beds, massages, and an iPad to see individuals slog through the primary airport. The supervisor rejects its about inequality T he guiltiest enjoyment at Los Angeles worldwide airports (LAX) brand-new LAX each year. There they process... Readmore