Posts in category

Income Inequality


File photo: Former Prime Minister Shinzo Abe, who has been implicated in a lawsuit against an unreported political finance secretary, will hold a press conference in Tokyo on December 24, 2020.Reuters / Issei Kato September 24, 2021 Reika kihara Tokyo (Reuters) – Rising wealth inequality in Japan has become a major issue in the ruling …

Sep 25, 2021 JOHANNESBURG JOHNNY MILLER, a photographer, started filming South African cities by drone in 2016. Shots from Cape Town, Durban and Johannesburg show neighboring neighborhoods, but different worlds. On one side of a photograph could be a leafy suburb dotted with azure pools; on the other, a shantytown with tight barracks. Listen to …

The problem with capitalism is that the rich get richer and the poor get poorer, as Shaq Magee’s brief overview of the billionaire conundrum shows. Indeed, an analysis done earlier this year showed that the number of billionaires on Forbes’ 35th annual list of the richest in the world has exploded to an unprecedented 2,755, …

Remitly Global Inc. sees many opportunities to transform a huge category of money movements that still take place in expensive and low-tech ways. The fintech company is looking to simplify the process of sending money so that people can send money back more easily, securely and cheaply to loved ones. The company calculates that it …

A new vision for the world trading system must encompass equitable access to the benefits of trade for all of society, and some countries have expressed support in this regard. Trade policy reforms could have a significant impact on national economic inequalities if a series of concrete measures are taken. The WTO, and trade policy …

The House Ways and Means Committee key missed opportunities in their initial revenue proposals to fairly pay for President Biden’s Build Back Better plans, especially to tackle wealth inequality. But the Committee’s suggestions include powerful anti-inequality reforms that should be included in final legislation. One of these promising proposals is very similar to an idea …

The relative distribution of family income has changed very little over the last generation. The nation took a big step towards equality during World War II; Throughout the post-war period, the higher income groups received a significantly smaller share of total income than they did in the boom years of the 1920s. It was the …

By Steve Lopez Sunday, September 19, 2021 | 2 a.m Was this the most frivolous waste of time in California election history? He was a serious competitor, that’s for sure. “I would say it was first of all a waste of time because it never got into the big issues California is facing,” said Rob …

A police officer speaks with a victim of sex trafficking. Courtesy of the FBI When Arien Garcia first escaped as a victim of trafficking, she struggled to find a job somewhere in Fresno. His non-violent criminal record has always pushed his job seekers to the foot of the mountain. She applied for “All McDonald’s and …

A local effort to give a helping hand to businesses in southeast Fort Wayne will receive help from it, officials said on Friday. The Family and Friends Fund for Southeast Fort Wayne is one of 10 early stage social enterprises selected by Uncharted, a Social Impact Accelerator. The local fund will participate in the Uncharted …