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The pandemic has touched every corner of the globe, but its impacts have not fallen on everybody equally. The latest data and projections in two fundamental areas - health and wealth.
The primary problem in a deeply unequal democracy will never be the influence we allow the wealthy to bring to bear on our politics. The primary problem remains concentrated wealth itself, the huge gap between the wealthy and everyone else.
'We are in a struggle between a progressive movement that mobilizes around a shared vision of prosperity, security and dignity for all people, against one that defends oligarchy and massive global income and wealth inequality'
Sam Raimi’s Spider-Man trilogy introduced us to a working-class kid from Queens struggling to both save his city and pay the rent. Disney has wealthy new benefactors rewriting just what it means to be a superhero.
The Federal Housing Administration, created in 1934 during the New Deal, forced newly built suburbs to be racially exclusive through guaranteeing whites-only mortgages. This, and subsequent policies, were major drivers of racial wealth disparity.
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The Report, published Dec 7, 2021, presents up-to-date data on inequality worldwide. Global inequalities remain extremely pronounced: they are about as great today as they were at the peak of Western imperialism in the early 20th century.
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The Pandora Papers show the US to be a global center of illicit financial flows. Building the political will to curb this requires action in national capitals and global institutions, and also in all the jurisdictions where wealth is hidden.
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