inequality

Israel ranks 18th globally in wealth, with 195,000 millionaires as of 2025, a 4.7% increase from 2024. The UBS report notes 8,800 new Israelis joining the millionaire行列 and rising average wealth, though inequality has deepened since 2020.

South Africa experiences recurring anti-migrant mobilizations, with migrants being used as political scapegoats for issues like unemployment and inequality. Aimée-Noel Mbiyozo of the Institute for Security Studies argues these narratives are politically expedient despite lacking evidence.

Private equity investments in youth sports offer benefits but also result in increased costs and potential inequality. The article highlights both the positive and negative impacts of these investments.

South Korea’s AI-driven semiconductor boom has boosted exports, corporate profits, and stock prices to record levels. However, Kim Yong-beom, a senior economic policymaker, warns that the concentrated gains could lead to property speculation and increased inequality.

Wages are falling while wealth is surging at the top, leading to unprecedented inequality in U.S. history and contributing to American unhappiness.

Activists protested the SuperReturn private equity summit in Berlin, accusing the industry of causing inequality, job cuts, and rising costs. Investors representing trillions gathered at the summit to pursue high returns.

Protesters in Geneva set a Tesla on fire and damaged a UN agency during an anti-G7 demonstration, leading to clashes with police who used tear gas. Demonstrators targeted symbols of capitalism and multilateralism, criticizing the G7 summit in France as a meeting of the wealthy that ignores inequality.

California ranks high in economy and mental health but near the bottom in inequality and environment according to recent studies. The state faces challenges like high homelessness, cost of living, and budget deficits, with sustained out-migration since 2008. Texas outperforms California in some areas like press freedom but lags in environmental performance.

James Heckman, an economics professor at the University of Chicago, discusses the value of risk-taking and China's 'common goal' in an interview. His research focuses on social and economic issues such as inequality, social mobility, and labor market regulation, including studies on China's labor market.

Peru's presidential race is influenced by voter concerns over insecurity and instability, with many seeking a leader who can address crime and inequality. The country has had eight presidents in the past decade, contributing to a desire for political stability.

Peru's presidential election is highly competitive as voters seek stability after frequent leadership changes. The next president is expected to prioritize addressing crime and inequality.

A study in Nature reveals that uniform sharing of public goods enhances cooperation in social networks but leads to inequality as benefits concentrate among well-connected individuals, despite collective success.

China's high-tech development is exacerbating existing inequalities, potentially making the country more unequal. The rapid rise in technology is leaving significant portions of the population behind.

Zack Polanski and Caroline Lucas, current and former leaders of the Green Party, warn the party must address the concerns of Reform UK voters to combat inequality. They highlight the need to understand why voters impacted by the cost of living crisis were drawn to Nigel Farage's party.

Greater Manchester Mayor Andy Burnham criticized former Prime Minister Tony Blair for failing to grasp the role of inequality in politics, following a veiled attack from Blair. Burnham accused Blair of misunderstanding how inequality influences political dynamics.

Senior Labour figures criticize Tony Blair's essay for failing to address modern challenges like inequality and austerity. Andy Burnham and Torsten Bell argue the former PM's critique lacks relevance, with Burnham planning a detailed response.

Jeff and Lauren Bezos faced protests for their $10m patronage of the Met Gala, despite being praised by Anna Wintour. The event highlighted tensions between elite fashion circles and public criticism of Bezos's wealth and business decisions.

CEO pay increased 54% between 2019 and 2025, while global worker wages fell 12% after inflation adjustments. The analysis by Oxfam and the International Trade Union Confederation highlights widening inequality, with U.S. inequality surpassing global levels.

A Middle East oil and gas crisis could cost the global economy up to $1 trillion while petroleum companies profit from high fuel prices. A climate group urges a windfall tax on fossil fuel profits as rising inequality, poverty, and hunger are linked to the conflict and global fossil fuel dependence.

The article discusses the concept of monopsony, where employers have the power to suppress wages, which was previously overlooked by economists. Recent research suggests monopsony is widespread, and a new book argues it is central to understanding current economic inequality.