Oxfam | The analysis finds the 10 wealthiest Californians are now worth a collective $1.045 trillion, up $338.4 billion from March 2025. Oxfam released a new analysis showing how billionaire wealth in California has exploded over the last year, underscoring the need for tax reform to curb inequality...
Oxfam | The amount of untaxed wealth hidden offshore by the richest 0.1 percent exceeds the entire wealth of the poorest half of humanity (4.1 billion people), reveals new Oxfam analysis published today ahead of the 10th anniversary of the Panama Papers. The findings show that, a decade later, the s...
Press Release | The increase in value-added tax (VAT) currently being discussed by the federal government to cover public financing needs would be disastrous from both a distributional and economic perspective. It would primarily affect people with low and middle incomes, as well as transfer recipie...
The Guardian | Never before in American history have so few had so much wealth and power. Today, the top one per cent owns more wealth than the bottom 93%. One man, Elon Musk, worth $805bn, owns more wealth than the bottom 53% of American households.
And that inequality is getting worse. Last year...
idw | In recent decades, income and wealth disparities have widened significantly in many European countries. At the same time, support for populist parties has grown. Previous studies have already pointed out that rising inequality may be contributing to the growth of populist movements. But how ca...
Jacobin | Some on the Left believe that the capitalist system will not tolerate any greater interventions in its operation or redistribution of its spoils. There is no good evidence that this is true.
Source. Jacobin.