In this December 2017 photo, U.S. President Donald Trump congratulates Senate Majority Leader Mitch McConnell of Kentucky, while Paul Ryan looks on, during a ceremony at the White House after the final passage of tax overhaul legislation.
(AP Photo/Manuel Balce Ceneta)
Donald Trump may have executed a hostile takeover of the Republican party, but the GOP has been laying the groundwork for decades.
Forida, who earns about 35 cents (AUD) an hour as a garment worker, subsists on watery rice when her family’s money runs out so her son may eat better.
We wear the evidence of extreme inequality – clothing made by workers in Bangladesh for 35 cents an hour. But we know how to reduce inequality – we just have to do it.
Some countries seem to provide more equitable opportunities in schools and society in general. Others have work to do if they want to advance the adage that hard work and education afford success regardless of one’s existing social status.
Conventional wisdom across much of the Western world says there's a strong link between education and upward social mobility. Really?
The fact that parents may be physically absent from schools does not mean they are disinterested in their children’s academic and professional success.
Working class parents may be too busy to attend high school events, but they take an active role in their children's success.
A forest fire works its way through a wooded area in Saskatchewan in May 2018. High-income nations have benefitted enormously from fossil fuels and the wealthy should now foot the bill to combat climate change.
A wealth tax would put a price on past emissions and could be used to mitigate the negative effects of poverty, including vulnerability to climate change.
Workers’ falling share of national income is helping to fuel the trade union campaign to ‘change the rules’.
While government payments and programs go some way to reducing inequality, the transformation of the labour market and its institutions has cut workers' share of the pie to historic lows.
First-generation college students face uneven prospects well after college.
First-generation college students earn substantially less than their peers whose parents went to college, new research shows.
Unions, which traditionally protected wages at the bottom end, are starting to tap into community anger at the wealth flowing to the top end of town.
This is the first article in a series, Reclaiming the Fair Go, to mark the awarding of the 2018 Sydney Peace Prize to Nobel laureate and economist Joseph Stiglitz.
The housing boom increased wealth gains for affluent households while rising housing costs undermined income gains for less affluent households.
The Productivity Commission neglected the impact of housing costs. After allowing for these costs, the top 10% of households' average disposable income grew at 2.7 times the rate of the bottom 10%.
People of color tend to suffer financially more than whites after natural disasters, such as Hurricane Katrina.
A new study shows that natural disasters enrich white victims while hurting people of color, worsening wealth inequality. And government aid contributes to the problem.
Households feeling the pinch from frozen wages feeds into slower economic growth, and policymakers need to find a solution.
Governments can't undo the technological changes behind frozen wages and rising inequality. The best policy is to invest in education and training to give workers skills of value in the new economy.
The cash machine doesn’t work for everyone.
Lots of things have happened in a century, but poverty has proven persistently hard to treat.
Domino’s CEO is one of the highest-paid executives in Australia.
Inequality is being driven by a focus on maximising shareholder value to the exclusion of other stakeholders.
The gulf between what Domino’s CEO Don Meij earned in 2017, A$36.8 million, and those who deliver the pizzas is extraordinary, so is the CEO worth that much?
The evidence suggests the impact of CEOs on company performance isn't enough to justify their sky-high pay, which is really based more on a culture of power and privilege.
The US suicide rate rose 30.4 percent between 1999 and 2015.
Most European nations have seen suicide rates fall by 20 percent or more. Research is limited, but some studies blame US inequality.
Public health spending is an important factor in reducing inequality between households in Australia.
The Australian Bureau of Statistics' latest analysis of the impact of government benefits and taxes on household income shows this reduces income inequality by more than 40% in Australia.
The big global cities might be engines of growth but are also where the deepest troughs of poverty and injustice are found.
The largest cities in Australia and the US are both the richest and the most likely to push out low-income earners. Having cities of all sizes will increase people's choices of where to live and work.
Forecasting income tax a decade into the future is a tricky proposition.
AAP Image/Joel Carrett
The income tax cuts in the 2018 federal budget are likely to be modestly regressive, giving high earners a lower share of the overall tax burden. But by 2028 income tax will be higher across the board.
Would you share your pay information?
A range of pressures are forcing companies to consider being more open about pay structures, levels and gaps. What are the risks and potential benefits of being more transparent?
The poor continue to be drowned out by a global minority enjoying elite status.
Inequality is decried at campaign rallies and in the global commentariat. But little is being done at any policy level.