Articles on Wealth inequality

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The housing boom increased wealth gains for affluent households while rising housing costs undermined income gains for less affluent households. Sam Mooy/AAP

How the housing boom has driven rising inequality

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%.
The big global cities might be engines of growth but are also where the deepest troughs of poverty and injustice are found. Jorge CMS/Shutterstock

Aim for cities of all sizes to give everyone a fair go

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.
Competition between neighbours, rather than between strangers living far apart, amplifies inequality. This can lead to homicide and civil war. Pexels

How competition fuels inequality and conflict

Competition between neighbours turns up the volume on inequality. Homicide and civil war may be the result.
Got a spare $250 million? If you’re among the 0.1 percent, you probably do. Bruce Makowsky

How rich are the rich? If only you knew

Income inequality, the most common way to measure the gap between the rich and the poor, only tells part of the story. Wealth inequality tells the rest.
BlackRock Inc is relatively unknown outside financial circles, but it owns the largest share in the biggest 299 companies in the world. Edward Munoz/Reuters

Who owns the world? Tracing half the corporate giants’ shares to 30 owners

Today the world is dominated by 30 financial corporations that hold more than half the shareholdings of its corporate giants. And they follow the logic of finance capital – the logic of money.

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