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Articles on Wealth inequality

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Protesters take a knee during a demonstration calling for justice for the death of George Floyd and all victims of police brutality in Montréal on June 7, 2020. THE CANADIAN PRESS/Graham Hughes

Surviving the coronavirus requires escaping the status quo — together

Surviving COVID-19 means reconsidering what type of world we want to build and live in, together. We can no longer feign being a democracy that is not democratic.
The lawsuit filed by New York Attorney General Letitia James and 13 colleagues was the last roadblock to the merger. Drew Angerer/Getty Images

How the T-Mobile-Sprint merger will increase inequality

The T-Mobile-Sprint merger is the latest example of weakened enforcement of antitrust laws, which reduces competition and exacerbates already-record levels of inequality.
Though Qantas chief executive Alan Joyce might be outspoken on some progressive issues, he supports the system that pays him 300 times that of the average Australian. Mick Tsikas/AAP

Swollen executive pay packets reveal the limits of corporate activism

The phoney debate about corporate activism distracts from the need for a debate about inequality.
One of the recommendations by a welfare advisory group was to raise benefit levels by up top 47%, but the government has rejected it, for now. from www.shutterstock.com

Why New Zealand’s government cannot ignore major welfare reform report

Ardern’s coalition government promised to overhaul New Zealand’s welfare system, but its response to a comprehensive report by an expert advisory group has been disappointing at best.
Workers’ falling share of national income is helping to fuel the trade union campaign to ‘change the rules’. Dan Himbrechts/AAP

To tackle inequality, we must start in the labour market

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.
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. Mick Tsikas/AAP

The fair go is a fading dream, but don’t write it off

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. 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%.

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