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Political and economic power-holders will strive for a return to pre-pandemic ‘normality’.
The street market at Mont-Bouët in Libreville, Gabon. The country was one of 10 on the continent downgraded this year.
Downgrades have a devastating effect on economies that are already strained. The decision to downgrade during a crisis like the coronavirus pandemic must be challenged.
Governments have made a difference to inequality in the past, as Roosevelt’s New Deal did in the 1930s, and could do so again if citizens acted to ensure their voices are heard.
Governments’ lack of response to rising inequality is not a problem of knowledge or public support. The problem is that those whose needs are being ignored must find a way to make themselves heard.
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.
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 astronomic rise of the price of bitcoin over the past 12 months raises fears that the cryptocurrency is set to crash which could see many people lose money.
Donald Trump constantly invoked the idea of political correctness gone mad in his presidential campaign.
Populist leaders not only attack the institutions of global capital, they also disregard the checks and balances of institutional democracy.
Nigerian author Chinua Achebe, who died in 2013, wrote stories that offer students from all disciplines valuable insights about the world they want to fix one day.
Students of the social and political sciences can benefit enormously from being taught literature, short stories and watching artistic feature films.
Nobel Laureate Professor Joseph Stiglitz says Australia should make sure its international “brand name” is for its high-quality services.
Nobel Laureate and renowned economist Professor Joseph Stiglitz has been packing out lecture theatres in Australia in the past week. During his whirlwind tour, he’s talked about why inequality matters…
In the dock - Apple Chief Executive Tim Cook faces questions by a US Senate committee investigating tax avoidance.
As governments across the globe have struggled with growing government debt, the pressures of austerity and stagnant economic systems, ire has been thrown at the corporate fat cats who - according to the…