Systemic barriers prevent average investors from capitalizing on potentially lucrative or riskier opportunities, which can exacerbate their financial vulnerability.
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While Warren Buffet’s ‘buy low, sell high’ strategy has proven extremely successful for himself, it’s challenging for those without significant financial resources.
The Seattle skyline with Mt. Rainier in the background.
Wolfgang Kaehler/LightRocket via Getty Images
Ending institutional racism is a long-term goal and requires well-informed and engaged people to remake systems and structures
Given the current state of the economy and governmental policy, it’s unsurprising that so many are lured by the appeal of passive income.
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You may feel little sympathy for people in the top bracket of earnings, but don’t let that stop you reading. Like it or not, their views and actions matter to everyone
The UK Labour Party used to radically advocate for common ownership. But as private wealth in Britain benefits from ever greater tax breaks, anti-inequality sentiment is waning.
Sri Lanka is among the countries facing the risk of debt distress.
Ishara S. Kodikara/AFP via Getty Images
Susan St John, University of Auckland, Waipapa Taumata Rau
Forget wealth or capital gains taxes, a straight tax on housing equity – exempting most homeowners – would be a simple and efficient way to break the circuit of inequality.
Levying substantial taxes on the super-rich would lead to far more societal benefits than harms. What’s taking us so long?
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The costs of high taxes on the rich are likely only to be moderate. But the democratic, environmental, and health benefits are truly enormous and could transform society and dramatically.
It’s more necessary than ever before to re-examine the fundamentals of our economic order.
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As the year ends, how has New Zealand fared on global and domestic measurements, from social and economic freedoms to tackling poverty and homelessness?
Food prices are soaring.
Jim Watson/AFP via Getty Images
Soaring inflation in the US has been driven in part by large increases in the price of groceries – a burden that falls disproportionately on lower-income families.
Max Rashbrooke, Te Herenga Waka — Victoria University of Wellington
The number of New Zealanders with ‘negative net wealth’ is large and growing – reflecting widening economic inequality that remains an urgent political priority.
Amazon founder Jeff Bezos, right, watches a video playback of his flight with his new space tourism company from the spaceport near Van Horn, Texas.
(AP Photo/Tony Gutierrez)
Agata Soroko, L’Université d’Ottawa/University of Ottawa
Teaching kids better budgeting won’t fix post-pandemic inequalities. A more robust social safety net, less hoarding and squandering of wealth and more equitable tax policies might.
A woman sweeps outside her shack in Khayelitsha, Cape Town. South Africa is among the most unequal societies in the world.
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Rethinking capitalism requires that the primary focus should be on the distribution of economic power as the potential leading causal factor driving inequality.
Workers at a textile factory in Cape Town, South Africa. Differences between wages and executive pay isn’t currently in the public domain.
Dwayne Senior/Bloomberg via Getty Images
Companies being required to go public with information about executive and workers pay packets is increasingly becoming the norm.
Canada’s latest federal budget did little to tackle climate action or income inequality, two problems with strong ties. Alberta’s Bow Lake is seen in this photo.
Josh Woroniecki/Unsplash
You might be surprised to find yourself in the company of Elon Musk and Jeff Bezos in the world’s richest 1%. This has big implications for planetary survival.
Pick a political flavour: a Christchurch ice cream shop named its offerings after the party leaders during the 2020 campaign.
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It was a campaign like no other, and while there were missed opportunities and lapses of judgement, the fact New Zealanders are voting in a safe and fair election is reason enough to celebrate.
Deputy Director of the Afrobarometer & Associate Professor in the Department of Political Science and MSU’s African Studies Center, Michigan State University