Articles on Wealth inequality

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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.
The Turnbull government’s line that supply is the key to affordability finds little support among housing experts. Dan Himbrechts/AAP

What housing issues should the budget tackle? This is what our experts say

Housing experts writing for The Conversation largely agree on the government policies that are causing negative distortions in the market and the wider economy. And supply is not the key concern.
If a second airport creates another centre of activity in western Sydney, then it won’t just be air travellers who benefit. Stilgherrian/flickr

Our big cities are engines of inequality, so how do we fix that?

Our big cities increase incomes faster than population growth, but most residents miss out on the extra income growth. Creating multiple centres of activity may help make bigger better for everyone.
Tax policy appears to be one driver of inequality. Lucas Jackson/Reuters

What factors influence income inequality?

An analysis of what's known as the Gini coefficient offers some clues on what makes one society more unequal in terms of income than another.
Warren Buffett’s voice has been one of the loudest arguing it’s time to raise taxes on millionaires and billionaires like him. Rick Wilking/Reuters

Are we ready to raise taxes on the rich? History says no

Two centuries of tax policy show efforts to raise taxes on the rich hinge on questions of fairness. The history also suggests proponents have a tough road ahead.

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