The global economy is not working well enough, for enough people.
Right now, just 1% of the world’s population holds over 35% of all private wealth, more than the bottom 95% combined. According to Oxfam, the eight wealthiest individuals in the world – all men – have the same wealth as 3.6 billion of the world’s poorest. The world could see its first trillionaire in the next 25 years, yet one in nine people go to bed hungry every night and one in 10 of us still earns less than $2 a day.
What's the solution? Follow our series examining the causes of global income inequality, and the bold ideas that could challenge the status quo.
With capitalism in need of fundamental reform, here is a list of some of the bold ideas that could challenge the status quo.
Today’s global economy, riven with extreme inequalities, is running down the living world on which everything depends. How can we turn this around?
The value of your work should not be determined by your paycheck, but by the amount of happiness you spread and the amount of meaning you give.
Find out how land value, worker unions and something called the 'Alaska model' could put humanity back on course to shared prosperity.
High rates of wealth inequality are bad for social cohesion, political inclusion and crime. Fortunately, history provides some clues to how we might tackle it.
High wages, excellent schools and renewable energy help to put Norway at the top of the World Economic Forum's Inclusive Development Index.
Many people feel that the pay gap is out of control and needs to be corrected. But how?
If an economy is growing, surely everybody must win? Not quite.
Affordable technologies are allowing people to innovate in ways that were previously only available to large corporations. We must spur this on.
Research explores trends in inequality in Europe from 1300 onwards.
Access to decent work opportunities for all is the most effective way to lift people out of poverty, reduce inequality and drive economic growth.
Executives need to reflect on what they can do not only to help their businesses succeed, but to strengthen the societies in which they operate, says Stefan Stern.
Most of the digital disruption debate has focused on the implications for competition and employment in the corporate world. But what about the broader consequences for society?
A new NBER paper looks at income inequality in the US, and assesses the differences between capital and labour income.