Income Inequality - Inequality.org
Over the past five decades, the top 1 percent of American earners have nearly doubled their share of national income, according to figures in the World Inequality Database.Meanwhile, the Census Bureau’s “official” poverty rate for all U.S. families has merely inched up and down. In 2011, the Census Bureau began publishing a “supplemental” poverty measure that is …
Gender Economic Inequality - Inequality.org
Throughout the U.S. workforce, women remain vastly underpaid. Institute for Policy Studies analysis of U.S. Census Bureau Data finds that among full-time workers, women earned an average of 83 cents for every dollar a man earned in 2021, up from 76 cents in 2001. The narrowing of the pay gap has slowed in the past two decades compared to earlier decades when women were joining the workforce in ...
Inequality.org
Inequality.org. is your online portal to data, analysis, and commentary on income and wealth inequality. You'll find on these pages information and insights that can help you better understand our deeply unequal world — and how we can work to change it.
10 Inequality Victories in 2024 - Inequality.org
Dec 18, 2024 · In dark times like these, shining a light on successful efforts to reverse our country’s extreme inequality is more important than ever. As we looked back on 2024, we actually found plenty to celebrate.
Wealth Inequality - Inequality.org
The collective net worth of America’s top 12 billionaires now surpasses $2 trillion. Their combined wealth increased by more than $1.3 trillion, or 193 percent, between March 18, 2020 and December 3, 2024, according to Institute for Policy Studies …
Racial Economic Inequality - Inequality.org
Racial Wealth Divide. By the middle of the 21st century, the United States will be a “majority minority” nation. If we hope to ensure a strong middle class, historically the backbone of the national economy, then improving the financial health of households of color will become even more urgent than it is today.
Eight Ways To Reduce Global Inequality
Feb 11, 2015 · 3. A Global Wealth Tax? In Capital in the Twenty-first Century , Thomas Piketty recommends an international agreement establishing a wealth tax. Under his plan, countries would agree to tax personal assets of all kinds at graduated rates.The skeptics do have a point about whether this particular plan is practical, but we shouldn’t give up on the idea.
It’s Not ‘Inflation’ — We’re Just Getting Ripped Off. Here’s Proof.
Feb 5, 2024 · Many Americans are still experiencing the sticker shock they first faced two years ago when inflation hit its peak. But if inflation is down now, why are families still feeling the pinch? The answer lies in corporate profits — and we have the data to prove it.
Global Inequality - Inequality.org
According to the UBS Global Wealth Report, in 2023 the world’s richest 1 percent, those with more than $1 million, owned 47.5 percent of all the world’s wealth – equivalent to roughly $214 trillion.Adults with less than $10,000 make up nearly 40 percent of the world’s population, but hold less than 1 percent of the world’s wealth.
Excessive Wealth Has Run Amok—This Must Stop - Inequality.org
Mar 6, 2024 · US capitalism was built on the backs of enslaved people and the slave economy. Slavery became the economic engine of the United States, fueling wars and building industries, including agriculture, banking, small business, and manufacturing. Wealth is also extracted from the earth—from mining to fracking. Excessive wealth, once acquired, is often dynastic and multigenerational.