Now Just Five Men Own Almost as Much Wealth as Half the World’s Population

By Paul Buchheit on Common Dreams, 13 June 2017 Last year it was 8 men, then down to 6, and now almost 5. While Americans fixate on Trump, the super-rich are absconding with our wealth, and the plague of inequality continues to grow. An analysis of 2016 data found that the poorest five deciles of the world population own about $410 billion in total wealth. As of 06/08/17, the …

Transforming the economy

By Hunter Lovins – May 2017 The Regenerative Future Summit and the Leading for Well-Being Consortium are working on a regenerative path to an economy in service to life:  a world that works for 100% of humanity.  The doors have been thrown open to anyone who wants to participate, starting tomorrow.  The meeting will be 15 – 17 May 2017 in Boulder, …

Leading for Well-being: it’s time to become leaders ourselves! To dream (and organize) bigger: to address climate change and inequality on a deeper, structural level

By L. Hunter Lovins, Spring 2017.  It’s time to become leaders ourselves, to dream (and organize) bigger: to address climate change and inequality on a deeper, structural level. It’s time to re-think work and security and the value of life. To reject blind pursuit of growth. It is time to build an economy that provides well-being to all—people and species—rather than …

When the land values rise, productive capacity of the economy is unchanged, but those who don’t own land get poorer, people spend less and people, demand and the economy suffer

Alice Martin, in The Guardian, May 2017 It is a strange kind of economy where land and property routinely earn more than people do. But that is what we have – and the amount of wealth tied up in these areas has increased dramatically over the past few decades. Today the value of property in the UK stands at over …

Back to Work: A Public Jobs Proposal for Economic Recovery

Download March 7, 2011 by Philip Harvey In order to return employment to pre-recession levels and restore consumer demand, millions of additional jobs must be created. At the pace of current job creation, it would take many years to reach full employment. This report makes the case that we should create jobs for the unemployed directly and immediately in public …

Growing inequality in US and China, but worse for middle and lower classes in the US, and how we assess the growth of poverty worldwide

John A. Powell and the Haas Institute are suggesting Targeted Universalism as a different way—a powerful way—to make the transformational changes we need. Changes we need to improve life chances, promote inclusion, and enhance and sustain equitable policies and programs. To better understand a targeted universalism framework, please enjoy this brief animated video, which explains the difference between targeted universalism and more …

Inequality and economics: Tony Atkinson’s enduring lessons

By Andrea Brandolini, Bank of Italy2 LIS Newsletter, Issue No. 1 (March 2017) – Inequality Matters  Tony Atkinson died of multiple myeloma in January 2017. Developing an idea originated by Hugh Dalton (1920), Tony viewed income inequality as the loss of social welfare associated with an uneven distribution of incomes. This focus on social welfare allowed him to derive three important …

Bloomberg: Income inequality battle brewing at state level

By Sharon H. Lee, on Bloomberg Bureau of National Affairs, Mar 1, 2017  In response to growing concerns over income inequality, some states are proposing legislation designed to penalize companies using pay ratio data disclosed pursuant to the Securities and Exchange Commission’s pay ratio disclosure rule. Pay Ratio The SEC’s pay ratio disclosure rule requires public companies to report the ratio …