Global Inequality: Facts, Fallacies & Fudge

The World Inequality Lab (‘the Lab’) claims: “extreme wealth inequality is rapidly increasing”.1 Conversely, the International Monetary Fund (IMF) claims: “Global inequality has been declining fast since the 1990s”.2 Conservative commentators leap upon the latter narrative and claim that capitalism has lifted hundreds of millions out of poverty. What’s really going …

Measuring Support for Ecosocialism

More than 5,000 people in the UK and US were presented with a proposal for ecosocialist transformation. What was their reaction? In the US, 72% of people supported it. In the UK support was even higher, at 82%. The proposal included the following: Scaling down damaging and unnecessary production and consumption …