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 …

Unions Call for a New Social Contract

According to the International Trade Union Confederation (ITUC), by far the largest democratic organization in the world: “An alliance of tech elites, corporate giants and far-right political forces is advancing what can only be described as a billionaire coup against democracy. Their goal is clear: to shift power away from the …