An Indian scholar makes the case that caste explains inequality in America better than race and class. By Subramanian Shankar.

You might think that the kind of extreme poverty that would concern a global organization like the United Nations has long vanished in this country. Yet the special rapporteur on extreme poverty and human rights, Philip Alston, recently made and reported on an investigative tour of the United States. Surely no one in the United States today is as poor as a poor person in Ethiopia or Nepal? As it happens, making such comparisons has recently become much easier.

The development charity Oxfam has called for action to tackle the growing gap between rich and poor as it launched a new report showing that 42 people hold as much wealth as the 3.7 billion who make up the poorest half of the world’s population.

Four out of every five dollars of wealth generated in 2017 ended up in the pockets of the richest one percent, while the poorest half of humanity got nothing, a report published by Oxfam found on Monday. As global political and business leaders gather for this week's World Economic Forum annual meeting in Davos, Switzerland, the charity's report highlights a global system that rewards the super-rich and neglects the poor. It found that 3.7 billion people who make up the poorest half of the world saw no increase in their wealth in 2017...

Four out of every five dollars of wealth generated in 2017 ended up in the pockets of the richest one percent, while the poorest half of humanity got nothing, a report published by Oxfam found on Monday. As global political and business leaders gather for this week’s World Economic Forum annual meeting in Davos, Switzerland, the charity’s report highlights a global system that rewards the super-rich and neglects the poor. It found that 3.7 billion people who make up the poorest half of the world saw no increase in their wealth in 2017, while 82 percent of the wealth generated last year went to the richest one percent of the global population.

One reason people are quiescent in the face of racist, sexist, ecocidal outrage is their belief that Russiagate special prosecutor Robert Mueller will save them. By Paul Street.

What to buy the person who has everything this holiday season. By Justin Ocean.

In the classic Ayn Rand novel Atlas Shrugged, the rich go “on strike” – withdrawing their services and disappearing from society in protest against taxes and regulation. Weary of carrying an ungrateful world on their shoulders, business leaders and other top income earners finally shrug, and leave the world without them. The book’s metaphor inspires political rhetoric to this day: if you tax the rich, they will leave.

Anti-poverty advocates on Tuesday implored world leaders to combat the massive wealth gap described in the annual Global Wealth Report released by Credit Suisse, which showed that the world's richest one percent own just over half of the global wealth. "This report highlights the huge gulf between the haves and the have nots—the world's richest one percent own more than everyone else combined while the poorest half of the population share less than a penny of every...

The globe’s richest 1% own half the world’s wealth, according to a new report highlighting the growing gap between the super-rich and everyone else. The world’s richest people have seen their share of the globe’s total wealth increase from 42.5% at the height of the 2008 financial crisis to 50.1% in 2017, or $140tn (£106tn), according to Credit Suisse’s global wealth report published on Tuesday.

At Uber, discrimination was baked into the system, a new suit alleges, pointing to systemic bias against women in the ride-sharing company’s performance evaluations.

“I shouldn’t have to see the pain, struggle and despair of homeless people to and from my way to work every day.” By Daniel Duane. (Dec. 17, 2016)

Young people in the art world are disproportionately likely to get financial help from their parents. Can only rich kids afford careers in the arts? By Anna Louie Sussman. (Feb. 14, 2017)

Focusing on core competence and outsourcing the rest has made U.S. companies lean, nimble and productive. It has also left lots of people worse off.

Kenya has been called an unsafe place for tourists because of frequent violent crimes. Former president Barack Obama said in a speech that it's time for the country to "change habits" because "too often here in Kenya … corruption is tolerated." But there is at least one thing the country gets better than the United States: Income equality.

Many Americans can’t remember anything other than an economy with skyrocketing inequality, in which living standards for most Americans are stagnating and the rich are pulling away. It feels inevitable. But it’s not.

Inequality actually restricts people from earning more, educating themselves and becoming entrepreneurs.

When all job differences are accounted for, the pay gap almost disappears

The word captures something crucial about the faction that took over the Democratic Party after Reagan. By Mike Konczal.

Don’t console yourself for a minute that in electing a fellow plutocrat, our side won. President Trump isn’t on any side but his own. By Nick Hanauer.