All posts tagged: inequality

At anti-Trump rally, Sánchez promises to ‘twist the arm’ of the global right – POLITICO

At anti-Trump rally, Sánchez promises to ‘twist the arm’ of the global right – POLITICO

“We will twist the arm of the people who think they are completely untouchable,” Sánchez told the crowd. “The billionaires with greed that is unlimited. Those who speculate with houses of people,” he said. He singled out oligarchs “who want to get richer using our democracy and the mental health of our youngsters.” “When we progressives reach government, it is not to serve the elites — we put them in their place,” said Sánchez. He said the far right was “organizing internationally” but insisted their numbers betrayed weakness rather than strength. “They shout not because they are winning but because they know their time is about to be over,” he said. Some 6,000 left-leaning elected officials, policy analysts and activists attended the event in Barcelona. Organizers said the gathering would conclude with a joint declaration outlining coordinated action on shared priorities including inequality, climate and digital regulation. The gathering drew an unusually broad cast of heads of state and government, including Brazilian President Luiz Inácio Lula da Silva, South Africa’s Cyril Ramaphosa and Colombian President …

The labor economics of ‘Alien’ — and its lessons for inequality on Earth : Planet Money : NPR

The labor economics of ‘Alien’ — and its lessons for inequality on Earth : Planet Money : NPR

This article first appeared in the Planet Money newsletter. You can sign up here. OK, hear me out. I’m about to get into a new book with a provocative argument about why income inequality has exploded in America and how to fight it. But at the center of this very serious economic book is a concept that has me thinking a lot about … the labor economics of the movie Alien. You know, the classic sci-fi horror movie starring Sigourney Weaver, with that diabolical alien — the “Xenomorph” — which has inspired like a dozen other movies and TV shows in the years since. It provides a sort of extreme example of an economic phenomenon that this book and an increasing number of economists suggest is a lurking monster in the labor market that needs to be confronted. A central storyline in Alien franchise goes something like this: In 2099, a British company and a Japanese company merged to create the all-powerful Weyland-Yutani Corporation, a multi-planetary conglomerate with tentacles in artificial intelligence, robotics, terraforming, mining, …

In Monaco, Pope Leo to address inequality amid wealthy influence

In Monaco, Pope Leo to address inequality amid wealthy influence

VATICAN CITY (RNS) — Pope Leo XIV will travel on Saturday (March 28) from Vatican City, the world’s smallest country, to Monaco, the second smallest — linking two Catholic states whose global influence far exceeds their size. In a one-day trip totaling nine hours, Leo will become the first pope in the modern era to visit Monaco. While the country is often associated with wealth and luxury, the papal visit is expected to highlight themes of peace, multilateralism and ecology. “This trip will offer the pope an opportunity to reflect on the role of Europe,” said Vatican spokesperson Matteo Bruni while meeting with Vatican journalists on Wednesday. Leo will address “the responsible use of wealth and influence” at a time when Europe and the rest of the world are faced by war, polarization and conflict, Bruni said. “It’s a small country, and small countries can have a great role and open a big horizon in light of the problems of the world,” he added. Extending just over 0.81 square miles and with a population of …

Anne Pasternak Speaks Out Over Museum Leadership Gender Inequality

Anne Pasternak Speaks Out Over Museum Leadership Gender Inequality

At a forum in Washington, D.C. last weekend, Brooklyn Museum director Anne Pasternak voiced concern about what she sees as a troubling pattern in museum leadership. In light of recent museum leadership reshuffles, she argued that male museum directors often retire, while women more frequently get fired, the Financial Times reported. Pasternak was speaking at the Making Their Mark Forum alongside guests including Jodie Foster, Christophe Cherix of Museum of Modern Art, Chelsea Clinton, and artists such as Joan Semmel and LaToya Ruby Frazier. Pasternak said she’s worried about the direction of leadership in both the country and the museum sector. Her concerns echo those of other museum leaders. Interviews conducted for the Burns Halperin Report, a study on representation in the art world, found that many women working in the field raised the issue of a potential backlash against female leadership. None of the men interviewed brought it up. Related Articles According to Susan Fisher Sterling, director of the National Museum of Women in the Arts in Washington, D.C., periods of uncertainty can prompt …

Did baby boomers eat all the pies? John Lanchester on the truth about the generation gap | Generational inequality

Did baby boomers eat all the pies? John Lanchester on the truth about the generation gap | Generational inequality

Intergenerational relations, or lack of them, is a subject I’ve been thinking about, on and off, since the financial crisis. I’ve read up on it, too – things such as the Institute for Fiscal Studies’ report on intergenerational earnings mobility, which is wonky but full of fascinating information which needs some parsing. (Example: “While the educational attainment of ethnic minorities growing up in families eligible for free school meals is often higher than that of their white majority peers, their earnings outcomes show no such advantage.” Why not?) Another good source of data is the Office for Budgetary Responsibility’s (OBR) report on intergenerational fairness – which, interestingly, is about the bluntest statement of fiscal unfairness that you can find. The OBR makes the point that “a current new-born baby would make an average net discounted contribution to the exchequer of £68,400 over its life-time, whilst future generations would have to contribute £159,700”. In plain English, people’s lifetime contribution to the state is going to double. That number is from 2011, and will definitely have got …

Why tearing down empty homes in Detroit won’t fix inequality

Why tearing down empty homes in Detroit won’t fix inequality

For decades governments and private institutions have redlined Black citizens from financial services, severed their neighborhoods with hostile infrastructure, and enacted other policies designed to impoverish and disempower marginalized groups. Though some of those practices still exist in some form, emerging public consciousness and civil rights activists have put increasing pressure on policymakers to take steps to rectify this. One method, practiced in cities like Detroit, has been to demolish swathes of empty buildings abandoned by white flight, allowed to decay by a tax-starved municipal government, and withheld from Black residents by “blockbusting” agents selling them only after massive markups. The logic, according to its proponents, is to make space for majority-Black populations to flourish. But in “Demolishing Detroit: How Structural Racism Endures,” author Nicholas Claverly records his observations and research from field work in Detroit, arguing that those demolitions have largely maintained rather than removed racial inequities. Claverly, a professor at University of Massachusetts, Amherst, recently spoke to Salon about the problem of demolition in its current form, and the potential for a model …

From plumber to parliament, Hannah Spencer is Britain’s newest MP – POLITICO

From plumber to parliament, Hannah Spencer is Britain’s newest MP – POLITICO

“People already know how much we care about the climate crisis and the environment,” Spencer told POLITICO in February. Instead, the Greens are hoping to combine their climate credentials with wider topics, “linking it to other things we really care about.” ‘I fixed homes for a living’ When Spencer was announced as the Green Party’s candidate, her working class backstory was core to her messaging. “I didn’t go to university to study politics,” she said at the party’s campaign launch last month. “I’m a plumber here in Manchester. I fixed homes for a living. I spend my days in people’s kitchens, in their bathrooms, and their front rooms.” Green Party leader Zack Polanski on the campaign trail with Hannah Spencer earlier this month. Spencer’s working-class backstory was core to her messaging. | Danny Lawson/PA Images via Getty Images Spencer left school at 16 — a far cry from a university-dominated Commons — and took an apprenticeship, eventually setting up her own business: Hannah’s Household Plumbing.  Responding to questions about the authenticity of her working class …

Medicaid Undone | Adam Gaffney

Medicaid Undone | Adam Gaffney

One year ago President Donald Trump promised to “love and cherish” Medicaid. Alas, his affection for the public insurance program was short-lived. The so-called One Big Beautiful Bill Act (OBBA) he signed into law on July 4—the most sweeping health care legislation since Barack Obama’s 2010 Affordable Care Act (ACA)—slashes about $1 trillion in federal health care spending, mostly from Medicaid, over the coming decade. The spending reductions fund tax cuts for the wealthy and a surge in spending on immigration enforcement. As an ICU physician at a safety-net hospital system that largely serves publicly insured, low-income communities north of Boston, I may see some of the effects of the law’s cuts firsthand. Around half of our system’s gross patient revenue comes from Medicaid, which covers more than 70 million Americans. What these cuts will mean for hospitals like mine is uncertain: some providers could face severe financial strain or even closure if Medicaid revenues plunge. But for Medicaid enrollees themselves, there is little doubt that the cuts will translate into inadequate care, increased debt, …

In Zimbabwe, millions choose funeral insurance over pricey medical cover | Health News

In Zimbabwe, millions choose funeral insurance over pricey medical cover | Health News

Harare, Zimbabwe – Ngoni Mutambararo’s uncle, Steward Ganda, 60, spent the last months of his life at home, trying to recover from a severe ailment on his own. Ganda suffered from severe pain in his legs that left him confined to bed and unable to tend the small tuck shop he ran in Kambuzuma, a low-income suburb in Harare. Recommended Stories list of 3 itemsend of list Like millions of Zimbabweans without health insurance and unable to cover hospital expenses, he had hoped to soldier through and get well without medical attention. But as the weeks and months passed, his condition deteriorated. Eventually, family members convinced him to consult a physician, and he was first admitted to Sally Mugabe Central Hospital. Doctors initially suspected he’d suffered a stroke. But on further inspection, they told the family he may have a kidney-related issue and needed to see a specialist, a nephrologist whose consultation fee was $600. With no savings, Ganda’s family spent a month late last year trying to gather the money, hoping it would save …

Another kind of student debt is entrenching inequality

Another kind of student debt is entrenching inequality

In November 2012, during my first year as a PhD student, a 23-year-old medical student knocked on my door. Earlier that day, we had been discussing our ages in our shared kitchen. At 30, I had stayed silent, feeling a sharp sting of embarrassment next to my 20-something housemates. But this student was determined to get an answer from me. He shoved his passport in my face and demanded to see mine. When I admitted my age, he laughed and said: “Wow, you’re so old.” In that moment, I felt a deep sense of shame and failure. But after a decade of research tracking more than 100 young people, I want to tell my younger self: you weren’t failing. You simply hadn’t inherited the same amount of time as your peer. My work with students in China shows that social inequality isn’t just about money or status. It’s also about time inheritance. I started my PhD at 30 only after spending five years working to clear my family’s debts and move my parents out of …