Economic Inequality
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How baby bond schemes are helping combat racial economic inequalities in the US
The programmes ensure that poorer children start out their adult lives with a nest egg.
Carey L Biron, Thomson Reuters Foundation
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Why inequality is growing around the world
Globally, the richest 10% possess nearly 76% of the world’s wealth. Meanwhile, the bottom 50% own just 2%.
Fatema Z. Sumar, The Conversation
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As the wealthy converge on Davos to discuss the world’s problems, a case for taxing the rich
Harsh Mander and Prabhat Patnaik discuss funding universal social and economic rights, not just a universal basic income, in a time of widening inequalities.
Harsh Mander
Trending
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The curious case of Pran Puri, the 18th century travelling monk who was discovered and forgotten
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How Alexander the Great became Iskandar Zulkarnain, the legendary ancestor of Malay kings
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In Assam, a police crackdown on child marriage leaves a trail of crying women and broken families
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Why Turkey’s buildings collapsed like pancakes during the devastating earthquake
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Nepal was convinced of its plan to revive the wild water buffalo population, until things went wrong
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Covid-19 pandemic created a new billionaire every 30 hours, says Oxfam
Meanwhile, the non-profit organisation said it expects 263 million people to fall into extreme poverty this year.
Scroll Staff
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What do Indians want from the Budget? A ‘Covid surcharge’ on those who profited from the pandemic
More than 80% of the respondents in a survey supported the idea of taxing the ultra-rich.
Ananya Bhattacharya, qz.com
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Interview with Oxfam India CEO: With India’s inequality exploding, it can’t be business as usual
In the past two years, over 15 crore Indians slid into poverty, while the number of billionaires in the country grew.
Govindraj Ethiraj, IndiaSpend.com
Video
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Watch: Chased by crocodile, antelope swims for its life across river, escapes in nick of time
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Watch: Tiger waits for trucks to pass before crossing busy highway
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Watch: Rishi Sunak mentions ‘dharma’ as his reason for taking up the job of UK PM
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Turkey earthquake: Scenes of horrifying devastation emerge across the affected region
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Watch: American DJ Diplo shows off batting skills during game of gully cricket with locals in Mumbai
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Income of 84% Indian households fell in 2021 while 40 new billionaires emerged: Oxfam report
The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty.
Scroll Staff
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India is among the most unequal countries, says World Inequality Report
In 2021, the top 1% of India’s population earned 21.7% of the total national income, while the bottom 50% made just 13.1%.
Scroll Staff
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What Latin America’s inequality and political instability can teach the rest of the world
A large income gap between the poor and the wealthy has contributed to persistent political volatility and social discontent.
Diego Sánchez-Ancochea, The Conversation
The Reel
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‘The Consultant’ trailer: Christoph Waltz plays a sinister boss in dark comedy series
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Watch: Behind the scenes of Hansika Motwani’s December wedding
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Amit Trivedi lets his music do the talking: ‘There’s one life. We take it way too seriously’
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Start the week with a film: Horses and a quietly thumping heart in ‘The Rider’
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‘Class’ review: An immersive and revealing show about privilege
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Indian billionaires got richer by Rs 12 lakh crore since March as lakhs lost jobs amid Covid: Oxfam
It would take an unskilled worker 10,000 years to make what Mukesh Ambani earned in an hour during the pandemic, a report by the charity said.
Scroll Staff
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First person: My caste privilege in India blinded me to the reality of racism in the US
Ignorance is often bliss, but sometimes it is nothing short of a crime.
Mauktik Kulkarni
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What India really needs: A mass uprising to ensure inclusive economic growth
The focus on the country’s middle class ignores the problems of the millions in the informal sector.
Rohit Shenoy
The Field
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India vs Australia: KL Rahul on spin combination for Nagpur Test, batting in middle order and more
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WPL auction, player list: Harmanpreet Kaur, Smriti Mandhana, Ellyse Perry in first set; 409 in total
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Senior One Day Trophy: Tanuja Kanwer stars as Railways beat Karnataka to win record 14th title
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WPL 2023: Inaugural edition to be played in Mumbai from 4 March, 409 players shortlisted for auction
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IND vs AUS: From Kohli vs Cummins to Ashwin vs Khawaja – four key battles in Border-Gavaskar Trophy