Home Business news Global inequality ‘as marked as at peak of western imperialism’

Global inequality ‘as marked as at peak of western imperialism’

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Super-rich have grabbed an increasing share of the world’s income, economists’ study finds

Global inequality is as marked as it was in the early 20th century pinnacle of western imperialism after the capture by the super-rich of an increasing share of the world’s income, a new report has shown.

A study by a group of economists including Thomas Piketty and Emmaneul Saez said 30 years of the globalisation of trade and finance had widened the gap between rich and poor.

Continue reading…Super-rich have grabbed an increasing share of the world’s income, economists’ study findsGlobal inequality is as marked as it was in the early 20th century pinnacle of western imperialism after the capture by the super-rich of an increasing share of the world’s income, a new report has shown.A study by a group of economists including Thomas Piketty and Emmaneul Saez said 30 years of the globalisation of trade and finance had widened the gap between rich and poor. Continue reading…