“Extreme wealth is a sign of a failing economic system,” says a new Oxfam report on global inequality.
"The days of irregular migration to Europe are over", announced European Council President Donald Tusk on 7 March 2016. If
One of Jeremy Corbyn's anti-austerity economic advisers has warned the new Labour leadership against aping the Tories, suggesting
The German government is on course to destroy Europe with its attempts to impose austerity across the continent, a leading
Russell Brand, the comedian turned author/activist who posts daily rants to YouTube about religion, politics and the media
People spend money on things they don't need, drink themselves stupid at prices they can't afford and perhaps worst of all, offer charitable donations and expect nothing in return.
The tide is finally beginning to turn when it comes to trust in the banking industry. After the collapse of public trust following the uncertainty of the financial crisis, confidence levels are slowly returning - if only among those with higher bank balances.
Now that the panic has subsided somewhat, I find myself asking whether Piketty's book, for an average-Joe like me, was worth reading. Hopefully, by explaining my personal experience reading Piketty, I will help other intellectually-curious, non-economist types decide whether it's worth all the effort.
Evidence of increasing inequality has been accumulating for 30 years. Taxes were reduced, the financial, property and IT sectors boomed and billionaires appeared. Since then, the number of billionaires based in Britain is reported to have increased tenfold to 104.