inequality
A research paper titled “Decomposing the Productivity-Wage Nexus in Selected OECD Countries, 1986-2013,” studied 11 advanced-capitalist countries and found that in eight of them median wages have not kept pace with growth in labor productivity. To put ...[Read more]
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The UNâs Philip Alston is an expert on deprivation and he wants to know why 41m Americans are living in poverty. The Guardian joined him on a special two-week mission into the dark heart of the worldâs richest nation ...[Read more]
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Homelessness is now a serious risk for working families with stable jobs who cannot find somewhere affordable to live after being evicted by private-sector landlords seeking higher rents, the local government ombudsman has warned.
Michael King said nurses ...[Read more]
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A new report released Thursday finds that economic inequality has soared in nearly every country around the world, with the United States' income and wealth gaps widening to a particularly extreme degree compared to European and other countries.
The World ...[Read more]
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Seen in the simplest terms, the story of political economy over the past four decades is a class war between capital and labour, which capital has won hands down. The battlefield is littered with evidence of labour’s defeat: nugatory pay awards, precari ...[Read more]
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A robot patrolling a street in San Francisco to ward off homeless people has been removed after complaints from locals, who also knocked it over and smeared it with feces.
The Knightscope K5 security robot was deployed by the San Francisco branch of the S ...[Read more]
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The World Trade Organization is struggling to balance the interests of wealthy countries, such as the United States, with those of China and other less-developed countries.
The 11th World Trade Organization ministerial conference in Buenos Aires, Argentin ...[Read more]
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The body of a homeless man was found tragically 'frozen to death' in Birmingham's city centre on the coldest night of the year.
Police were called to a car park entrance in Station Road at 11.30pm Wednesday after a local drinking in the nearby boozer disc ...[Read more]
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We were growing food, but couldn’t afford to buy it. We worked 80 hours a week, but we couldn’t afford to see a dentist, let alone a therapist. I remember panic when a late freeze threatened our crop, the constant fights about money, the way light swe ...[Read more]
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U.S. student loan debt now equals the size of the $1.3 trillion U.S. high-yield corporate bond market, presenting investors with a whole different range of risks.
“Delinquency rates on student loans are much higher than those on auto loans or mortgages, ...[Read more]
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House Speaker Paul Ryan (R-Wis.) on Wednesday said House Republicans will aim to cut spending on Medicare, Medicaid and welfare programs next year as a way to trim the federal deficit.
“We’re going to have to get back next year at entitlement reform, ...[Read more]
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