While the steep rise of inequality in the United States is well-known, long-run data on the incomes of the richest shows countries have followed a variety of trajectories. Here are four articles, written by Joe Hasell for Our World in Data, that explore a wide range of indicators on inequality and poverty
A while ago, researchers at Oxfam set out to answer a question: if we compare labor laws in the US to peer nations, how does the US stack up? We figured the answer would be “not so great.” We didn’t anticipate just how poorly the US is doing.
It turns
As the global economy continues to weather high inflation, energy prices and interest rates, majorities of adults in 18 of 24 countries surveyed by Pew Research Center this spring rate their nation’s economic situation poorly. A median of 70% of adults across these countries say their nation’s economic situation is bad. Just 29% offer positive
According to the Federal Reserve Board’s May 2023 report Economic Well-Being of U.S. Households in 2022, nearly four in 10 US adults reported that they couldn’t cover a $400 emergency expense with cash, savings, or a credit card paid off at the next statement.
The Federal Reserve Board noted, the higher savings aren’t
India is a country with a rich cultural heritage and a fast-growing population and economy. However, it still faces a enormous challenge of poverty. According to the World Bank, in 2018, about 44.8% of India’s population lived below the international poverty line of $1.90 per day. Those are the most up-to-fate figures since India
Breaking the cycle of poverty requires addressing the root causes of poverty and providing individuals and communities with the resources they need to build better lives. One of the most effective ways to do this is by creating sustainable jobs that provide stable employment opportunities and access to the resources needed to build assets and
In 2019, about half of American households had no savings in retirement accounts, according to the Survey of Consumer Finances (SCF). These accounts include individual retirement accounts; Keogh accounts; certain employer-sponsored accounts, such as 401(k), 403(b), thrift savings accounts; and pensions.
Personal saving has grown more important as
The Covid-19 pandemic was terrible. But it did contribute to two improvements in the lives of working Americans on both sides of the wage spectrum.
First, low earners. “After a brutal few decades in which low-wage jobs proliferated and the American middle class hollowed out, the working poor have started earning
It’s time to take action to support women workers in global supply chains
BSR’s HERproject, Gap Inc., P.A.C.E, CARE and Better Work have come together to form a new initiative called RISE: Reimagining Industry to Support Equality in order to scale impact and accelerate equality for women workers in global garment, footwear and home furnishings supply chains.
The
In honor of Women’s History Month, we will feature articles that focus on women this month. This one’s from the Pew Research Center by
The gender gap in pay has remained relatively stable in the United States over the past 20 years or so. In 2022, women earned an
A recent help-wanted ad for a laundry worker in Cleveland contained some unusual language, asking prospective candidates: “Have you ever wanted to work for a company that is 90 percent employee-owned? What about a company that offers a program to help you become a homeowner?” The ad went on to identify Evergreen Cooperative Laundry as
The Macmillan Dictionary defines participatory as allowing or encouraging everyone to take part in something. The Collins English Dictionary says that capitalism is an economic and political system in which property, business, and industry are owned by private individuals. So, one can properly assume that participatory capitalism is encouraging everyone to take part in an
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This article will describe five social enterprises that provide food and cultural opportunities to customers while employees have a chance to gain valuable experiences, fair wages, and benefits.
Scampia, Italy – The aroma of Italian-Romanian Roma cuisine wafts through a theater in a crime-ridden neighborhood. Before the show, people line up
1. Duke University – Fuqua School of Business
Background: The Fuqua School of Business focuses on preparing leaders to achieve lasting social change, with an orientation toward social entrepreneurship, impact investing, and global health.
Social Impact Center: Center for the Advancement of Social Entrepreneurship (CASE)
Categories: Executive MBA and Top US Schools
Website: https://centers.fuqua.duke.edu/case/
2. INSEAD
Background:
John Hoffmire: In the three years since I met you as a fellow of the Chevening Research Science and Innovation Leadership Programme (CRISP) at Oxford University, you created and have steered SR Innovation Exchange (SRiX) to a level where you are receiving international recognition. Please tell me more about that.
Sreedevi: I explain it this way:
In its 72 years of independence, India has shown its unprecedented prowess in building a modern, democratic nation. It has lifted millions out of poverty, is one of the fastest growing economies in the world and has increased its global influence by becoming a member of the G20
