Tag: unemployment

Mad Money: The Financialization and Rising Inequality of the US Economy

By Pratistha Joshi Rajkarnikar A recent UN news story blames the excessive speculation in the financial markets for impeding basic human rights. The 2022 World Development Report highlights the need to address fragilities within the financial sector for a sustainable recovery from the pandemic, and several studies have linked the rise of finance to lower […]

How COVID-19 Has Magnified Pre-existing Inequalities in the US

By Ellie Hu The distribution of wealth and resources in the United States has been extremely unequal in recent decades, as the share of national wealth owned by the top 1 percent has increased from less than 25 percent in the late 1970s to around 45 percent more recently. In 2022, the top 1 percent […]