Tag: inequality
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Dividends payments soar globally as worker pay stagnates
By Phillip Inman in the Guardian 1 May 2025 Shareholders have proved to be more successful at securing bumper payouts than workers have at winning higher pay, according to two studies that show dividends outstripping wages by a considerable margin in recent years. Oxfam said analysis of global data showed that dividend payments to shareholders over the…
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Water Flowing Upwards: Net financial flows from developing countries
from C. P. Chandrasekhar and Jayati Ghosh on Real-World Economics Review blog, 1 May 2024, originally published in the Business Line on April 29, 2024 Once again, low and middle income countries (LMICs) are at the brutal receiving end of the fickle trajectory of international capital flows. As Figure 1 indicates, net financial flows to such countries, which…
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The Scourge of Unemployment
Prabhat Patnaik The unemployment situation is worse today than it has ever been in post-independence India. There are two distinct elements that have contributed to this situation. One is the fact that the output recovery from the fall caused by the pandemic-linked lockdown has not been accompanied by a comparable employment recovery. In fact, even…
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Inequality Inc.
How corporate power divides our world and the need for a new era of public action Oxfam, 14 January, 2024 Since 2020, the richest five men in the world have doubled their fortunes. During the same period, almost five billion people globally have become poorer. Hardship and hunger are a daily reality for many people…
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The Political Determinants of Health Inequity – Another End of the World is Possible
By Remco van de Pas Ten years ago, The Lancet-University of Oslo Commission on Global Governance for Health released a report on the political origins of health inequity. (Ottersen et, al., 2014) The independent academic commission was formed in 2011. It was initiated by The Lancet and the Ministry of Health in Norway to examine…
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Health differentials associated with social inequality: description, explanation and strategy
The focus of this post is on the different uses of ‘social determinants’ and ‘social determination’ in describing, explaining and responding to the health differentials associated with social inequality. Background The level of health that a population can achieve is a function of their exposure to risk, their access to resources, and the distribution of…
