New Book: Extracting Profit – Imperialism, Neoliberalism and the New Scramble for Africa

by Lee Wengraf. From Haymarket Books: A piercing historical explanation of poverty and inequality in African societies today and the social impact of resource-driven growth, Extracting Profit explains why Africa, in the first decade and a half of the twenty-first century, has undergone an economic boom. Rising global prices in oil and minerals have produced a scramble … More New Book: Extracting Profit – Imperialism, Neoliberalism and the New Scramble for Africa

2018 Conference on The Global Knowledge of Economic Inequality: The Measurement of Income and Wealth Distribution since 1945

German Historical Institute London Date: 15-17 November 2018 Closing date: 28 February 2018 Economic inequality has become one of the most contentious political topics of our time, and statistics on income and wealth disparities have come to play an increasingly important role in modern political culture, influencing public debates about distributional questions, societal self-descriptions and … More 2018 Conference on The Global Knowledge of Economic Inequality: The Measurement of Income and Wealth Distribution since 1945

The elephant in the world

Originally posted on occasional links & commentary:
One of the most important stories I read, but did not write about, while I was away was the launch of the World Inequality Report 2018.* The authors of the report confirm what Branko Milanovic and others had previously discovered: that a representation of the unequal gains in world economic…

Just How Democratic Is Mexico?

As neoliberalism caused greater inequality and more poverty in Mexico ever since the 1990’s, the country’s leaders stifled press freedom and democratic rights in order to maintain power. Now Mexico has one of the world’s highest murder rates of journalists explains Mark Weisbrot.

Why Stopping Tax “Reform” Won’t Stop Inequality

By Lance Taylor, Over the past four decades, American household incomes have become strikingly more unequal, along an unsustainable path. But as of late 2017, prospects for attacking inequality are bleak, whether or not the Republican-controlled U.S. Congress manages to pass a tax cut favoring businesses and high-income households. Fundamental changes in income and wealth … More Why Stopping Tax “Reform” Won’t Stop Inequality

The Growth of a “Dual Economy” in the Centre

Marcella Corsi, Guy Standing, Peter Temin, Shannon Monnat, Servaas Storm & Thomas Ferguson discuss. “Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies. Download the papers and presentations at: ineteconomics.org/conference-session/growth-of-dual-economy