#wealth inequality
13 stories
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Mining boom masks wealth inequality crisis
South Africa's extraordinary mining profits have concentrated wealth among the richest while leaving mining communities poor and excluded, raising questions about who really benefits.
Daily Maverick · 4m
Record wealth threshold as young billionaires surge in US
Forbes' 2024 list shows ten billionaires under 40, mostly from AI, with four from Anthropic alone.
Business Insider · 1m
Jersey's tax haven boom leaves islanders behind
As global wealth floods into the Channel Island, locals struggle with rising costs and food bank use triples, while the government doubles down on finance.
the Guardian · 3m
California's billionaire tax battle signals party divide
A one-time five percent tax on billionaires splits Democrats as the November vote looms with national implications.
NBC News · 3m
SAT turns 100 as wealth gap widens
The standardized test that promised equal access to college now shows wealthy students are 13 times more likely to ace it.
Fortune · 2m
Money reveals what kind of friend you are
Wealth gaps between friends shape where you eat, what you do, and whether you feel comfortable saying no.
TIME · 2m
Dalio: AI is miraculous and devastating
Ray Dalio says AI will boost productivity hugely but also deepen wealth inequality and fuel a market bubble.
Fortune · 1m
Occupy Wall Street's 15-Year Legacy
How Trump's 'swamp' echoes Occupy's 99% slogan.
Newsweek · 1m
Billionaire heirs are pushing for faster giving
Younger generations are rewriting philanthropy, demanding their wealthy parents give away fortunes now instead of waiting decades.
Fortune · 3m
San Francisco's AI boom is pricing out everyone else
As tech salaries soar, non-tech workers and small-business owners are being squeezed out of the city they once called home.
Business Insider · 3m
Bitcoin's Lost Boys
At a Las Vegas crypto convention, economically desperate men found hope in a currency that mirrors their distrust of institutions.
Slate Magazine · 3m
Tech bros struggle to date as industry reputation tanks
Wealthy tech workers say their employer makes them undateable, as public perception of Silicon Valley has shifted from innovation to unchecked power.
Futurism · 1m
Apple's price inflation is bad for capitalism
Luxury goods keep getting more expensive, pricing out the middle class and threatening support for free markets.
MoneyWeek · 1m