Articles on Wealth inequality

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Shifting the tax burden to wage earners in the middle is a costly and outdated approach to tax reform. Dave Hunt/AAP

Expanding the GST would hit the ‘middle’ and women the hardest

Many developed economies have experienced a significant increase in inequality in recent decades. Survey data for Australia show that the share of the top 10% of the income distribution, and more markedly…
Protestors have been rallying for a “living wage” across the country in recent years, including at this one last month in Washington. Reuters

It’s time we revived FDR’s ‘wages of a decent living’

A noxious combination of falling wages, income inequality at its highest since the 1920s and a growing low-wage sector has caused the ranks of the working poor to swell to more than 47 million. That’s…
Activists dressed as musicians and wearing masks depicting leaders of the members of the G7 protest against wealth inequality in Brussels in June. Reuters

The wealthy suffer from an ‘empathy gap’ with the poor that is feeding a rise in inequality

Wealth and income inequality have many causes, and it’s pretty much beyond dispute that any well-functioning capitalist society will have some degree of disparity between the richest and the poorest. It’s…
Dee and Deirdre featured on Channel 4’s Benefits Street. Joe Giddens/PA Wire

It’s easy to hate ‘poverty porn’ but harder to fight inequality

George Osborne’s recent announcement that households would receive personalised “annual tax statements” allowing them to track how their taxes are spent has been heavily criticised as manipulative and…
The Slave Trade painted by a French abolitionist artist.

Slavery in America: back in the headlines

This article was published in 2014. An updated version was published in 2017 Foundation essay: This article was part of a series marking the launch of The Conversation in the US. Our foundation essays…
Australia’s highest paid CEO Nicholas Moore saw his salary grow to $13.1 million this year. Tracey Nearmy/AAP

CEO pay study shows how much Australians tolerate inequality

Almost everyone in a study soon to be published in Perspectives on Psychological Science thinks chief executive officers are paid significantly too much - almost everyone it suggests, except Australians…
Former Liberal leader John Hewson has launched the Australia21 report at Parliament House today. AAP/Lukas Coch

Increasing inequality brings high social cost: report

The land of the fair go is disappearing, argues former Liberal leader John Hewson, on the release of a new report on wealth inequality. The report warns inequality is increasing rapidly in Australia, posing…
Monumental economics? Time will tell for Thomas Piketty’s ideas on wealth inequality. Image sourced from www.shutterstock.com

Thomas Piketty: the next Marx or a Malthus of our time?

Thomas Piketty’s recent book on the long-term patterns in wealth inequality, Capital in the 21st Century, has ignited a passionate debate both within academia and, perhaps more interestingly, the wider…
Is Australia on its own ‘Great Gatsby curve’? Victoria Pickering/Flickr

The Great Gatsby days of inequality and social polarisation

In the popular novel of F. Scott Fitzgerald, James “Jimmy” Gatz (The Great Gatsby) climbs from his poor, rural North Dakotan origins to New York’s high society. His parties are as glamorous as they get…
Once universally thought of as an egalitarian country, what’s happened to wealth and income inequality in Australia in recent decades? AAP/Dan Peled

Income and wealth inequality: how is Australia faring?

The Conversation is running a series, Class in Australia, to identify, illuminate and debate its many manifestations. Here, Peter Whiteford investigates what has happened to income and wealth inequality…

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