Podcasts about world inequality lab

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, March 22, 2024. My name is Nelson John. Let's get started:Indian benchmark indices surged on Thursday, riding the wave of optimism from global markets. This uptick came after the Federal Reserve maintained its outlook for three rate cuts within the year, sparking a rally. Both Nifty and Sensex rose more than 0.75 per cent by the end of the day's trading on Thursday. Money x Power = ? Have you ever heard of a  plutocracy? It's a scenario where the wealthiest individuals not only hold the purse strings but also the reins of governance, turning financial might into political power. A similar trend is unfolding in India. As per the World Inequality Lab's latest study, income and wealth inequality are breaking records, even outpacing countries like China and Brazil. The elite one percent in India aren't just wealthy; they're earning 23 times more than the average Indian. If left unchecked, this imbalance could lead to India's future being shaped by a plutocracy.Mint's national writer Sayantan Bera takes a closer look at this pressing issue in today's Mint Primer.Ola Electric, steered by Bhavish Aggarwal, is on the brink of a significant move in India's electric vehicle landscape with its initial public offering drawing near. The electric scooter-maker known for its S1 series is drawing investor interest. People close to the matter told Mint's autocorrespondent Alisha Sachdev that Singapore's Eastspring and UK-based Pictet are lining up as anchor investors, signalling favourable market sentiment. Dominating over 40 per cent of India's electric two-wheeler market, Ola Electric's battery division, Ola Cell Technologies, is set to boost efficiency and profitability. Ola's ambitions are clear: expanding its cell factory capacity and venturing into advanced battery technologies, including bidding for lithium resources.The Indian Premier League, Indian cricket's biggest spectacle, begins today, kicking off a summer of high octane action in the game's shortest format. Cricket fans are excited, but the advertising scene this year tells a different story. Star Sports and Jio, the custodians of broadcast and digital rights, have seen ad rates stagnate. Major sectors like automotive, e-commerce, telecom, and fintech are yet to jump into the advertising fray. Mint's assistant editor Varuni Khosla reports on the mood of the advertisers around this year's biggest television event. Varuni also spoke to advertising experts who noted a peculiar reluctance towards the IPL among clients this season, pointing to a broader market slowdown rather than the tournament's appeal. Seems like restaurants are in a bit of a soup. The stock market isn't serving up good news for restaurants lately. Case in point: Devyani International Limited, the company operating your local KFC and Pizza Hut outlets. Over the past year, Devyani's shares climbed just 10 per cent, a stark contrast to the Nifty Midcap index's 57 per cent surge, indicating rough weather for the sector. And it's not just Devyani feeling the heat. Westlife Foodworld, which runs McDonald's in India, also saw its stock rise by merely 10 per cent over the same period. So what's behind this industry-wide slump? Mint's national editor Abhishek Mukherjee dug into the issue. Abhishek spoke to Siddhanth Chhabaria of Mirae Assets who blamed the downturn on dwindling demand and a broader consumption slowdown.Right before Russia made its move on Ukraine in February 2022, their hackers unleashed malware on Ukrainian military comms by targeting routers connected to Viasat, a major American satellite and internet provider. Things got tense and Ukrainian leaders called out for help. Elon Musk, who owns Starlink responded and Ukraine got its internet back. Fast forward two years, and Starlink has become a lifeline, keeping Ukraine's military and civilians connected through the chaos. This satellite internet service, brought to life by SpaceX, is changing the game with thousands of satellites zooming around in low Earth orbit. Meanwhile, back in India, there's a scramble to catch up. The Indian government tweaked some rules to make it easier for satellite broadband services to set up shop without the usual auction requirements. This is a big deal for companies like Bharti Group's OneWeb, Reliance's Jio Satellite Communications, Musk's Starlink, and Amazon's Kuiper, paving the way for them to offer their services across India's vast and varied landscape. Mint's telecom correspondent Gulveen Aulakh takes a deep dive into the emerging industry of satellite communications or SatCom in India. A subset of India's 8.5 billion dollar space economy, the satcom industry is set to close in on 2 billion dollars by 2030. According to ratings agency Icra, by 2025, India's satcom industry could be serving up to 2 million users and raking in revenue between 5,000 to 6,000 crore rupees a year. We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance.That's all for today. Thank you for listening.We'll be back on Monday with a fresh episode of Top of the Morning. Have a wonderful weekend!Show notes:Mint Primer | Mind the income gap: Is India becoming a plutocracy?Ola Electric holds a battery secret on road to IPOCricket spirits soar, but IPL's ad rates are flatRestaurants in the soup as weak consumer sentiment bitesLeos, Meos and Geos: Broadband from the stars is coming soon

It's a well-known fact that rich countries pollute more than poor countries. What is less taken in account is that it is within countries and especially inside emerging countries that inequalities in terms of pollution are increasingly significant. The middle classes, in India, China or Latin America, are beginning to pollute just as much as the western middle classes. What policies should be put in place to reverse the trend? Answers by Lucas Chancel, Associate Professor of Economics at Sciences Po's Center for Research on Social Inequalities  and affilited to the Department of Economics. Lucas Chancel is also Co-Director of the World Inequality Lab at the Paris School of Economics and Senior advisor at the European Tax Observatory.   Additional Resources Lucas Chancel, Philipp, Bothe, Tancrède Voituriez -  Climate Inequality Report 2023, World Inequality Lab Study 2023 Lucas Chancel - Global carbon inequality over 1990–2019. Nat Sustain, November 2022  Gregor Semieniuk, Lucas Chancel, Eulalie Saïsset, Philip B. Holden, Jean-Francois Mercure, Neil R. Edwards - Potential pension fund losses should not deter high-income countries from bold climate action, Joule, Issue 7, 2023   Recorded on 30th May, 2023 Conversations with Sergei GURIEV  is a podcast by Sciences Po. Hélène NAUDET supervised the production of this series, accompanied by Anaëlle VERGONJEANNE. The Sciences Po audio department produced and mixed it. Hosted by Ausha. See ausha.co/privacy-policy for more information.

Les inégalités tuent. C'est le titre du dernier rapport d'Oxfam paru en 2022. Elles sont aussi fortes aujourd'hui qu'elles ne l'étaient au début du 20ème siècle. Ça, c'est la conclusion de l'autre rapport majeur sur le sujet, celui du WIL, le World Inequality Lab. Depuis le début de la pandémie, les différences se sont fortement creusées, entre les continents, les pays, et les gens, différences d'accès aux revenus, aux opportunités, aux soins, aux produits de base, à l'éducation et même, différence d'empreinte carbone.

Finance Minister Enoch Godongwana said the central bank's constitutional mandate to maintain price stability is sufficient to foster job creation, suggesting there's no need for that directive to be expanded. The head of the governing African National Congress's (ANC's) economic transformation committee last week raised the prospect of widening the South African Reserve Bank's mandate to help create more jobs and support transformation in the nation's financial industry. Godongwana chaired discussions by the committee about the issue at the ANC's five-yearly policy conference over the weekend. “The mandate of the Reserve Bank is defined in the constitution” to maintain price stability in the interests of economic growth, he said in an interview Sunday. “You can then say in maintaining that stability in the interest of growth, you then must take into account that growth with employment generation, so there is nothing wrong with that.” Godongwana's comments are further evidence that President Cyril Ramaphosa, who is expected to stand for a second term as leader of the ANC at an elective conference in December, has managed to keep his economic policy intact despite opposition from within the party. A document seen by Bloomberg showed support for his plans to boost private participation in infrastructure and energy investments. The mandate of the central bank has been a hot-button issue for the ANC, with opponents of its policies saying it's focused too much on inflation at the expense of job creation. South Africa has a 34.5% unemployment rate -- the highest on a global list of 82 nations monitored by Bloomberg. The Thomas Piketty-backed World Inequality Lab ranks South Africa as the world's most unequal nation for which wealth data is available. That's a legacy of the apartheid system that limited economic opportunities for Black South Africans, who make up about four-fifths of the population, in favour of the country's White minority. The head of the ANC's economic transformation committee, Mmamoloko Kubayi, also raised the prospect of increased engagement between the central bank and the National Treasury on policy matters. Godongwana said he communicates regularly with central bank Governor Lesetja Kganyago. “I don't have a problem with writing a letter to Lesetja but I can't instruct Lesetja, the constitution does not allow me to do so,” Godongwana said. “We meet regularly so I am happy with the interaction.” Other issues raised for discussion by the committee at the ANC conference included: The introduction of a wealth tax as a possible way to minimize income and wealth inequality in South Africa Feasibility studies into adding new refinery capacity, following the closing of existing facilities The need to ensure that gas and nuclear power are considered as energy sources despite opposition from some critics who favour the sole use of renewable energy. The issues raised by the committee will be discussed at the ANC's elective conference in December, when it will appoint officials to lead the party for the next five years.

How much money do you think it would take to be in the top 10%, worldwide, in net worth?   What is the difference between being rich vs wealthy?   The World Inequality Lab released a report that took a look at the income or net worth of every Country that exists. It showed that the average adult, worldwide, makes $23,380.  To be in the top 10% globally, you would need to make $122,100   06:08 Is being rich defined by how much you make? 11:55 If you are chasing true wealth, you need to do this. 12:55 You aren't wealthy until you have something money can't buy. 14:25 Time is your most valuable and limited asset. 17:45 Take control of your money generating assets.   Check out my YouTube channel here. Follow me on Twitter and Instagram. 

Pure economic factors or technological factors or the level of economic development or level of technological development cannot explain the diversity of levels of inequality and structure of inequality that we observe throughout history.Thomas PikettyA full transcript is available at www.democracyparadox.com.Thomas Piketty is Professor at the École des Hautes Études en Sciences Sociales (EHESS) and the Paris School of Economics and Codirector of the World Inequality Lab. He is also the author of A Brief History of Equality.Support Democracy Paradox on Patreon for bonus episodes and exclusive updates and information. Key HighlightsThe Case for Reparations for HaitiAn Account of the Historical Movement Toward Greater EqualityEconomic Inequality as a Political ConstructionShould Economic Equality be the Goal of the State?Is Thomas Piketty Optimistic for the Future?Key LinksA Brief History of Equality by Thomas PikettyCapital in the Twenty-First Century by Thomas PikettyFollow Thomas Piketty on Twitter @PikettyLeMondeDemocracy Paradox PodcastJoseph Fishkin on the Constitution, American History, and Economic InequalityJacob Hacker and Paul Pierson on the Plutocratic Populism of the Republican PartyMore Episodes from the PodcastMore InformationDemocracy GroupApes of the State created all MusicEmail the show at jkempf@democracyparadox.comFollow on Twitter @DemParadox100 Books on DemocracySupport the show (https://www.patreon.com/demparadox)

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/intellectual-history

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history

There is no political power without control of the archive, if not of memory. Effective democratization can always be measured by this essential criterion: the participation in and the access to the archive, its constitution, and its interpretation. – epigraph in The Long Land War by Jo Guldi (2021) Every political order contains within it tensions, contradictions, and vulnerabilities that at a certain point become too difficult to maintain. – The Rise and Fall of the Neoliberal Order by Gary Gerstle (2022) In the Economica Centenary Coarse Lecture delivered virtually to the London School of Economics in 2021 Thomas Piketty lightheartedly remarked on his English as part of a larger point about how linguistic limitations can reduce our access to important information and data worldwide. And like the epigraph above opening a book about the global struggle for occupancy rights, Piketty was noting just how dependent scholars are on the kind of primary sources to which they can use and access. Coming from one of our era's preeminent scholars of political economy it was more than just a self-deprecating lead-in for his 2020 Capital and Ideology, a book that enlarged the focus of his famous 2014 Capital in the 21st Century by expanding the geopolitical reach of its analysis of the structure of inequality with its emphasis on political and ideological forces as key causative factors rather than purely economic and technological ones. As he mentions in this interview, his latest book concisely refines his arguments. Coming in at a short 277 pages the professor's A Brief History of Equality, translated by Steven Randall (The Belknap Press of Harvard University Press, 2022) will come as a bit of relief for readers acquainted with his much lengthier earlier works. Piketty offers up this comparative history of inequalities among social classes in human societies – or, as he points out: a brief history of equality acknowledging the long-term trend toward greater social, economic and political equality. The book opens with ‘the movement toward equality' and ‘the slow deconcentration of power and property' before reminding readers of our ‘heritage of slavery and colonialism' and then broaching ‘the question of reparations'. You will hear Professor Piketty share his thoughts on why this question is key for reconciling societal divisions and what reparations could represent in terms of social justice. As he points out, both in this interview and in the book, ‘everything remains to be invented' which is offered in the same optimistic spirit with which he argues that the struggle for increasing levels of equality requires ‘collective learning'. The crisp progression of ideas in the ten chapters of his narrative leads to its concluding implications that the need for increasing equality at the global level is not only a moral imperative but also an economic one. Not everyone will agree with the professor's vision or his interpretations but few will question his authority or transparency in such deliberations. The professor's research and data can be studied through his homepage, and the World Inequality Database. Thomas Piketty is a professor at the Paris School of Economics, Director of Studies at The School of Advanced Studies in Social Sciences, and Co-Director of the World Inequality Lab and Database. Keith Krueger lectures in the SILC Business School at Shanghai University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Zhruba jedno procento nejbohatších Rusů vlastní majetek v hodnotě téměř poloviny veškerého bohatství všech ruských obyvatel. Tvrdí to nejnovější ekonomická zpráva EU Tax Observatory a World Inequality Lab. Jak takové bohatství ruských oligarchů vypadá, dokumentuje projekt Russian Asset Tracker, který investigace.cz spolu s dalšími 24 evropskými médii spustila v pondělí 21. března. Kdo je 1 % nejbohatších Rusů? Kam si nejčastěji ukládají peníze? A odkud tyto peníze mají? Odpovídá redaktorka investigace.cz Zuzana Šotová.

durée : 00:58:42 - Entendez-vous l'éco ? - par : Tiphaine de Rocquigny - Depuis 2019, le Liban est plongé une crise économique sans précédent. Défaut de paiement de sa dette souveraine, dépréciation de sa monnaie, baisse des salaires, pauvreté endémique... Rien ne semble épargner ce pays étranglé par un État clientéliste et une classe politique minée par la corruption. - invités : Lydia Assouad Doctorante à l'Ecole d'économie de Paris, chercheuse associée au Centre Carnegie sur le Moyen-Orient et au World Inequality Lab.; Aurélie Daher Enseignante-chercheuse à Paris-Dauphine et à Sciences Po Paris

Over the past weeks and months, we've been traveling around to meet old friends around the world. Valerie has been in the US, UK, Canada, and Norway while Meryn has been in Norway and Australia. We reflect on our encounters and conversations we have with our friends of different perspectives and share the contrasting movements across countries and continents. From those encounters, we are reminded of how difficult it can be for many of our peers, who are busy building a life (as one does in their late 20's, 30's, and 40's), to deal with all the emerging social and climate challenges of today. It can be easy to underestimate ourselves to tackle big systemic problems that seem impossible like climate change and social injustices, but we've also witnessed collective action in many ways that have progressed us further every day. One of them is cancel culture, a powerful yet dangerous modern form of boycotting and ostracism, for better or worse. While cancel culture has its pros and cons, the call for accountability is spreading towards the corporate world where millennials and gen z are taking these values to the workplace for the better. Of these values, we discuss the key topics of concern such as climate, business in society, mental health, systemic racism, health in the workplace, and stress (exacerbated during COVID). /////////Endnotes////////// Deloitte Millennial Survey, A call for accountability and action, 2021 Credit Suisse Research Institute, Global Wealth Report, 2021 The World Inequality Lab, World Inequality Report, 2021 Bregman, Rutger. Utopia for Realists. Bloomsbury Publishing PLC, 2017 --- Send in a voice message: https://anchor.fm/modernidealist/message

This episode is part II of the last episode, episode 5. We continue our discussion about the millennials and gen z workforce asking for accountability and making a collective call for action. For many of us, COVID has either exacerbated or created mental health issues and stress levels that we hadn't had or noticed before. There is a stigma around mental health problems especially in the relationship between employees and employers given it is often a place of work performance. This calls for more development of emotional intelligence and psychological flexibility amongst leaders and the work culture in organizations. But numbers show that people are still stressed and anxious due to the pandemic and that a significant amount of the younger workforce believe that their companies have done a poor job in supporting them. In addition to the stress and mental health problems, we're battling, we're still faced with other societal inequalities that too often show up in our personal lives leaving many to rethink our values on wealth distribution and discrimination because of our backgrounds. As people call for accountability and change, we don't often know what we want to change into. Are we asking for more salaries, competitive employment benefits, regulations, labor laws, etc? Meryn and I have been fortunate enough to experience different societal structures and organization cultures across the US, Australia, UK, and Norway. We've enjoyed the laws to protect the benefits of employees in Norway, but we also see the fast-changing landscape of market-driven organizational changes in the US and in Australia. Join us in on our discussion! /////////Endnotes////////// Google's Manipulated Ad Auctions, Microsoft Buys Activision Blizzard, and the Danger of Billionaires, Pivot Podcast, 2022 Deloitte Millennial Survey, A call for accountability and action, 2021 Credit Suisse Research Institute, Global Wealth Report, 2021 The World Inequality Lab, World Inequality Report, 2021 Bregman, Rutger Utopia for Realists. Bloomsbury Publishing PLC, 2017 --- Send in a voice message: https://anchor.fm/modernidealist/message

SUCCESSION : POURQUOI LES CANDIDATS VEULENT TOUT CHANGER – 14/01/22 Invités DOMINIQUE SEUX Directeur délégué de la rédaction - « Les Echos » ANNE-LAURE DELATTE Économiste-chercheure au CNRS - Université Paris Dauphine SOPHIE FAY Journaliste - « L'Obs » AGNÈS MICHEL Fiscaliste La question de la fiscalité et des droits de succession s'invite dans la campagne présidentielle. Dans une interview accordée aux lecteurs du Parisien en début d'année, Emmanuel Macron a affirmé qu'il ne fait « pas partie de ceux qui pensent qu'il faut augmenter les droits de succession à tout-va, bien au contraire ». Ces quelques mots sont passés assez inaperçus au moment de la publication de l'échange fleuve. Les propos du président de la République qui a « très envie d'emmerder » les non-vaccinés ont monopolisé l'attention et les commentaires. Pourtant, l'annonce n'est pas anodine, au contraire. D'ailleurs, quelques jours plus tard le ministre de l'Economie est revenu sur le sujet. Dans un entretien à LCI, lundi 10 janvier, Bruno Le Maire a donné l'exemple d'une tante qui veut transmettre un bien à son neveu ou nièce et il a estimé que les taux sur les transmissions, c'est-à-dire, l'argent que l'État prend au passage de cet héritage, est « quasiment confiscatoire » Les droits de succession entre individus sans lien de parenté direct représentent entre 55 % et 65 % du bien. Le patron de Bercy laisse ainsi entendre qu'il faudrait les réduire. En revanche, pour les successions en ligne directe, à savoir entre enfants et parents par exemple, qui bénéficient de déductions fiscales pouvant aller jusqu'à 100 000 euros et ne peuvent dépasser 40 % de l'héritage, là « c'est raisonnable » a affirmé le ministre. Dès lors on peut comprendre que si Emmanuel Macron se présente pour un second mandat, il défendra l'idée d'une réforme pour baisser dans certains cas la fiscalité sur l'héritage. Sujet clivant par excellence, les droits de succession le sont également dans cette campagne. A droite, Marine Le Pen, Eric Zemmour ou Valérie Pécresse sont favorables à de plus larges exonérations, notamment en élargissant les possibilités de donations « entre vifs ». Elles sont actuellement exonérées de droits dans la limite de 100 000 euros entre parents et enfants, à raison d'une tranche tous les quinze ans. A gauche, au contraire, l'objectif est plutôt de renforcer ces droits de succession, notamment des plus riches. Anne Hidalgo veut ainsi équilibrer l'impôt sur les successions en taxant plus les très gros héritages et les très grosses donations. L'écologiste Yannick Jadot propose de limiter strictement à 100 000 euros le montant non taxable (alors que la multiplication des donations ainsi que diverses exonérations permettent d'aller bien au-delà). Jean-Luc Mélenchon va plus loin et prône pour un plafonnement de l'héritage pour les plus grandes fortunes. Autrement dit, au-delà de 12 millions d'euros, l'État prend tout. De son côté le Conseil d'analyse économique (CAE) invite, dans une note publiée en décembre dernier, les pouvoirs publics à revoir l'assiette des droits de succession et à supprimer certaines niches fiscales qui bénéficient aux plus riches. Il recommande également la création d'une garantie de capital pour tous. Ce dernier pourrait être versé à 18 ou à 25 ans et pourrait représenter de 10 000 à 40 000 euros pour lutter contre les inégalités extrêmes. Car le poids de l'héritage ne cesse de renforcer et de creuser les écarts de revenus dans le pays : les successions comptent pour 60 % dans le patrimoine des Français, alors que c'était deux fois moins il y a 50 ans. Et avec l'allongement de la durée de vie, on hérite désormais en moyenne à 57 ans contre 30 ans au début du XXe siècle. Un patrimoine qui est également très inégalement réparti au niveau mondial. Dans son dernier rapport World Inequality Lab s'alarme d'une « concentration extrême du pouvoir économique » dans les mains d'une « très petite minorité de super-riches ». En 2021 dans le monde, les 10 % des personnes les plus aisées détiennent plus de 75 % des richesses. Pire : les plus riches d'entre eux (les 1%) en détiennent 40 %. DIFFUSION : du lundi au samedi à 17h45 FORMAT : 65 minutes PRÉSENTATION : Caroline Roux - Axel de Tarlé REDIFFUSION : du lundi au vendredi vers 23h40 RÉALISATION : Nicolas Ferraro, Bruno Piney, Franck Broqua, Alexandre Langeard PRODUCTION : France Télévisions / Maximal Productions Retrouvez C DANS L'AIR sur internet & les réseaux : INTERNET : francetv.fr FACEBOOK : https://www.facebook.com/Cdanslairf5 TWITTER : https://twitter.com/cdanslair INSTAGRAM : https://www.instagram.com/cdanslair/

A South African panel recommended the country gradually implement a basic income grant, beginning with the institutionalization of a monthly welfare payment introduced last year to offset damage wrought by the coronavirus pandemic. “There is no alternative to a system of income support for income-compromised adults from the ages of 18-59 as a permanent part of the social protection framework,” Alex van den Heever, the chair of social security systems administration and management studies at the University of Witwatersrand and a member of the panel, said Monday. The panel was appointed by the Department of Social Development, the International Labour Organization and the United Nations-backed Joint Sustainable Development Goals Fund. The monthly welfare payment of 350 rand ($21.82), which was reintroduced after civil unrest in July, is set to end in March. Finance Minister Enoch Godongwana last month resisted calls by civil-society groups for increased welfare spending and for the introduction of a basic income grant -- a policy business organizations say is unaffordable. The National Treasury has said it will only set aside additional funds for social relief if state finances improve by February. While about 18 million South Africans, or a third of the population, receive welfare payments, most of those come in the form of old-age pensions and child support payments. South Africa is the world's most unequal nation, according to the Thomas Piketty-backed World Inequality Lab.

La pandemia ha incrementado la desigualdad en todo el mundo: es una de las conclusiones de un informe publicado esta semana por el World Inequality Lab, el Instituto sobre la inequidad mundial, radicado en Francia y dirigido por prestigiosos economistas como Thomas Piketty o Lucas Chancel. El estudio confirma la posición de la región latinoamericana como una de las más inequitativas del mundo.  Se trata de la más amplia investigación nunca llevada a cabo sobre las diferencias en patrimonio e ingresos entre ricos y pobres. Unas diferencias que no paran de aumentar desde hace treinta años en todo el mundo y que han empeorado con la epidemia de coronavirus, como señala la investigadora del World Inequality Lab, el Instituto sobre la inequidad mundial, Clara Martínez-Toledano:  Clara Martínez-Toledano: La pandemia de COVID-19 ha exacerbado aún más las desigualdades globales puesto que los más afectados han sido los individuos que están en las partes más bajas de la distribución de la renta y de la riqueza. Son ellos los que han perdido la mayor parte de los empleos y son ellos los que no se han beneficiado del aumento del valor de la bolsa. RFI: El informe calcula que la mitad de la población del Planeta, que es la mitad más pobre, acumula apenas un 8% de los ingresos y tan sólo un 2% de la riqueza a nivel mundial, mientras que el 10% más rico goza de un 50% de los ingresos y de un 76% de la riqueza mundial.  Clara Martínez-Toledano: Oriente Medio, África subsahariana y Latinoamérica son las regiones más desiguales del mundo. Ámérica Latina está a la cabeza en la concentración de patrimonio del mundo.En concreto, el 10% más rico de Latinoamérica concentra más de un 75% de la riqueza total de la región, mientras que el 50% más pobre apenas llega al 2%. Contrasta bastante con, por ejemplo, regiones donde las desigualdades son las más bajas, como Europa, donde el 10% más rico no llega a concentrar el 60% de patrimonio total. RFI: Los investigadores del World Inequality Lab consideran que la desigualdad no es una fatalidad, que es la consecuencia de decisiones políticas.  Clara Martínez-Toledano: Evidentemente las políticas públicas pueden reducir o aumentar las desigualdades. En los últimos años hemos visto la implementación una serie de programas de desregularización y liberización que evidentemente no benefician igual a toda la población. Hay perdedores y ganadores. La razón por la que creemos que esto es una opción política es porque, a pesar de que las desigualdades son bastante elevadas en todas las regiones del mundo, hay unas diferencias importantes entre regiones, como las que he mencionado anteriormente. Esto se puede explicar con decisiones como bajar impuestos, que evidentemente contribuyen a que estos niveles se cambien a largo del tiempo. El informe pronostica que la desigualdad seguirá aumentando a corto plazo, pero esperan que la situación mejore a medio plazo si se aumenta la inversión en el sector público y la redistribución de riqueza.  

In a virtual summit, US President Joe Biden voiced deep concern over Russia's build-up of forces near Ukraine, while his Russian counterpart Vladimir Putin demanded legally-binding security guarantees that would rule out Ukraine ever joining the NATO military alliance. Edward Fishman from the Atlantic Council's Eurasia Center in Washington explains what kind of economic sanctions the US has at its disposal to deter Russia. Also in the programme, Lucas Chancel, Codirector and Senior economist at the World Inequality Lab, explains how the world became more unequal during the Covid-19 pandemic. And the boss of a US company has fired 900 members of staff on a single Zoom call. Was this a violation of basic firing etiquette, or a quicker way to finish an unpleasant experience for all involved? We discuss that, and all our other stories, with our contributors Stefanie Yuen Thio in Singapore and Mitchell Hartman in Portland, Oregon. (Image: Vladimir Putin speaks to Joe Biden via video link. Credit: Mikhail Metzel/Getty Images)

Discussion on extreme inequality in Lebanon and the country's tax system begins at 33:00. Ben, Nizar and Timour are joined this week by Lydia Assouad, a PhD candidate at the Paris School of Economics and research fellow at the World Inequality Lab, to discuss why levels of inequality in Lebanon are so extreme and how this inequality is reflected in Lebanon's tax system. Also covered: blackouts across the country, a scandal over vaccine distrubition to MPs, the protest at Bkerki and the use of terrorism charges against Tripoli protesters. Music track: Zuhal by Elepheel, check out his other work @elepheel

If the catastrophic human toll of the ongoing COVID-19 pandemic was the first wave to strike the world this year, its severe economic consequences – including loss of livelihoods of the poor across countries, leading to massive internal displacement and starvation in many cases – have been the second wave. It is in this context that the seminal work of Professor Thomas Piketty on the phenomenon of economic inequality gains additional significance today. Here he shares his perspective on this subject, including on its relevance to India. Guest: Professor Thomas Piketty is Professor of Economics at Paris-based School of Advanced Studies in the Social Sciences and at the Paris School of Economics and Co-Director at the World Inequality Lab and World Inequality Database. Host: Narayan Lakshman, Associate Editor, The Hindu