Inequality
Some Thoughts on the Economic Development in China from a Socialist Perspective
Fri, 2012-07-20 15:57 — subhanilA blogpost on the current Chinese growth process and its implications for socialism in that country.
Wealth gap creating a social time bomb
Race behind division in US cities, says UN report
Beijing is most egalitarian place in the world
Courtesy: Guardian
Luxury mall showcases wealth gap in India
The Emporio mall, adorned with palms and scented with lavender, is the exclusive playground of India's rich, which despite the effects of the credit crisis still have plenty of cash to buy designer accessories with thousand dollar price tags.
With a phalanx of security guards keeping out the destitute and a pricey admission fee, some social observers see India's first luxury mall as a symbol of an economic apartheid that they say increasingly divides the 'haves' and 'have nots' in India.
Richest Americans See Their Income Share Grow
In a new sign of increasing inequality in the U.S., the richest 1% of Americans in 2006 garnered the highest share of the nation's adjusted gross income for two decades, and possibly the highest since 1929, according to Internal Revenue Service data.
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