The Changing World Economy

Understanding how the world economy works will be the key to forming a just and sustainable future.

rural scene in Kenya

The Future of Not Working

Annie Lowrey, New York Times

As automation reduces the need for human labor, some Silicon Valley executives think
a universal income will be the answer — and the beta test is happening in Kenya.

8 Men Own the Same Wealth as Half the World

An Economy for the 99%, OXFAM International

According to a January 2017 OXFAM report, new and better data on the distribution of global wealth indicates that the poorest half of the world has less wealth than had been previously thought. Just 8 of the world’s wealthiest men now own as much wealth as the bottom half of the world’s population—some 3.6 billion people. Had this new data been available last year, it would have shown that nine billionaires owned the same wealth as the poorest half of the planet, and not 62, as Oxfam calculated at the time. “The very design of our economies and the principles of our economics have taken us to this extreme, unsustainable and unjust point. Our economy must stop excessively rewarding those at the top and start working for all people. Accountable and visionary governments, businesses that work in the interests of workers and producers, a valued environment, women’s rights and a strong system of fair taxation, are central to this more human economy.”

Our Broken Economy, in One Simple Chart

David Leonhard, New York Times

Three leading economists provide a dramatic look at the skyrocketing income growth of the 0.01% very rich vs. all other Americans over the past 34 years.

Nurse examining a mans foot

Good News, Despite What You’ve Heard

Nicholas Kristof, New York Times

Cheer up: Despite the gloom, the world truly is becoming a better place. Indeed, 2017 is likely to be the best year in the history of humanity.

Further Reading

Pin It on Pinterest

Share This