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posted by Fnord666 on Sunday October 29 2017, @08:01AM   Printer-friendly
from the goose-and-the-golden-egg dept.

Wealth inequality stands at its highest since the turn of the 20th century - the so-called 'Gilded Age' - as the proportion of capital held by the world's 1,542 dollar billionaires swells yet higher. The report, undertaken by Swiss banking giant UBS and UK accounting company PwC, discusses the roles technology and globalization play in the status quo, and appears two weeks after the IMF recommended that the rich should pay more tax to address the enormous disparity.


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  • (Score: 1) by fustakrakich on Sunday October 29 2017, @05:19PM (1 child)

    by fustakrakich (6150) on Sunday October 29 2017, @05:19PM (#589126) Journal

    There is a thing called the riot index [ssrn.com].

    While autocracies and democracies show a broadly similar responses to budget cuts, countries with more constraints on the executive are less likely to see unrest after austerity measures. [emph mine]

    --
    La politica e i criminali sono la stessa cosa..
  • (Score: 0) by Anonymous Coward on Sunday October 29 2017, @06:08PM

    by Anonymous Coward on Sunday October 29 2017, @06:08PM (#589148)

    Do you have a point? If so, explain it.