Tax The Ultrarich To Solve Poverty? Easier Said Than Done
Oxfam has issued its annual report on the gap between the wealthy and the poor — and offered a solution.
Wealth
New 'Billions' Season: The Show About Power And Money You Should Be Watching
It seems like the definition of 1 percenters' problems dressed up as a TV series. But compelling characters and the subtext make it a must-watch.
Black, Latino Two-Parent Families Have Half The Wealth Of White Single Parents
New data illustrate how deeply entrenched the racial wealth gap is. The reasons traverse the historical and deliberate exclusion of people of color from economic institutions and government programs.
How Rich Candidates Try To Appeal To Working Voters
In an election year characterized by populist energy over economic concerns like jobs and trade, the gap between the wealth of both major party candidates and typical voters is striking.
How Therapy Became A Hobby Of The Wealthy, Out Of Reach For Those In Need
Therapists are in such demand they can bypass insurance companies, so the wealthy are more likely to get treated. A historian explains how this came to be the norm in the U.S. health care system.
'You Couldn't Make This Stuff Up': Inside The Lives Of The 'China Rich'
Kevin Kwan's novel China Rich Girlfriend is inspired by real, young Asian billionaires who live in the lap of luxury, spending fortunes on outfits and sports cars. "It's all ripe for parody," he says.
Capitalism Is Making China Richer, But Not Democratic
The U.S. thought trade and investment would eventually make China more democratic. In fact, it's had the opposite effect: creating a rich, authoritarian leadership class that remains repressive.