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South Africa Has The Highest Concentration Of Wealth In The Hands...

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AFRICANGLOBE - Although South Africa is known for its extreme income inequality, the degree of wealth inequality is even greater. New tax and survey data suggest that 10% of the population own at least 90% to 95% of all assets, although they earn “only” about 55% to 60% of all income.

81% Of American Households Experienced ‘Flat’ Or ‘Falling’ Incomes – Research

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AFRICANGLOBE - A staggering 81 percent of US households saw “flat” or “falling” incomes over the past decade, suggesting that the country's younger generation may end up poorer than their parents. Other advanced economies also showed distressing figures.

Why Income Inequality Is Going To Get Catastrophically Worse

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In the next decade, something must give. Either Americans must accept that the American dream of widespread mobility is dead or new policies must emerge that will restore broadly shared prosperity.” But the cards have already been dealt — and the verdict is in. Not only will the American dream remain dead, but also income and wealth and risk inequality will escalate by virtue of the government-supported consolidation of banking family and firm power.

America’s New Servant Class

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AFRICANGLOBE - A recent study conducted by Wetherell, revealed that there are more servants working in the tony Mayfair section of London than there were 200 years ago. The most recent uptick, however, is more about income inequality. The servant class has been growing over the last few decades for several reasons.

Black Women Hit Hardest By Income Inequality

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AFRICANGLOBE - Income inequality has hit Black women the hardest. Their 2013 median income was $25,000, and for the past year their unemployment rate has oscillated between 11 and 12 percent. As much as many in the right wing cry reverse racism to the point of delusion, institutionalized racism limits the economic opportunities available to African-American women.

New Study Details Growth of Income Inequality Across U.S.

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AFRICANGLOBE - A new study by the Center on Budget and Policy Priorities details the explosive growth in income inequality throughout the United States...

Massive Growth of Segregation by Income Among Blacks

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Over the past 40 years, income inequality and housing segregation within the Black community has bee far more pronounced than in white America.
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