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Quick Reads about Class & Inequality
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The Guardian
21 min read

Globalisation: The Rise And Fall Of An Idea That Swept The World

The annual January gathering of the World Economic Forum in Davos is usually a placid affair: a place for well-heeled participants to exchange notes on global business opportunities, or powder conditions on the local ski slopes, while cradling champagne and canapes. This January, the ultra-rich and the sparkling wine returned, but by all reports the mood was one of anxiety, defensiveness and self-reproach. The future of economic globalisation, for which the Davos men and women see themselves as caretakers, had been shaken by a series of political earthquakes. “Globalisation” can mean many th
6 min read

How Small Inequities Lead To Big Inequalities

Compared to white Americans, African-Americans earn about 25 percent less and are twice as likely to develop dementia. Compared to American men who work full time, the average American woman who works full time earns only 80 percent as much; for Latina women that number is 54 percent. These statistics merely hint at the widespread inequalities in American today; inequalities based on race, sex, and ethnicity, among others. How do these inequalities arise and persist? Disparities across social groups are typically explained by appeal to a mix of structural factors (such as access to high-qualit
1 min read

Natural Disasters May Widen Income Gap, Report Says

Natural disasters in the United States may cause an increase in poverty and a widening economic gap between rich and poor, according to a new study published in Scientific American. The magazine looks at events in the United States from 1920 to 2010 and finds that major natural disasters such as earthquakes, floods and hurricanes resulted on average in a 1-percentage-point increase in poverty in affected areas. The trend also shows that wealthier residents with the resources to move away from the disasters do so, while they leave behind "a population that is disproportionately poor," the magaz
Alex P., Scribd Editor
From the Editors

Understanding America…

Packer’s award-winning work on the economic anxieties of Americans has reached cult-like status since Donald Trump’s unexpected election. Those hoping to understand an electorate hungry for change will find much to consider in this excellent work of political journalism.