The world’s richest 62 people now control as much wealth as the poorest 3.5 billion. Let that sink in—it’s a key finding from a report (PDF) out Monday by Oxfam showing the shocking extent of inequality in the world today. The pattern …Continue reading
Technology and Inequality
The signs of the gap—really, a chasm—between the poor and the super-rich are hard to miss in Silicon Valley. On a bustling morning in downtown Palo Alto, the center of today’s technology boom, apparently homeless people and their meager belongings occupy almost …Continue reading