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Inequality — The Reality in Two Push Alerts

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World Inequality Report 2018: Great Data, Bright Analysis, Perturbing Reality

The World Inequality Lab led by Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Facundo Alvaredo and Lucas Chancel released today the first of its kind World Inequality Report 2018. The Report aims to...

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Being the 1%, or What It Means to Be Entitled

by Rachel Sherman*  Most contemporary research on economic inequality focuses on the causes, contours, and consequences of unequal distributions of resources. But how they do such distributions become...

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Stephen Hawking: Technology drives ever-increasing inequality

On 6 October 2015, a great theoretical physicist Stephen Hawking conducted a special Reddit “Ask Me Anything” session. Out of the thousands of submitted issues, Hawking selected those he wished to...

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Income Inequality is Detrimental to Political and Civil Equality

“Money provides power and power provides freedom”, asserted C. Wright Mills in his masterpiece The Power Elite sixty years ago (1956: 162). In shadow of recent several decades of globalization and...

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Human Being in the ATM called New York

Newsstand, 7th Ave & 28th St intersection, Manhattan, New York City, USA (photo courtesy of Professor Darren Rosenblum)  *** Join Economic Sociology and Political Economy community via Facebook /...

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Elite Men and Inequality in the Hedge Fund Industry

by Megan Tobias Neely* “I’m sorry, but so and so’s brother needed to get hired. Shit happens,” Karen recounted, with resignation, a time her boss denied her a promotion. Karen is a white woman who...

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Democratizing Finance: Reducing Inequalities of Income, Wealth and Power

Politics & Society has just published a thought-provoking special issue titled “Democratizing Finance”. This interesting collection of papers resulted from a workshop organized in July 2018 by the...

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The Long Divorce Between the Economy and Financial Markets

by Ken-Hou Lin and Megan Tobias Neely* As the coronavirus spread around the world, the global economy entered a recession unprecedented in scale. The World Bank predicts a 5.2 percent economic...

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Building a Predistributive Democracy on the Ruins of Market Justice

Five years ago I wrote: “A spectre is haunting the US, parts of Europe and the world — the spectre of Fascism and Authoritarian Neoliberalism, veiled as “defensive democracy” and “common-sense...

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Reframing Financialization: Bringing Class Struggle Back In

by Yair Kaldor* The growing size and importance of financial markets, institutions, and activities—often labeled as “financialization”—is one of the key economic developments of recent decades. The...

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Charles Darwin on the atrocity of slavery and the origin of inequality

In 1836, a twenty-seven years old Charles Darwin, came back from a five-year, extraordinary survey expedition around the world. In 1839, he published a book that was later given a title The Voyage of...

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All they think about is money…

Fred Wright was a cartoonist for the United Electrical Workers of America (UE), from 1949 until 1984. Wright’s cartoons reflected the daily routines experienced by the working men and women: layoffs,...

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Economic Memories and Sense-making of the Profound Institutional Change

by Till Hilmar* My recent book Deserved reconstructs people’s experiences with, and memories of, disruptive economic change. It foregrounds the voices of individuals who endured the “shock therapy” of...

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10 Economic Sociology books for students and the general public

I am proud of the Economic Sociology and Political Economy community blog and social media becoming a source of knowledge and learning, in various forms, for students at all levels. It is also...

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