Articles & Blogs, Category = Inequality & justice

Category: Inequality & justice

How the Baby Boomers Stole the Millenials’ Economic Future

“In The Theft of a Decade: How the Baby Boomers Stole the Millennials’ Economic Future, Joseph C. Sternberg argues that the predicament facing Millennials today – including job precarity and difficulties entering the housing market – is not of their own doing, but rather the outcome of poor policy decisions taken by the Baby Boomer generation that have only been exacerbated by the 2008 financial crisis. Sternberg weaves a compelling and rich tapestry of historical context, political decision-making and economic examples to explain the Millennial experience and to appeal to the Baby Boomer generation to recognise the consequences of their mistakes, writes Sumaiya Rahman.”

Winners Take All

“It’s no secret that the biggest gains in the growing global economy are reaped by the extremely wealthy. And from philanthropy to tech initiatives, plenty of the world’s billionaires claim to have solutions to combat the escalating inequality. But while members of the winning class might believe their own arguments, the US writer Anand Giridharadas says they’re a naive fantasy: regardless of good intentions, those with power cannot elevate others unless they also give up something. In this animated excerpt from a lecture at the Royal Society of Arts in London, Giridharadas explains why, even if so-called ‘win-win solutions’ might sometimes apply in commerce and trade, they don’t make society more equal.”

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