Increasing inequality

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The United States of inequality: this timeline will help you keep track of how we got here

Post-World War II America experienced both the continuing benefits of the New Deal and the consolidation of the American labor movement. During this period the wages of the lowest- and highest-paid workers rose together, while the share of the top 10%’s income decreased–validating a growing popular belief that, in John F. Kennedy’s words, “a rising

Why income inequality is bad for the climate

In recent decades, income inequality has increased in almost all OECD countries. The average income of the richest 10% of the population today is about nine times as high as the average income of the poorest 10%. Twenty-five years ago, it was seven times as high. While overall prosperity has increased in recent decades, growth