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UNEQUAL WEALTH DISTRIBUTION
Quote of the day by Karl Marx: "One day there will be trillionaires, but you will still have nothing." — What did Marx reveal about wealth inequality, capitalism, and the future of money? A wealth quote that offers powerful lessons on building lasting prosperity beyond moneyQuote of the day by Karl Marx reveals a deeper truth about wealth inequality, capitalism, and society. His warning about future trillionair...- Quote of the day by American philosopher and professor Noam Chomsky: “There are no poor countries— only systems that have failed to manage resources.” — Is poverty really man-made? The hidden truth behind broken economic systems, wealth concentration, and growing inequality continues fueling global frustration and social instabilityQuote of the day by Noam Chomsky: The quote challenges the common belief that poverty is unavoidable. It argues that broken economic system...
- Jewish Proverb of the Day: “If the rich could hire other people to die for them, the poor could make a wonderful living” — A harsh truth about social inequality and lessons on survival, wealth, power imbalance and why privilege often shifts risk onto the vulnerableJewish proverb of the day highlights a traditional saying that reflects the deep imbalance between wealth, power, and human vulnerability i...
- Trump’s new tax plan could be a $3.1 trillion gift to the 10 richest Americans, including Elon MuskA Republican-backed bill, the "One Big Beautiful Bill Act," proposes extending 2017 tax cuts, potentially delivering $3.1 trillion in tax b...
- 'Modi's steadfast adherence to lies': Congress slams PM Modi over his inheritance tax barbThe Congress refuted Prime Minister Narendra Modi's claims that former PM Rajiv Gandhi abolished inheritance tax to safeguard his family's ...
- India's richest 1% has highest concentration of wealth in decades, study showsIndia's wealth inequality is at a six-decade high with the top 1% owning 40.1% of wealth. Foreign investments led to a surge in billionaire...
- Modi govt's wrong policies broke backbone of businesses, listen to people and change policies: Rahul to PM"Contribution of India's small businesses...40 per cent employment, 27 per cent GDP, 45 per cent export. The wrong policies of the governme...
- Poll promises of freebies, subsidies affect economy, says Union Minister DanveUnion Minister Raosaheb Danve on Saturday slammed some political parties for making promises during elections about offering freebies and s...
- Inequality rises in WestInequality is not a new phenomenon but, in recent years, it has reemerged as a social and political flash point in advanced economies and b...
- Most capitalist Budget, inequality rising in India more rapidly than elsewhere: ChidambaramHe claimed the BJP was going to elections, scheduled in five states, not with their performance or with the promises and assurances to the ...
- India among the most unequal countries with an affluent elite: ReportWhile the bottom half of the population in India earns Rs 53,610, the top 10% earns twenty times more at Rs 11,66,520. While the top 10% an...
- India’s rich list and prevailing inequalityAs per the Hurun report, as of July 2018, India has 831 people with a wealth of Rs 1,000 crore or more.
- Latest inequality data reveals rising top income shares in China, USThe new online data sets, released at the American Economic Association Annual Conference last week, use national accounts, survey data, fi...
- India second unequal country in the world: Wealth ReportNoting that Switzerland remained as the wealthiest country in the world, per capita, the report said that overall wealth inequality was a m...
- Richie Rich club: Millionaires control 54% of total wealth in IndiaThe figure is worse in Russia, where 62 per cent of the total wealth is controlled by the millionaires.
- Set up independent banks for poor, says Grameen Bank founder Muhammed YunusMuhammed Yunus called for establishment of independent banks for the poor and underprivileged, as part of empowering women's SHGs in drough...
- Parthasarathi Shome welcomes deferment of GAAR in Budget 2015Shome also highlighted that India was still among the poor emerging nations wherein there was unequal distribution of wealth.
- Supreme Court allows release of Prakash Jha's Chakravyuh with song featuring Tata, BataSC allowed Prakash Jha to release his film "Chakravyuh" featuring a controversial song that mentions Tata, Birla and Bata on a special cond...
- A few filthy rich own half the world: studyThe richest two per cent of adults in the world own more than half of global household wealth.
- CII wants retail quota raised to Rs 10 lakhCII wants the cap on the application amount for retail investors in IPOs to be raised from Rs 1 lakh to Rs 10 lakh.
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