Inequity, iniquity amid rising income inequality


Acute income and economic inequality, the negative phenomenon spawned by neoliberal economics, continues to widen worldwide. Wealth gets concentrated, in scandalous scale, in the hands of the few super-rich, depriving billions of the poor all over the world sufficient means to survive.

World Bank-International Monetary Fund designed policies/programs pursued by governments to achieve “sustainable and inclusive growth” have failed to stop, much less reverse the trend.

Meanwhile, the old problems of social inequity and iniquity continue to burden the people in practically every country – whether “developed,” “developing,” or “underdeveloped.”Let’s look at some instances on the continuing inequity and iniquity in […]