Wealth inequality Archives - Solidarity (Ireland)

Oxfam’s ‘Profiting From Pain’ report: The best times” for billionaires

By James Fleming The coronavirus pandemic has been among “the best times in recorded history for the billionaire class”, according to Oxfam in their Profiting From Pain report. While increasing numbers of working class and poor people have been sacrificing meals, warmth,

May 31, 2022

Oxfam report: Grotesque inequality exacerbated by pandemic

By Leon Fitzpatrick The latest Oxfam report forecasts good news and bad news for the world’s population as Covid-19 continues its rampage. Great news for the 10 richest men in the world who have seen their combined wealth increase by half a

Jan 27, 2021

Covid-19 Pandemic

Billionaires profit from a pandemic!

By Haritha Olaganathan US billionaires saw their collective wealth increase by $282 billion in the first twenty-three days of lockdown. Facebook’s CEO Mark Zuckerberg is the biggest financial reaper, as shares in the social media company have surged by almost 60% over

Jun 5, 2020

Covid-19 Pandemic

Why Covid-19 is not the “great leveller”

By Robert Cosgrave The horrific Covid-19 crisis has graphically exposed the multiple inequalities and forms of oppression that lie at the heart of capitalism. Working-class people find themselves out of work and down on income. For those workers deemed essential, the same

Apr 28, 2020

A creature of capitalism: Why you should march against Trump

By Monika Janas The pathetic toadies in government will be rolling out the red carpet the billionaire bigot , “Grabber-in-chief”, US President, Donald Trump in November. There are many reasons why we should hit the streets when Trump arrives. He has shamelessly

Sep 8, 2018

World News

The failed “American dream”- Support rising for socialism in The US

The following article is from the Summer issue of Socialist Alternative, the magazine of the Socialist Party. Decades of neo-liberalism, years of costly foreign wars and a financial bust have created unprecedented levels of social inequality in the world’s dominant capitalist nation.

Oct 4, 2016

Theory & History

Capitalism: A failing system

A new book, The Rise and Fall of American Growth, analyses the downward course of the US economy – and the limits of the whole capitalist system. From the boom years to today’s slow growth and stagnant wages, the obscene wealth at

May 17, 2016

World News

Panama Papers & tax havens: Super-rich hoard wealth

By Manus Lenihan Just 62 capitalists own as much wealth as the poorest 50% of the human race. Between $21 and $32 trillion is in tax havens around the world. The Panama Papers reveal that 140 political leaders were clients of Mossack

May 11, 2016

Wealth inequality