#inequality #equalitytrust
https://equalitytrust.org.uk/blog/next-general-election-could-be-won-eradicating-inequality

My spouse worked for a short-term rental company, an #AirBNB competitor, and wow did I hear an earful from them about the kinds of chaos these places can cause. One factor driving away the individual homeowner posting their extra 'crash space' online vs. the massive conglomerates is how little help the companies offer when something goes wrong (i.e. a renter sets off fireworks in your house while you're renting it out). Giant property owners can eat those kinds of losses and don't have sentimental attachment to their homes.

Excellent reporting here by Eva Ruth Moravec for @TexasObserver: https://www.texasobserver.org/short-term-rentals-airbnb-vrbo-neighborhoods/

#news #Texas #housing #inequality #cities

Eurostat: ‘In 2022, 9.3% of the EU population declared that they were not able to keep their home adequately warm. Compared with 2021, this share increased by 2.4 percentage points (pp).’ The Netherlands: 5.3 %.

Terrible. High percentages, even in affluent countries

https://ec.europa.eu/eurostat/web/products-eurostat-news/w/ddn-20230911-1
#energy #inequality #poverty #eu #politics #law #economics

https://www.filmlance.se/en/produktion/taelgia-2/ #inequality in #Sweden. We’ve seen it in #YoungRoyals. Now Taelgia is out, featuring a.o. Nurbo Bozan, whom we know via #OmarRudberg in the #yrtwt bubble. As we need many more stories like these to start believing that #poverty, #inequality and #exclusion are a much bigger problem in so-called rich and democratic societies than we wish.

Intergenerational #inequality has always been evident (as one would expect; people accrue assets as they get older), but its getting worse.... for the rich this can be reduced by transfers & inheritance, but for the rest #pensioner poverty beckons....

This is just one more example of how the UK is a society run by the rich, for the rich, with scant regard of the social costs or misery such #class driven politics produces.

#classwar

https://www.theguardian.com/society/2023/sep/10/pensioner-poverty-fear-of-uk-rise-over-decades-as-under-40s-wealth-falls

"""
Inequality, corruption, risky asset bubbles, moral decadence, and other problems are interconnected crises that all stem from China’s crony capitalism. (...) Common prosperity should be understood as a shorthand for Xi’s attempts to rescue China from its Gilded Age. (...) Of course, Xi cannot openly admit that his country faces problems similar to those that have shaped the United States, its capitalist rival.
"""

https://www.foreignaffairs.com/articles/china/2021-12-08/decoding-xi-jinping

#china #inequality #capitalism

Here's an occasional post on my Substack, outHouse...

If you want a good night's sleep, better make sure you're white, male, and affluent says a recent study into the effects of deprivation on people's ability to nod off.

https://outhousemag.substack.com/p/no-sleep-please-were-british-and

#society #inequality #health #wellbeing #deprivation

Some useful inequalities:

1. Cauchy–Schwarz inequality

\[\displaystyle\sum_{k=1}^na_kb_k\leq\sqrt{\sum_{k=1}^na_k^2}\sqrt{\sum_{k=1}^nb_k^2\]

2. Hölder's inequality

\[\displaystyle\sum_{k=1}^n\left|a_kb_k\right|\leq\left(\sum_{k=1}^n|a_k|^p\right)^{1/p}\left(\sum_{k=1}^n|b_k|^q\right)^{1/q}\]

3. Minkowski's inequality

\[\displaystyle\left(\sum_{k=1}^n\left|a_k+b_k\right|^p\right)^{1/p}\leq\left(\sum_{k=1}^n|a_k|^p\right)^{1/p}+\left(\sum_{k=1}^n|b_k|^p\right)^{1/p}\]

4. Hardy's inequality

\[\displaystyle\sum_{k=1}^\infty\left(\dfrac{a_1+a_2+\cdots+a_k}{k}\right)^p\leq\left(\dfrac{p}{p-1}\right)^p\sum_{k=1}^\infty a_k^p\]

#Inequality #Cauchy #Schwarz #Hölder #Minkowski #Hardy #Maths #Mathstodon #Mastodon #Mathematics

When central banks (CB) attack the demand side of inflation, they should employ at least some tactics that target upper incomes or wealth. After all, those targets are most responsible for demand-side inflation:
https://hachyderm.io/@jrefior/110701318560000924

Plus we have extreme #inequality.

There are probably many ways to do this, and they start with congress/parliament. My idea was to set a base wealth tax, and empower the CB raise the rate when inflation is high.
--
#inflation #economics #fed #MonetaryPolicy

NEW PODCAST EPISODE!

It was fantastic speaking with Rebel Bodies author and journalist Sarah Graham on the gender, LGBTQIA and race health gap.

#books #bookstodon #inequality #equality #health #Healthcare #lgbt #LGBTQIA #gender #racism

Listen to the episode: https://tinyurl.com/ywstr5s6

Watch the interview: https://tinyurl.com/2s6ccftb

As Martha Gill points out, a call for a Minister for Men, misunderstands the prejudice & problems men *do* encounter: its not about gender (for them), its about #racism & as importantly, #class!

Don' be thinking UK's #politics is somehow post-class... wherever I look I still see the shadow of class-based discrimination, but its become the prejudice that cannot be talked about in 'polite society'.

So lets be clear: much of the UK's #inequality is a class issue!

https://www.theguardian.com/commentisfree/2023/sep/09/we-dont-need-a-minister-for-men-we-need-guys-to-fill-female-roles

@Monika_UK @RichardShaw

Its another bit of classic middle-class #political bias - with a reasonable occupational #pension to add to the state one (although this is a declining situation & another aspect of the #pensions crisis), then the two together can often be (for a couple especially) pretty comfortable.

If you want to see this demographic's market power - look at Saga cruises & the range of services trying to capture the 'grey pound'.

But its one more aspect of UK's #inequality problem!

Readinng John Higgs’ Love and Let Die which examines England and Englishness through the prism of The Beatles and James Bond.

I’m about a quarter through and it’s excellent.

Higgs refers to the “England” of the wealthy as the Norman Continuity Empire and describes it as “a cuckoo placed in the nest of physical England, claiming an outsized share of resources”.

#England #Englishness #TheBeatles #JamesBond #inequality

The #Monopoly experiment on #inequality was conducted in 2006, 10 years before the archetype of entitled cheating power-grabber #Trump got elected. The experiment shows how winners of a rigged game lose empathy & start believing in their own merit. The media extensively covered this experiment at the time; yet the #USA still blasted through, producing more egotistic maniacs like #ElonMusk. #Psy #nudges of #community #compassion do change this dynamic: this work is URGENT🚨 https://www.youtube.com/watch?v=bJ8Kq1wucsk&list=PLOGi5-fAu8bGgZFDYGhQ6uywa5GNeA2RT

Right on. That’s right, go to the #RealWorld to stop unprecedented #inequality and greed, not to mention yachts and tax deductible private jets destroying the planet https://ow.ly/gCch50PJvA1

Happy #Newstodon Friday, a day to celebrate the best #journalism in the #fediverse!

“This isn’t just a question of us getting out of some individual ticket. The law itself has to be overturned.”

Today, let's revisit Michelle Pitcher's story on the legal fight against an unjust (and maybe, unconstitutional?) law that bans feeding people in certain places in #Houston. https://www.texasobserver.org/houston-food-not-bombs-trial/

#inequality #unhoused #homeless #poverty #Texas #politics #CriminalJustice #police #law #USpol #news

What does a world where the incomes of the poor and middle class are artificially reduced to inflate the income of the rich result in?

Real life James Bond movie villains

#ElonMusk #inequality #ukraine #starlink

World leaders don't want to see the poor, but they are mistaken if they think living in ivory towers will protect them from the effects of growing #inequality , #poverty & the #ClimateEmergency
#G20
#India
#Delhi

https://www.theguardian.com/world/2023/sep/08/ashamed-of-our-presence-delhi-glosses-over-plight-of-poor-as-it-rolls-out-g20-red-carpet

UK social mobility at its worst in over 50 years, report finds https://www.theguardian.com/society/2023/sep/07/social-mobility-uk-worst-50-years-report-finds #uk #ukpolitics #tories #inequality #socialmobility

Calls to tax the superrich grow as economic inequality surges..#world..#inequality https://www.msn.com/en-us/money/markets/calls-to-tax-the-superrich-grow-as-economic-inequality-surges/ar-AA1gg35S?cvid=f3e5b38701af4871c8362b96cb7d1fe2&ocid=winp2fptaskbarmouseenter&ei=5