Report exposes vast wealth gap, but fails to challenge the concentrated power of capital
The latest World Inequality Report 2026 reveals the stark cleavage between rich and poor in the world – a division that is getting wider to the extreme. Based on data compiled by 200 researchers organised by the World Inequality Lab, the report finds that fewer than 60,000 people – 0.001% of the world’s population – control three times as much wealth as the entire bottom half of humanity.
Chart Source: Author’s own illustration, based on long-term OECD analysis.
Sept. 30, 2025
Within a historically short period, capitalist society has generated enormous wealth but also caused profound ecological degradation and threats to survival. Yet the capitalist market economy is incapable of resolving the problems it has created or of securing a liveable environment.
We need a mass movement to ensure a just transition and prevent climate breakdown. But such contestations can go very wrong.
The people in power are not acting on climate breakdown. Which presents us, those not in power, with three options. We change the actions of those in power, we change the people in power or we change the nature of power itself.
Website editor: Important and very interesting article.
Dec.20, 2022
Seemingly miraculous varieties that can withstand drought, flood, and saltwater intrusion are the result of centuries of selective breeding by ancient farmers.
Until as recently as 1970, India was a land with more than 100,000 distinct varieties of rice. Across a diversity of landscapes, soils, and climates, native rice varieties, also called “landraces,” were cultivated by local farmers. And these varieties sprouted rice diversity in hue, aroma, texture, and taste.
Ecosocialism in the age of climate change needs to stop being a niche, an abstract ideological program, and turn into a concrete, practical, non-dogmatic plan for the future.
We need to make some serious changes in the ecosocialist project.
It’s good that we have the idea of ecosocialism. Because the words stand for a basic idea that ecology and socialism go together. Linked, they are the hope of the world.
Website Editor: A great summary of Canada's fossil fuels situation and politics in this article.
Nov. 22, 2022
Canada wants to be the last country producing fossil fuels, even if it kills us
COP27 is over. The UN summit took one big step forward on climate justice with the creation of a loss and damage fund for the most impacted nations, while taking two enormous steps backwards by failing to call for a phaseout of all fossil fuels.
