inequality

  • Whoever wins the Indian election will be courting Mamata Banerjee, whose Trinamool Congress has dominated politics in West Bengal and could be the third largest party in parliament.
  • Videos and messages on recovered phones bear witness to the sinking of the Sewol ferry off the coast of South Korea.
  • Charles Pierce at Esquire rages at the act of barbarism committed in Oklahoma when Clayton Lockett was executed.
  • China’s skewed demographics has contributed to social instability and could pose security risks.
  • Does high inequality foster culture or should a broader group of people be given freedom from the immediate demands of the marketplace?

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The fragile middle
Decades of rapid growth have created a new middle class in the developing world, prompting multinational companies to invest heavily in emerging markets as they attempt to serve millions of new consumers. But rising inequality and slowing growth has presented a risk to this new middle class and is forcing companies to rethink their strategy. In this week’s podcast, Ferdinando Giugliano is joined by Shawn Donnan, world trade editor and James Kynge, emerging markets editor to discuss this nascent middle class and its prospects in the face of slowing growth

One of the big themes at the World Economic Forum in Davos is income inequality and whether growth favours the few rather than majority. Senior columnist Gillian Tett contrasts how the middle classes are being affected by the improving global economy.