[ad_1] On the surface, these systems appear to be functioning as they should. Elections are being held, and voters are casting their ballots for leaders and parties they believe will represent their interests. But too often, they end up electing politicians who serve only their own interests rather than those of their constituents. While gullibility…
[ad_1] India’s billionaire count has climbed to 334, according to the Hurun India Rich List for 2024, as the country takes an inlcreasingly central role in the wealth being created globally. India is notching up one new dollar billionaire at an average of every five days. In contrast, China’s billionaire count witnessed a 25% fall,…
[ad_1] Unsurprisingly, this includes India and China. A recent paper by Thomas Piketty and his co-authors shows that the income share of the top 1% in India has risen to its highest level since 1922, the earliest data that they have, when the country was still under British colonial rule. At the same time, global…
