It’s now official: workers around the world are falling behind. The International Labor Organization’s (ILO) latest Global Wage Report finds that, excluding China, real (inflation-adjusted) wages grew at an annual rate of just 1.1% in 2017, down from 1.8% in 2016. That is the slowest pace since 2008.
Archive | January, 2019
Yesterday I had a conversation about my work, about how and why I started studying inequality more than 30 years ago, what was my motivation, how it was to work on income inequality in an officially classless (and non-democratic) society, did the World Bank care about inequality etc.
The honest answer is that I was asked to write something reflecting on Trump by my then editor at Scribe. In the immediate wake of the 2016 presidential election, many people were dumbfounded by the news out of the U.S. How could such an odious figure–such a transparent bigot and fraud–win power?