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$70 Trillion in Inherited Wealth Shows Global 'Inequality Emergency' Spiraling Out of Control

Summary by Common Dreams
"Inequality is a crisis in need of concerted action," said Nobel Prize-winning economist Joseph Stiglitz.

5 Articles

A new study shows the world's unequal financial situation. A fair tax system is finally needed, including in Germany.

·Munich, Germany
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Lean Left

Nobel laureate Joseph Stiglitz sees the gap between the poor and the rich as a danger of the same magnitude as the climate crisis. In a report, he calls for a global body that points to dire situations at an early stage.

·Germany
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As many as 60% of respondents said they were concerned that their inherited wealth would not survive past their children's generation, highlighting the importance of planning....

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madhyamamonline.com broke the news in on Tuesday, November 4, 2025.
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