Featured image for “Get ready for the new trillionaire class: whose wealth will be built not on merit but inheritance, monopoly – and the legacy of colonialism”

Get ready for the new trillionaire class: whose wealth will be built not on merit but inheritance, monopoly – and the legacy of colonialism

January 20, 2025
The world looks set to see five trillionaires by the end of the decade — and more billionaires are now being created through inheritance than entrepreneurialism. Anjela Taneja and Harry Bignell introduce Oxfam’s 2025 Davos report, which reveals the scale of unearned wealth — and how those riches are built on a colonial legacy of exploitative global systems.
Read more >>

Putting the history back into economics: good new book from the FT’s Alan Beattie

June 3, 2009
‘False Economy: A Surprising Economic History of the World’, by Alan Beattie, the world trade editor at the Financial Times is published tomorrow in the UK and is already doing well in the US. It explores the historical backstory to current economic debates on trade, corruption, the ‘curse of wealth’ in oil and mineral producing nations, the rise of Russia, China
Read more >>