Good morning! Today, new studies show Brazil has made little progress in narrowing its vast inequality gap. Palm oil production not as ‘green’ as once promised. Good news and bad for Bolsonaro in recent polls.
Extreme levels of inequality continue to define Brazil
The World Inequality Report 2022 — written by economists Lucas Chancel, Thomas Piketty, Emmanuel Saez, and Gabriel Zucman — shows that wealth inequality continues to be a defining feature of Brazilian society.
- In Brazil, the bottom 50 percent earns 29 times less than the top 10 percent. As a comparison, that same ratio is 7 in...