According to a recent article in The New York Times, Boston ranked third highest on the list of cities with growing income inequality, behind San Francisco and New York.
The article notes that the top 1% of households captured 90% of the income gained since the recent recession. The gap between the haves and the have-nots is the widest it’s been in 30 years. People, it quotes one source as saying, can't afford to live a decent life. Cities including Atlanta, Boston, San Francisco and Los Angeles are also considering proposals to tackle inequality such as bolstering programs for public education, transportation, affordable housing and wages.
But what more can be done to advance the fight against rising inequality? TSNE MissionWorks’s Inclusion Initiative recently launched a new grant program aimed at eradicating poverty in our communities. The program provides funding to cross-sector, community-led networks in communities of color in Massachusetts and Rhode Island. While many cite changes in technology and globalization as root causes of income inequality, the Inclusion Initiative funds networks that seek a deeper analysis of why people are poor and the institutional and systemic oppression in communities of color that have historically perpetuated poverty.