"Commentators from all sides of politics have expressed concerns about the effect of inequality on the fabric of society in the United States, where the share of wealth held by the richest 1 percent rose from a quarter to two-fifths between 1990 and 2012. But if you think that’s bad, look what’s happened to the world as a whole: in just the decade after 2000, the richest 1 percent of the world’s population increased its wealth from one-third of everything to a half. The top three and a half dozen people now own as much as the bottom three and a half billion. How is democracy possible with that kind of gulf in wealth and power between citizens?"
Columbia President ( Katrina Armstrong) Is Replaced as Trump Threatens University’s Funding. Key Points. NYTimes
Key Points & Further Details on Columbia University Leadership Change 1. Presidential Change at Columbia University Katrina Armstrong stepped down as interim president of Columbia University. Claire Shipman , a journalist and Columbia alumna, was named acting president . Armstrong’s departure marks Columbia’s third leadership change since August 2024. 2. Trigger for Leadership Change The Trump administration threatened to withhold $400 million in federal funding from Columbia. This funding is roughly 20% of the university’s operating revenue . The university ultimately complied with government demands , causing internal and external backlash . 3. Government Demands & Columbia’s Compliance Columbia agreed to: Employ 36 campus safety officers with arrest powers . Adopt a formal definition of antisemitism . Review admissions policies . Increase oversight of its Middle Eastern, South Asian, and African Studies Department . These changes sparked faculty and...
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