Wednesday, August 12, 2026

Tag: wealth distribution

Sanders proposes 50% public stake in leading AI companies

New legislation would create a sovereign wealth fund funded through equity transfers from major artificial intelligence firms, aiming to distribute AI-generated wealth beyond Silicon Valley investors.

$8.5 trillion untaxed: The urgent call for a billionaire income tax

Recent analysis reveals that America's wealthiest hold $8.5 trillion in untaxed assets, spotlighting the critical need for tax reform to address growing wealth inequality.

New stats, old story: Our rich are raking

From Swiss bank researchers, an alarming update on our global maldistribution of wealth

From the 80s to today, the top 1 percent gain trillions,...

"Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion."

Spreading wealth to maintain consumption

What will happen if robots, AI, and automation displace a huge percentage of workers. How will there be enough consumers to buy all the goods and services produced if there is a big drop in earnings?

To Stop Climate Change, Don’t Just Cut Carbon. Redistribute Wealth.

Climate disruption is inextricably linked to economic inequality. Serious climate solutions must be, too.

A Middle-Class Tax Revolt? You Bet!!!

Welfare in the U.S. flows vertically in two directions from a single source—the middle-class. The redistribution of wealth that flows up to the rich is far greater and more concentrated than the wealth that flows down to the poor. This is a major problem.

The ‘iEverything’ and the Redistributional Imperative

The newest business model using new technologies isn't just labor-replacing, it's knowledge-replacing. As the ratio of producers to customers continues to plummet, the profits go to an ever-smaller circle of executives and owner-investors.

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FCC faces backlash over push to lift media ownership limits amid threats to local...

Press freedom and civil liberties groups warn that loosening media consolidation rules would further erode independent news, local coverage, and democratic accountability.

The dark side of ecotourism: When green travel exploits people and the planet

As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.
The E. Barrett Prettyman United States Courthouse in Washington, home of the U.S. District Court for the District of Columbia, where Judge Amit Mehta issued the order. Photo: AgnosticPreachersKid (public domain, via Wikimedia Commons)

Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...

The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.
The west front of the U.S. Capitol. The Protected Time Off Act, pending in Congress, would guarantee full-time workers two weeks of paid annual leave. Photo: Architect of the Capitol (public domain, via Wikimedia Commons)

US workers average 10 paid vacation days a year, and 33 million get none

Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.