Tag: wealth distribution
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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The renewable energy transition is failing
Renewable energy isn’t replacing fossil fuel energy—it’s adding to it.
Let’s rename the day after Thanksgiving ‘extinction Friday’
The annual Black Friday ode to commercialism and overconsumption sits at the core of our ongoing destruction of Earth’s ecosystems.
Biden administration announces largest direct federal investment in transmission and distribution infrastructure
The announcement to dedicate $13 billion in grants to improve transmission and distribution systems will "improve energy resiliency through microgrids, local renewable energy, and energy storage.”
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The stunning, marvelous and redemptive triumph of unintended consequences
What if unintended consequences lead not only to breakthrough positives but destructive means and machinery by which humanity can do itself in?