Wednesday, June 10, 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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Study finds AI data centers could consume as much water as basic needs of...

The study highlighted that evaluating AI solely by carbon emissions overlooks devastating localized impacts on water and land systems.

10 reasons to resist AI

To counter Big Tech’s narrative of AI inevitability, movements are beginning to resist on many fronts where this dangerous tech is being deployed.

Deviant Donald, self-destructive dictator

As explosive prices erase tax relief,/ Must one be rich to afford ground beef?

An Indian billionaire was targeted by Trump. Then he poured money into a startup...

An obscure Texas firm secretly connected to the president’s son said it received at least $100 million from Mukesh Ambani’s Reliance Industries. At the same time, the Ambani family secured major policy wins from the Trump administration.

Children are dying as sanctions tighten and fears of military escalation grow in Cuba

UN human rights chief says U.S. restrictions are driving medicine shortages, food insecurity, and prolonged blackouts while lawmakers warn of a possible new conflict in the Caribbean.