Sunday, February 16, 2020

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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Sander’s monumental mistake: failing to explain exactly what a democratic socialist government is

It’s time that Sanders speaks out, explains what democratic socialism is and reminds Americans that it is a central part of this country, and that’s why he espouses that political ideology.

‘There needs to be accountability,’ says Ocasio-Cortez as documents show DNC involvement with Iowa...

"If this reporting is correct, then there needs to be accountability at the DNC."

Can the world’s second superpower rise from the ashes of twenty years of war?

The peace movement’s small victories demonstrate that we have more power to challenge U.S. militarism than most Americans realize.

Citizen Mike: The Bloomberg campaign is a threat to the Democratic Party’s 2020 chances

If the 2020 U.S. presidential election does become the ‘battle of billionaires’, the real losers will be the country’s working people.
Photo by United Steelworkers (USW).

How 1.3 million Americans risk losing their pensions

Pensions aren’t perks or “extras.” Workers earned these benefits, and they rely on that money being there during their golden years.