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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GOP tucks $10 billion for voting restrictions into party-line Pentagon funding bill
The measure advanced on a near party-line vote just before lawmakers left Washington for a lengthy summer recess.
Kept in the dark: How Louisiana weakened community air monitoring as industry pushed back
That stretch of roughly 85 miles, widely known as "Cancer Alley," is home to dozens of refineries and chemical plants and to many predominantly Black communities.
Israel and the United States are merging their military. Here’s why.
"From aid to partnership," the U.S. and Israel are set to become even more united in genocide.
How technology is rewriting the way we write
As keyboards and touchscreens replace pens and pencils, the decline of handwriting raises questions about cognition, culture, and creativity.
EPA moves to reclassify Clean Air Act waivers
The Agency claimed that "California’s standards could impose costs on ports, shipping and supply chains," but Environmental groups and California regulators dispute that interpretation.