Friday, July 1, 2022

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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Naomi Klein: The US is in the midst of a ‘shock-and-awe judicial coup’

"The rolling judicial coup coming from this court is by no means over," warned the author of "The Shock Doctrine."

Divided we fail: A way forward for a divided progressive left?

Those that attempt to divide the progressive left into opposing camps at war with each other are almost as big a threat to the movement as the far right.

NATO and a war foretold

While the world determines how to hold Russia accountable for the horrors it is committing in Ukraine, the members of NATO should do some honest self-reflection.

4 myths about raising the minimum wage

We’re the richest country in the world, home to the richest people on the planet. We can, and we must, treat our workers with the dignity and respect they deserve.

“Where will the nuclear waste go?”

So, what should be done about nuclear waste?