Tag: wealth distribution

From Swiss bank researchers, an alarming update on our global maldistribution of wealth

"Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion."

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?

Climate disruption is inextricably linked to economic inequality. Serious climate solutions must be, too.

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 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.