Tag: wealth inequality

“In every country that we looked at, inequality has gotten worse during the pandemic.”

“You have to be all sorts of twisted to think ‘making poor people more comfortable’ is a bad thing.”

“Major tax cuts for the rich since the 1980s have increased income inequality, with all the problems that brings, without any offsetting gains in economic performance.”

With a greater public awareness of soaring inequality within countries, it is also important to recognize the deep imbalances across the global financial system.

“The increases in billionaire wealth continue to defy gravity in the real economy where millions have lost their jobs, health, and livelihoods.”

The new politics of the poor in Joe Biden’s (and Mitch McConnell’s) U.S.A...

If wealth continues to concentrate at the top, no one will be able to contain the corrupting influence of big money on the American system and the anger it unleashes.

With over 100,000 people displaced by wildfires raging across California, Baupost Group collected more than $3 billion in July after betting on insurance claims against embattled utility company PG&E.

“This is simply too much economic and political power in the hands of twelve people.”

"Who, after all, runs America? No one runs it altogether, but in so far as any group does, the power elite."