Tag: income inequality
United Nations expert castigates Amazon, Walmart, DoorDash over ‘disgraceful’ labor practices
UN rapporteur challenges corporate giants on poverty wages and labor violations.
Richest 1% took 38% of new global wealth since 1995. The...
"If there is one lesson to be learnt from the global investigation, it is that inequality is always a political choice."
Can we conquer our grand dynastic family fortunes?
We most certainly can. We have history on our side.
Bill, Melinda, and the burden of grand fortune
All relationships, not just romantic couplings, tend to be twisted by wealth.
American billionaires’ net worth up $931 billion since start of COVID-19...
The total collective wealth of American billionaires is "nearly double the $2.1 trillion in total wealth held by the bottom half of the population, or 165 million Americans."
2021: Half of America facing poverty
For the great majority of Americans without a share of the stock market, and for those who can't work from home, the pandemic is adding the prospect of a financial collapse to all their other concerns.
The income inequality crisis: Why we need a wealth tax
Not only would a wealth tax raise revenue and help bring the economy back into balance, but it would also protect our democracy by reducing the influence of the super-rich on our political system.
How Trump’s war on regulation is trickle-down economics
Trump’s attack on regulation is just another form of trickle-down economics – where the gains go the top, and the risks and losses trickle down.
A sick new game from the executive suite
The corporate push to replace real pay with cheap “psychic income" is on the rise.
America’s richest 2% made more money in 2017 than the cost...
The richest 2-5%, those Americans with an average net worth of about $2.5 million, accumulated enough wealth in 2017 to pay for the safety net FOUR TIMES.
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Sierra Club sounds alarm, nominee Lee Zeldin ‘unqualified’ to head EPA
“The best-case scenario is that the EPA will lose four years in the fight for the planet. The worst-case scenario should send a shudder down your spine.”
143 million Americans may be exposed to toxic ‘forever chemicals’ in drinking water
Millions of Americans face exposure to toxic PFAS chemicals in drinking water, with new EPA data revealing the extent of contamination and fears of regulatory rollbacks under a Trump administration.
David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...
As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.
House passes bill granting Treasury power to shut down nonprofits without evidence, sparking free...
Legislation dubbed the “nonprofit killer” faces backlash over potential threats to free speech and civil liberties.
Musk and Ramaswamy’s DOGE: Mass firings, deregulation, and the erosion of federal protections
Critics argue that these plans will erode social safety nets, undermine public services, and disproportionately benefit corporate interests.