Monday, December 23, 2024

Tag: wealth distribution

$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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Rahm Emanuel is right on core party changes, but for progressives misses the big...

“The bullies don’t stop hitting you because you’re nice to them. They stop hitting you when you knock them out.”

Elon Musk endorses Germany’s far-right Neo-Nazi party amid Sanders’ warning of authoritarian oligarchy

Amid criticism from Bernie Sanders for undermining democracy, Elon Musk endorses Germany’s Alternative for Germany party, known for its neo-Nazi ties and extremist platform.

Political economy contradictions as we lurch into 2025

Multiple, intense, and persistent contradictions within both parties suggest that some underlying, historic shifts may be underway.

U.S. corn growers celebrate trade panel ruling against Mexico’s GMO corn ban

Trade panel rules Mexico violated USMCA by banning GMO corn, securing a major victory for U.S. corn growers while intensifying debates over trade, health, and sovereignty.

Teamsters launch largest strike against Amazon in US history to demand fair wages and...

Amazon workers launch historic nationwide strike, demanding better wages, safer conditions, and union recognition from the $2 trillion corporation.