Tag: wealth inequality
Labor Day 2020: The power shift
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.
‘What stage of capitalism is this?’ Hedge fund $3 billion richer...
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.
‘Disturbing milestone’: Just 12 US billionaires now own more than $1...
“This is simply too much economic and political power in the hands of twelve people.”
The power elite has always run Amerika
"Who, after all, runs America? No one runs it altogether, but in so far as any group does, the power elite."
Noam Chomsky: Trump is using pandemic to enrich billionaires as millions...
“They’re just running wild.”
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.
Four numbers that show America’s disdain for its most vulnerable people
Now, with a quarter of the population facing economic collapse, the need for a guaranteed income is magnified to a level last seen in the Great Depression.
Will the left leverage today’s stock surge/unemployment gap shocker?
Fat cats play the system like hungry lions stalking prey. The progressive challenge is to educate more voters how our predatory system helps the rich get richer.