Tag: wealth

What it means to be an heir in the U.S., and a few big ideas on how to use the largest intergenerational wealth transfer ever.

We just have to hope Americans have learned about the greed and deception of that arena full of super-rich.

Why is it so hard for people with wealth and power to admit all this?

Just as progressives deliberately pushed public policies to create the middle class, so are today's economic royalists deliberately pushing plutocratic policies to destroy it.

In the U.S., where wealth inequality is extreme and getting worse, the richest .01 percent are wealth-obese.

The foundation of an economy is money. And if the creation, value and availability of that money are controlled by few elites instead of a free market then it doesn’t matter how complex and a giant system we build.

Activists today are exploring encouraging pathways to a New Economy that sustains both our planet and greater equality.

The gap between the super-rich and the poor is greater than even a year ago.

Did anyone believe a crass, greedy business tycoon, forever living on "other people's money," would not find a way to move from budget self-financing to accepting the big money modern elections require? Without tens or hundreds of millions eventually, Trump won't survive the big primaries against well-heeled, personally-insulted foes. And who expects Trump, a rich hypocrite (on so many other issues), to spend his cash when easy money is so available? Easier just to change the con artist's ploy about never being open to rank bribery.

Karl Marx understood that the idea of capitalism would work only in the utopian mind of a true believer, but never in reality. And as predicted, wealth is now concentrated in the hands of a tiny elite—Marx was right all along.