Tag Archives: economic inequality
One nation under plutocracy
By Jack Balkwill Source: Intrepid Report Americans are brought up believing a fairy tale in which there is somehow democracy in their governance. But the late, great, Leonard Cohen exposed the system’s dirty little secret, “Everybody knows that the dice … Continue reading
The Status of the Global Oligarchy
By Francesca de Bardin Source: Global Research The term oligarchy is derived from the Greek words meaning “rule or command by a few.” The term is generally used in the derogatory sense to describe a tyrannical system that practices oppression to ensure … Continue reading
The Value of Everything
By James Howard Kunstler Source: Kunstler.com We are looking more and more like France on the eve of its revolution in 1789. Our classes are distributed differently, but the inequity is just as sharp. America’s “aristocracy,” once based strictly on … Continue reading
America’s Rich Are Completely Losing Touch With Reality — and That’s a Really Bad Sign
By Shaun Bradley Source: AntiMedia The divide between wealthy and working class has grown wider each year since the last financial crisis, but this disconnect is about much more than just money or politics. The super-rich, in particular, have become … Continue reading
Now Just Five Men Own Almost as Much Wealth as Half the World’s Population
By Paul Buchheit Source: CommonDreams Last year it was 8 men, then down to 6, and now almost 5. While Americans fixate on Trump, the super-rich are absconding with our wealth, and the plague of inequality continues to grow. An analysis of 2016 data found that the … Continue reading
Are We (Collectively) Depressed?
By Charles Hugh Smith Source: Of Two Minds We need to encourage honesty above optimism. Once we can speak honestly, there is a foundation for optimism. Psychoanalysis teaches that one cause of depression is repressed anger. The rising tide of … Continue reading
America’s Oligarchs Will Control 70% Of National Wealth By 2021
By Whitney Webb Source: AntiMedia America’s rich just won’t quit getting richer, according to a new study released in mid-June by the Boston Consulting Group (BCG), a global management consulting firm. The study, which seeks to analyze the global wealth … Continue reading
The Crisis of US Imperial Governance and the Struggle for a New World
By Danny Haiphong Source: Black Agenda Report “Economic crisis at home and endless war abroad has placed finance and monopoly capital in political disarray.” When I was here last year, I spoke a lot about ideology and how the struggle … Continue reading
