Tag Archives: economic inequality

The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic

By Michael Snyder Source: Investment Watch Blog For the wealthy and the ultra-wealthy, happy days are here again.  Even though we have just been through one of the most difficult 12 months in our history, the number of billionaires has increased … Continue reading

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Jeff Bezos Embodies the Cruel Autocracy of Neoliberal Capitalism

Amazon CEO and richest-man-in-the-world Jeff Bezos wants you to work as much as he does—for one millionth of the pay By Branko Marcetic Source: In These Times “Is Jeff Bezos a horrible boss and is that good?” That was the question … Continue reading

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What’s Changed and What Hasn’t in a Tumultuous Year

By Charles Hugh Smith Source: Of Two Minds Inequality is America’s Monster Id, and we’re continuing to fuel its future rampage daily. What’s changed and what hasn’t in the past year? What hasn’t changed is easy: 1. Wealth / income inequality … Continue reading

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Is the American Dream Still Alive? (Infographic)

Source: Strategic Culture Foundation The post-WWII United States was at the peak of its soft power. One of its pillars was the American Dream. Every American could expect that his children would be better off – better off in every … Continue reading

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Lee Camp: It’s Time for Major Wealth Redistribution — Yes, I Mean It.

No need to be all apologetic about it, either, since we would just be reclaiming the trillions taken by the billionaires. By Lee Camp Source: ScheerPost.org It’s time for wealth redistribution. There, I said it. I know it’s the third … Continue reading

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What “Normal” Are We Returning To? The Depression Nobody Dares Acknowledge

By Charles Hugh Smith Source: Of Two Minds Perhaps we need an honest national dialog about declining expectations, rising inequality, social depression and the failure of the status quo. Even as the chirpy happy-talk of a return to normal floods the airwaves, … Continue reading

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The Top 10% Is Doing Just Fine, The Middle Class Is Dying on the Vine

By Charles Hugh Smith Source: Of Two Minds Please study these charts as a means of understanding the inevitability of economic stagnation and a revolt of the decapitalized middle class. I’ve been covering the decline of America’s middle class for … Continue reading

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Viral Inequality: From Jeff Bezos to the struggle of Indian Farmers

Billionaires have profited enormously from lockdown, whilst mega corporations are buying out and shutting down independent stores and farms. By Colin Todhunter Source: OffGuardian According to a new report by Oxfam, ‘The Inequality Virus’, the wealth of the world’s billionaires … Continue reading

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