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Tag Archives: income gap
What’s Wrong with the Economy: 9 Toxic Dynamics
By Charles Hugh Smith Source: Of Two Minds These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. economy. These … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Labor, Neoliberalism, Social Control, Social Engineering, society, Work
Tagged Asset Bubbles, Economic Collapse, Economic Growth, economic inequality, Economics, elites, financial crisis, Financialization, Fossil Fuels, Globalization, income gap, Labor, Over-speculation, Stock Market, technology, US Economy, wall street, Wealth Concentration, Wealth Disparity
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Assets of world’s “high net wealth” millionaires surged to $70 trillion in 2017
By Barry Grey Source: WSWS.org The concentration of the planet’s wealth in the hands of a narrow financial elite is growing by leaps and bounds. A new report published Tuesday reveals that the wealth of the world’s 18.1 million “high … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Neoliberalism, Social Control, Social Engineering, society, State Crime
Tagged 1%, Aristocracy, Capgemini, Economic Collapse, economic inequality, Economics, elites, financial crisis, financial elite, high net wealth individual, HNWI, income gap, Oligarchy, Plutocracy, Revolution, Trillionaires, wall street, Wealth Concentration, World Hunger, World Wealth Report 2018
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A 2% Financial Wealth Tax Would Provide A $12,000 Annual Stipend To Every American Household
Careful analysis reveals a number of excellent arguments for the implementation of a Universal Basic Income. By Paul Buchheit Source: Nation of Change It’s not hard to envision the benefits in work opportunities, stress reduction, child care, entrepreneurial activity, and … Continue reading
Posted in Corporate Welfare, culture, Economics, elites, Financial Crisis, Inequality, Labor, Recession, society, Sociology, Technology, Work
Tagged 1%, 99%, Arts and Sciences, big data, Big Pharma, economic inequality, Economics, elites, Entrepreneurs, financial crisis, income gap, Poverty, Progressive Tax, Stock Market, technology, UBI, unemployment, Universal Basic Income, wall street, Wealth Disparity, Wealth Tax
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“If poor people knew how rich rich people are, there would be riots in the streets”
By Staff, Anticap.wordpress.com Source: Popular Resistance Chris Rock may be right. Still, Americans are well aware that economic inequality in their country is obscene, even though they often underestimate the growing gap between the poor and the rich. But it’s … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Housing Crisis, Inequality, Recession, Social Control, Social Engineering, society, Sociology
Tagged Chris Rock, Class, economic inequality, Economics, Federal Reserve, financial crisis, Housing, income gap, Wealth Disparity, World Inequality Lab
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Time To Make Life Hard For The Rich
By Hamilton Nolan Source: Splinter It is time for polite, respectable, rational people to start saying what has become painfully obvious: It is time to stop respecting the rich, and start stealing from them. In earnest. Inequality is eating America … Continue reading
Posted in Activism, Corporate Crime, culture, Economics, elites, Hackers, Inequality, Revolution, society, State Crime
Tagged 1%, activism, capitalism, Class War, Democracy, Economic Collapse, economic crisis, economic inequality, Economics, elites, income gap, Inequality, Oligarchy, Plutocracy, Revolution, US government, wall street, Wealth Disparity
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Slaves and Bulldozers, Plutocrats and Widgets
By Kristine Mattis Source: CounterPunch There is not an industrial company on earth, not an institution of any kind – not mine, not yours, not anyone’s – that is sustainable. I stand convicted by me, myself alone, not by anyone … Continue reading
Posted in Activism, Consumerism, Corporate Crime, culture, Dystopia, Economics, Environment, Financial Crisis, Inequality, Philosophy, Social Control, Social Engineering, society, Sociology, State Crime, Technology
Tagged 1%, capitalism, civilization, corporatocracy, Earth, Ecological Collapse, Economic Collapse, economic inequality, Economics, environment, Exploitation, Global Elites, income gap, Money, Plutocracy, Profit, Success, Wealth, Wealth Disparity
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Human Anxiety in Late-Stage Capitalism
By Phil Rockstroh Source: Consortium News A number of recent press articles, including an over 8,000-word feature piece in The New York Times have asked, to quote the Times’ headline, “Why Are More American Teenagers Than Ever Suffering From Severe Anxiety?” … Continue reading
Posted in Authoritarianism, conditioning, consciousness, culture, Economics, Financial Crisis, Philosophy, Psychology, Social Control, Social Engineering, society, Sociology, Spirituality
Tagged Angst, Anxiety, capitalism, Conformity, Donald Trump, economic inequality, Economics, fear, Homelessness, income gap, Insanity, Panic, Philosophy, society, Wealth Disparity, Wealth Inequity
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This Chart Defines the 21st Century Economy
By Charles Hugh Smith Source: Of Two Minds There is nothing inevitable about such vast, fast-rising income-wealth inequality; it is the only possible output of our financial and pay-to-play political system. One chart defines the 21st century economy and thus … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, Financial Crisis, Inequality, Neoliberalism, Recession, Social Control, society, State Crime
Tagged Corporate Globalization, Economic Collapse, economic inequality, Economics, Federal Reserve, financial crisis, Financial System, Financialization, income gap, Political System, US government, Wealth Concentration
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