Tag Archives: Wealth Disparity

1% Politics and the New Gilded Age

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Posted in Corporate Crime, Corruption, culture, Dirty Politics, Dystopia, Economics, elites, Financial Crisis, Inequality, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, State Crime | Tagged , , , , , , , , , , , , , , , | 2 Comments

Prices, plutocrats, and corporate concentration

Would less corporate concentration – and a weaker corporate capacity to raise prices – mean less inequality? By Sam Pizzigati Source: Nation of Change Andrew Leigh, a member of the Australian parliament, has a side gig. He just happens to … Continue reading

Posted in Corporate Crime, corporate news, culture, Economics, elites, Financial Crisis, Inequality, Labor, Law, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, Work | Tagged , , , , , , , , , , , , , , , | Leave a comment

Wealth of 400 richest Americans hits record $2.9 trillion

By Alec Anderson Source: WSWS.org On Wednesday, the US finance magazine Forbes released its annual “Forbes 400” list of wealthiest Americans, revealing an immense increase in wealth among the top social stratum in the United States. The total net worth … Continue reading

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The Richest Sociopath in the World

By John Rachel Source: Dissident Voice Obviously the above pie chart is a put-on. It is well-documented that working conditions for most employees of Amazon are  abysmal, dehumanizing, bordering on abuse we normally associate with slavery. Moreover, the median employee’s salary under Jeff Bezos’ imperial … Continue reading

Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Labor, Neoliberalism, Revolution, Social Control, Social Engineering, society | Tagged , , , , , , , , , , , , | 2 Comments

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

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Why America is the World’s First Poor Rich Country

Or, How American Collapse is Made of a New Kind of Poverty By Umair Haque Source: Eudaimonia Consider the following statistics. The average American can’t scrape together $500 for an emergency. A third of Americans can’t afford food, shelter, and healthcare. … Continue reading

Posted in Corporate Crime, culture, Dystopia, Economics, elites, Financial Crisis, Housing Crisis, Inequality, Labor, Neoliberalism, Social Control, Social Engineering, society, Sociology, State Crime, Work | Tagged , , , , , , , , , , , | 1 Comment

Big Pay Gaps Are Bad for Business

Would you do your best work for a CEO who pulls in 5,000 times your own salary? By Sarah Anderson Source: Other Words Mattel is one of the largest toy-making companies on earth. Turns out it’s one of the biggest … Continue reading

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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 , , , , , , , , , , , , , , , , , , , , | 7 Comments