Tag Archives: Wealth Gap

The Coming War on Wealth and the Wealthy

By Charles Hugh Smith Source: Of Two Minds Here’s looking at you, Federal Reserve–thanks for perfecting ‘legalized looting’ and neofeudalism in America. The problem with pushing a pendulum to its maximum extreme on one end is that it will swing … Continue reading

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Our Frustrations Run Far Deeper Than Covid Lockdowns

By Charles Hugh Smith Source: Of Two Minds The reality is the roulette wheel is rigged and only chumps believe it’s a fair game. It’s easy to lay America’s visible frustrations at the feet of Covid lockdowns or political polarization, … Continue reading

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‘$2.5 TRILLION THEFT’ – STUDY SHOWS RICHEST 1% OF AMERICANS HAVE TAKEN $50 TRILLION FROM BOTTOM 90% IN RECENT DECADES

  The median U.S. worker salary would be around twice as high today if wages kept pace with economic output since World War II, new research revealed. By Brett Wilkins Source: Common Dreams New research published Monday found that the top … Continue reading

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Saturday Matinee: The One Percent

This 80-minute documentary focuses on the growing “wealth gap” in America, as seen through the eyes of filmmaker Jamie Johnson, a 27-year-old heir to the Johnson & Johnson pharmaceutical fortune. Johnson, who cut his film teeth at NYU and made … Continue reading

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GIVE AMERICA’S ‘HELICOPTER PARENTS’ A BREAK

Hovering parents don’t need lectures. They need a more equal nation. By Sam Pizzigati Source: OtherWords A good many of us aging baby boomers are having trouble relating to the “helicopter parents” of our modern age — those moms and pops … Continue reading

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The Erosion of the Middle Class — Why Americans Are Working Harder and Earning Less

By John Liberty Source: The Mind Unleashed “I don’t have to tell you things are bad. Everybody knows things are bad. It’s a depression. Everybody’s out of work or scared of losing their job. The dollar buys a nickel’s worth, … Continue reading

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

The Rule of the Uber-Rich Means Tyranny or Revolution

By Chris Hedges Source: TruthDig At the age of 10 I was sent as a scholarship student to a boarding school for the uber-rich in Massachusetts. I lived among the wealthiest Americans for the next eight years. I listened to … Continue reading

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The USA Is Now a 3rd World Nation

By Charles Hugh Smith Source: Of Two Minds I know it hurts, but the reality is painfully obvious: the USA is now a 3rd World nation. Dividing the Earth’s nations into 1st, 2nd and 3rd world has fallen out of favor; apparently it … Continue reading

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