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Tag Archives: Wealth Gap
The Fourth Turn, Turn, Turn
By Charles Hugh Smith Source: Of Two Minds The cycles of The Fourth Turning, Fischer and Turchin are all in alignment at this point in history.. The 1997 book The Fourth Turning: An American Prophecy proposed a cyclical pattern of four 20-year … Continue reading
Posted in Consumerism, Corporate Crime, culture, Dystopia, Economics, elites, Energy, Environment, Financial Crisis, History, Inequality, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy
Tagged Ages of Discord, Consumerism, David Hackett Fischer, Degrowth, Economic Collapse, Economics, Energy, environment, financial crisis, Income Inequality, Industry, Neil Howe, Oligarchy, Peter Turchin, technology, The Fourth Turnind, The Great Wave: Price Revolutions and the Rhythm of History, transition economy, Wealth Gap, William Strauss
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The Long Cycles Have All Turned: Look Out Below
By Charles Hugh Smith Source: Of Two Minds Long cycles operate at such a glacial pace they’re easily dismissed as either figments of fevered imagination or this time it’s different. But since Nature and human nature remain stubbornly grounded by the same … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Labor, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime, Work
Tagged Capital, economic bubbles, Economic Collapse, economic inequality, Economics, elites, financial crisis, hubris, Inflation, Interest Rates, Labor, Late Stage Capitalism, Oligarchy, overspeculation, social disorder, social order, Wealth Gap
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Is Inflation “Transitory”? Here’s Your Simple Test
By Charles Hugh Smith Source: Of Two Minds Is inflation “transitory” in your household budget? Really? Where? The Federal Reserve has been bleating that inflation is “transitory”–but what about the real world that we live in, as opposed to the … Continue reading
Posted in culture, Economics, elites, Financial Crisis, Housing Crisis, Inequality, Neoliberalism, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology
Tagged Economic Collapse, economic inequality, Economics, Federal Reserve, financial crisis, Inflation, Oligarchy, Wealth Concentration, Wealth Gap
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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
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Labor, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, Work
Tagged Billionaires, Covid-19, Economic Collapse, economic depression, economic inequality, Economics, elites, financial crisis, food prices, Oligarchy, Pandemic, Plutocracy, unemployment, wall street, Wealth Gap, Wealthy Class
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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
Posted in civil disobedience, Corporate Crime, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Oligarchy, Revolution, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Economic Collapse, Economics, elites, Federal Reserve, financial crisis, financializzation, Income Inequality, legalized looting, Neofeudalism, Oligarchy, Social Unrest, Wealth Gap
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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
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Inequality, Law, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime, Technocracy
Tagged central banks, coronavirus, corporate cronies, Covid-19, culture, Economics, elites, Federal Reserve, financial crisis, Frederic Bastiat, Inequality, Injustice, lockdown, Oligarchy, Plutocracy, Precariats, society, systemic unfairness, Wealth Gap
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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
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Financial Crisis, Labor, Neoliberalism, news, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime
Tagged Amazon, Americans for Tax Fairness, Billionaires, Economic Collapse, Economics, elites, Fair Work Center, financial crisis, food insecurity, Income Inequality, Jeff Bezos, Oligarchy, Poverty, Wealth Gap
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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
Desultory Heroics 