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Tag Archives: Wealth Gap
Now Just Five Men Own Almost as Much Wealth as Half the World’s Population
By Paul Buchheit Source: CommonDreams Last year it was 8 men, then down to 6, and now almost 5. While Americans fixate on Trump, the super-rich are absconding with our wealth, and the plague of inequality continues to grow. An analysis of 2016 data found that the … Continue reading
Posted in Corporate Crime, Corruption, culture, Economics, Financial Crisis, Neoliberalism, NGOs, Recession, Social Engineering, society, Sociology, Technology
Tagged Amazon, Berkshire Hathaway, Big Agra, Bill Gates, Billionaires, Biotech, Charitable Foundations, economic inequality, Economics, Education, Facebook, financial crisis, Global Elites, income gap, Jeff Bezos, Mark Zuckerberg, Meritocracy, Microsoft, NGOs, Oligarchy, Philanthropy, Plutocracy, Taxes, Warren Buffett, Wealth, Wealth Disparity, Wealth Gap
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Luddism and Economic Ideology
Source: the HipCrime Vocab Smithsonian Magazine has a very good feature on the Luddites, well worth a read. There are many elements you just don’t read in many economic histories; for example, the 40-hour work week was not brought down … Continue reading
Posted in conditioning, Corporate Crime, culture, Economics, Financial Crisis, History, Labor, media, Neoliberalism, propaganda, Revolution, Social Control, Social Engineering, society, Sociology, State Crime, Technology, Work
Tagged 40 Hour Work Week, 5 Day Workweek, Adam Smith, automation, capitalism, Chris Dillow, economic inequality, Economics, Economism, James Kwak, Kirkpatrick Sale, Labor, London, Luddism, Luddites, Neoclassical Economics, Rebels Against the Future, Revolution, Robots, technology, Wealth Gap, Wealth of Nations, Work
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Disposable Americans: The Numbers are Growing
By Paul Buchheit Source: Information Clearing House As often noted in the passionate writings of Henry Giroux, poor Americans are becoming increasingly ‘disposable’ in our winner-take-all society. After 35 years of wealth distribution to the super-rich, inequality has forced much … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, Financial Crisis, Health, Labor, Racism, Recession, Social Control, society, State Crime, Work
Tagged Blackstone, Debt, economic inequality, financial crisis, HealthcareSystem, Housing Market, Income Disparity, Institutionalized Racism, Middle Class, Real Estate, recession, Rent, Social Security, Wealth Gap
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Brexit Is What Happens When the Pie Is Shrinking
By Charles Hugh Smith Source: Of Two Minds This process of withdrawal into the relative safety of internally cohesive groups and group identities is intrinsically messy in globalized, multicultural societies. A great many narratives are drifting around the Brexit pool: … Continue reading
Posted in Corporate Crime, culture, divide and conquer, Economics, Financial Crisis, Geopolitics, History, Neoliberalism, Recession, Social Control, society, State Crime
Tagged Bankers, Brexit, Class War, Corporate Globalization, Crony Capitalism, economic inequality, EU, European Union, financial crisis, Identity Politics, Neoliberalism, Technocrats, Wealth Gap
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A Universal Basic Income Is The Bipartisan Solution To Poverty We’ve Been Waiting For
What if the government simply paid everyone enough so that no one was poor? It’s an insane idea that’s gaining an unlikely alliance of supporters. By Ben Schiller Source: FastCoexist.com There’s a simple way to end poverty: the government … Continue reading
Posted in culture, Economics, Financial Crisis, History, Labor, Philosophy, Recession, society, Sociology, Technology, Work
Tagged automation, Basic Income, Bureaucracy, Conservatives, Income Inequality, Liberals, Libertarians, Poverty, Precariat, Robots, technology, Universal Basic Income, Wealth Gap, Wealth Redistribution, Welfare, Workfare
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The 1 Percent’s Houses Are Getting Bigger and Swankier While Average Americans Struggle To Make Rent
For a view of the inefficiencies of the free market, there’s no clearer view than the U.S. housing market, where there are as many as 29 empty homes for every homeless person. By Bob Larson Source: In These Times Today’s … Continue reading
Posted in culture, Economics, Financial Crisis, Recession, Social Control, society, Sociology
Tagged 1%, 99%, Global Elites, Homelessness, Housing, Income Inequality, Luxury, Poverty, Wealth Disparity, Wealth Gap
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The Rise of “Criminal Capitalism”
By James Petras Source: Dissident Voice About 75% of US employees work 40 hours or longer, the second longest among all OECD countries, exceeded only by Poland and tied with South Korea. In contrast, only 10% of Danish workers, 15% … Continue reading
Posted in Activism, Corporate Crime, Corruption, culture, Economics, Financial Crisis, History, Law, Social Control, society
Tagged activism, Bail-Outs, Big Banks, Corporate Crime, corporatocracy, Criminal Capitalism, Crony Capitalism, Deregulation, Dissident Voice, Economic Disparity, Income Inequality, LIBOR, Oligarchy, Plutocracy, Rent Seeking, Wealth Gap
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Billionaire Fears The Poor RIsing Up Against The Rich
By Stephen D. Foster Jr. Source: Popular Resistance A billionaire finally had a epiphany and told all his wealthy friends about it. Johann Rupert is the filthy rich owner of Richemont, a luxury goods company that serves as parent company … Continue reading
Posted in Activism, civil disobedience, Corporate Crime, Corruption, culture, Economics, Financial Crisis, Recession, Revolution, society
Tagged 1%, 99%, Economic Collapse, Economic Disparity, Global Poverty, Income Inequality, Mass Poverty, recession, Revolution, Social Unrest, Uprising, Wealth Gap
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