Between 1989 and 2018 top one percent of Americans gained $21 trillion in wealth since 1989 while the bottom 50 percent lost $900 billion. People’s … Top 1% Gained $21 TrillionRead more
Inequality
Posted inInequality / News / USA Empire
Wealth Gap in America is growing
The median Black family today owns $3,600 — just 2 percent of the $147,000 of wealth the median white family owns. At the extreme top, … Wealth Gap in America is growingRead more
Posted inEconomics / Inequality / Politics
Whats wrong with the Basic Universal Income
Richard D. Wolff
Posted inEconomics / Inequality / News
Tax the rich
The top 0.1 percent owns a greater share of the nation’s wealth than the bottom 90 percent combined. The richest dynastic families in the United … Tax the richRead more
Posted inEconomics / Inequality / ToMl
Reality Is Starting to Creep Into the Billionaire Oasis of Davos
At this time of year, about 2,000 private jets fly into Zurich airport and to various smaller Swiss airports (including the Dübendorf military airbase). Hundreds … Reality Is Starting to Creep Into the Billionaire Oasis of DavosRead more
Posted inChildren / Economics / Inequality / ToMl
The Inequality to Be Suffered by Our Children
The fortunate ones will not be suffering. In the past eight years, the richest 5% of Americans have increased their wealth by $30 trillion — … The Inequality to Be Suffered by Our ChildrenRead more
Posted inEconomics / Inequality / ToMl
The Inequality Gap on a Planet Growing More Extreme
As we head into 2019, leaving the chaos of this year behind, a major question remains unanswered when it comes to the state of Main … The Inequality Gap on a Planet Growing More ExtremeRead more
Posted inEconomics / Inequality / Politics / ToMl
The struggle for food sovereignty in the age of austerity in Greece
Austerity measures led to increased rural poverty and food insecurity in Greece and violated her people’s human right to food. How did this happen and … The struggle for food sovereignty in the age of austerity in GreeceRead more
Posted inFinancial crisis / Inequality / News
Inequality Widened During Post-Recession Period
New figures show inequality has sharply widened in the two-year recovery following the period known as the Great Recession. According to the Pew Research Center, … Inequality Widened During Post-Recession PeriodRead more