Tag Archives: income inequality
“The bottom 50 percent of households in 2019 accounted for only 1 percent of the nation’s total wealth. The top 10 percent accounted for 76 percent. And this was before the pandemic accelerated income disparity.”
The cause of rising fascism is the economic elite and its wish to take more and more of the country’s wealth for itself.
This is escape gambling. You can see it on their faces. The consequences and ethics are distasteful. It’s predatory. It’s predation on a type of escape where people are driven to exit the world.
The tension between the Trump White House and segments of the establishment, including the courts, the intelligence community and the State Department, has been misconstrued as evidence that the elites will remove Trump from power.
Standard economic ideology insists that the real problem is that wages have not fallen enough!
We will remove them from power or enter a new dark age.
Natasha Lennard | Five Years After the Brooklyn Bridge Arrests, the Occupy Wall Street Worth Remembering
Sen. Sanders has stood with the protestors at Standing Rock, and elsewhere, which recalls a different Occupy legacy worth preserving: If elected officials turned up, they stood with the group, in the group, not for the group.
Parry: There is nothing wrong with having machines do more of the drudgery and give humans more time to enjoy life. The problem comes when the benefits accrue to a tiny minority and the rest of us are forced to work harder or face declining living standards.
Beyond Outrage, Reich: What has gone wrong with our economy and our democracy, and how to fix it.
“The rich are only defeated when running for their lives,” the historian C.L.R. James noted. And until you see the rich fleeing in panic from the halls of Congress, the temples of finance, the universities, the media conglomerates, the war industry and their exclusive gated communities and private clubs, all politics in America will be […]
(We) have … been programmed into cruelty and apathy by (our) schools, churches, families, politics, and pop culture(.) Institutional racism. Rampant income inequality. A broken justice system. America may never be a great society. Torture Is Who We Are David Masciotra, AlterNet / Salon Monday, Dec 29, 2014 | It seems police can get away with […]
Excellent analysis of the state of the union by Ralph Nader. Uploaded by democracynow on Jan 25, 2012 democracynow.org – Responding to President Obama’s State of the Union address, longtime consumer advocate and former Presidential candidate Ralph Nader says Obama’s criticism of income inequality and Wall Street excess fail to live up to his record in office. “[Obama] […]
The Occupy Effect Katrina vanden Heuvel on January 26, 2012 The Nation I don’t know how Occupy Wall Street will impact the 2012 election, but one thing seems pretty clear: it’s changed the national conversation. A few short months ago, the corporate media and inside-the-Beltway chatter was all debt and deficits, all the time. […]