Fixing The Crisis Of ‘Runaway Wealth’

By Bob Lord, Otherwords.org -

The next Congress faces a stunning array of challenges — on health care, gun policy, climate change, you name it. One crucial challenge starved of attention, however, is what I call runaway [...]

Canada Is Richer Than The US, According To A New Wealth Ranking — In Fact, The US Doesn’t Even Make The Top 10

By Shayanne Gal and Hilary Brueck, Businessinsider.com -

The United States is home to more millionaires than any other country in the world. But whether the country is truly the wealthiest in the world depends on how you measure. A report released by [...]

Billionaires Made More Money In 2017 Than Any Other Year In History

By Jake Johnson, Mintpressnews.com -

“The past 30 years have seen far greater wealth creation than the Gilded Age,” the UBS annual billionaires report says. During a year in which so much of the world faced deep poverty, [...]

America 2018: Even More Gilded Than America 1918

By Bob Lord, Otherwords.org -

It took 100 years, but America has returned to its unequal past. With a vengeance. The year many consider the height of the Gilded Age, when John D. Rockefeller’s wealth was at its peak, was [...]

Stop Warehousing Wealth In Charity Funds

By Chuck Collins and Helen Flannery, Inequality.org -

Over the years, the IPS Program on Inequality and the Common Good has examined the ways that extreme inequality effects philanthropy.  In 2016, IPS published the report Gilded Giving: Top Heavy [...]

Five Powerful Families

By Bob Lord, Inequality.org -

Five powerful families? Is this about the mafia? No, for these five families, it’s not la cosa nostra, “the thing of ours.” Rather, it’s la cupidigia nostra, “the greed of ours.” And it’s their [...]

Black Americans’ Median Wealth Could Disappear In One Generation

By Adam Hudson, Truthout.org -

There is a large wealth gap between white families and nonwhite families — a gap that impacts the economic stability of entire communities. According to 2016 Federal Reserve data, median wealth [...]

Coming Fiscal Derailment – Why FY 2019 Will Sink The Casino

By David Stockman, informationclearinghouse.info -

December 21, 2017 "Information Clearing House" - Since last November 8th the Russell 2000 has risen by 30% and the net Federal debt has expanded by an astounding $1.0 trillion dollars. In a [...]

Our Opportunity To Build Wealth, Economy, And Culture

By Melissa Hoover, institute.coop -

Entrepreneurship can be a powerful force for prosperity. Business ownership gives entrepreneurs the opportunity to earn more money and create jobs. But this pathway to self-made success is mostly [...]

Trouble In The Offshore Paradise

By Chuck Collins, inequality.org -

By Chuck Collins for Inequality - Just as Congress begins debate on the Republicans’ “Tax Cut and Jobs Act,” new revelations have emerged about how wealthy elites around the world hide their [...]

The Re-Emergence Of Common Wealth

By Rivera Sun, www.kosmosjournal.org -

By Rivera Sun for Kosmos Online - Historically, the rise of massive individual wealth has been accompanied by the destruction of many forms of common wealth through conquest, colonization, [...]

Stunning Truths About The Bloated Safety Net For The Wealthy

By Paul Buchheit, www.truth-out.org -

By Paul Buchheit for Buzz Flash - Housing: Start with the homes, the expensive homes, the estates. For the mortgage interest deduction alone, households earning over $100,000 in 2012 claimed 77.3 [...]

Secret Guilt, Secret Wealth

By Dariel Garner, www.popularresistance.org -

By Dariel Garner for Popular Resistance - Offshore companies and secret bank accounts not only conceal tax evasion, fraud and other illegal activities; they are also, where the wealthy hide their [...]

Wealth Belongs To All Of Us, Not Just The Rich

By Dariel Garner, www.PopularResistance.org -

By Dariel Garner for Popular Resistance. Imagine eating at a sumptuous private banquet every night that the whole society has paid for, while most people are too stressed from overwork and worry [...]

We Are So Poor Because They Are So Rich

By Dariel Garner, www.PopularResistance.org -

By Dariel Garner for Popular Resistance, For decades, the rich have made all the laws and regulations, chosen the judges and the regulators, and written the 76,000 page IRS Tax Code. [...]

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