Protests Against Greed and Inequality Are Spreading Like Wildfire Through Latin America

Historic protests are taking place across Latin America as people take to the streets to voice their displeasure at the IMF, government corruption, and the spread of fascism.

Alan Macleod
بواسطة Alan Macleod
Latin America Protests Feature photo

With attention fixed on this week’s events in Bolivia, you would be excused for not realizing that much of the rest of the region has for weeks also been ablaze in the flames of protest. In Costa Rica, the neoliberal coalition government of Carlos Alverado attempted to force through a $1.75 billion loan from the International Monetary Fund (IMF)

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Fed Study on Household Wealth Reveals Troubling Trends in American Inequality

America’s rich are getting even richer and the poor even poorer, with millionaires and billionaires now holding an unprecedented 79% of all household wealth.

Alan Macleod
بواسطة Alan Macleod
inequality study feature photo

Millionaires and billionaires hold a remarkable 79.2 percent of the United States’ household wealth. That is according to a newly released triennial study into consumer and household finances from the Federal Reserve. The report paints a picture of an unequal America, where a small minority of the rich control the vast majority of household wealth.

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Top 1% Responsible for Double the Carbon Emissions of Bottom Half: Oxfam

If the wealthiest ten percent of society continue to live as they do, the world’s entire carbon budget will be blown by 2033, even if all other emissions drop to zero.

Alan Macleod
بواسطة Alan Macleod
CO2 emissions feature photo

A new report published today by international charity Oxfam lays bare the massive disparities in carbon dioxide emissions between the world’s wealthy elite and the rest of society. Titled “Confronting Carbon Inequality,” the study found that over the previous 25 years, the globe’s richest one percent are responsible for 15 percent of all carbon

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“A Disturbing Milestone”: America’s Top 12 Plutocrats Now Own $1 Trillion in Wealth

New figures from the Institute for Policy Studies show that, despite a pandemic that has stunted the economy for months, America’s billionaire class is becoming richer than ever, adding nearly $700 billion to their fortune since the nationwide lockdown in March.

Alan Macleod
بواسطة Alan Macleod

For the first time in history, the 12 richest individuals in the United States collectively hold over $1 trillion in wealth. New figures from the Program on Inequality and the Common Good at the Institute for Policy Studies (IPS) show that, despite a pandemic that has stunted the economy for months, America’s billionaire class is becoming richer

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Wealthy San Franciscans Raising Money to Block Homeless Shelter is Latest Example of Rich Disintegrating Society

The irony of wealthy Silicon Valley employees trying to block a local homeless shelter, as CBS notes, is that homelessness is on the rise in the Bay Area in no small part owing to Silicon Valley itself.

Alan Macleod
بواسطة Alan Macleod
Homeless | San Francisco

SAN FRANCISCO -- Residents of San Francisco’s South Beach are organizing to stop a homeless shelter in their affluent neighborhood, having crowdfunded tens of thousands of dollars in a matter of days to fight their legal battle with authorities. A 2.3-acre vacant lot in the shadow of the Bay Bridge has been identified as a prime spot to add 200

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The Dow of Inequality: Counting the Casualties of America’s Class War

The neoliberal approach to handling a dire economic downturn may soon produce a political crisis, reminiscent of the debt crisis that led to Hitler’s rise 80 years ago. The political class seems to be taking note: the stark inequality reflected in the soaring stock market and shrinking paychecks is unsustainable.

Jon Jeter
بواسطة Jon Jeter
Banksy Class War Inequality

NEW YORK -- The revelation that the Dow Jones industrial average and the Standard and Poor's stock index closed at historic highs this past Thursday afternoon reminded me of an early autumn afternoon a dozen years ago in a glorious San Francisco apartment high in the sky. The apartment, perched atop a rise in the city’s Russian Hill

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