2026-01-16 20:40:01
"At the root of all our problems stands one travesty: politicians’ surrender to the super-rich" https://www.theguardian.com/commentisfree/2026/jan/16/super-rich-inequality-politicians-extreme-wealth?CMP=Share_AndroidApp_Other
"At the root of all our problems stands one travesty: politicians’ surrender to the super-rich" https://www.theguardian.com/commentisfree/2026/jan/16/super-rich-inequality-politicians-extreme-wealth?CMP=Share_AndroidApp_Other
AI-Led Growth Conceals an Economy Built on Debt and Inequality https://jacobin.com/2026/01/artificial-intelligence-economy-debt-inequality/
In 1920, Charles Garland,
the wealthy heir to a banking fortune, made newspaper headlines for doing the unthinkable:
he declined to accept an inheritance of more than a million dollars from his late father’s estate.
Garland was disillusioned by the era’s gross #inequality
— the top 10 percent of American income earners took in half the country’s annual national income.
Garl…
A new PhD programme “migration, time and urban inequalities” run by seven European universities (including @…) has 15 fully funded PhD positions open: https://www.migrationtime.eu…
The Guardian view on the inequality emergency: why a Nobel prize winner's warning must be heeded (The Guardian)
https://www.theguardian.com/commentisfree/2025/nov/30/the-guardian-view-on-the-inequality-emergency-why-a-nobel-prize-winners-warning-must-be-heeded
http://www.memeorandum.com/251130/p57#a251130p57
Richest 0.001% Now Own Three Times More Wealth Than Poorest Half of Humanity Combined | Common Dreams
https://www.commondreams.org/news/world-in
When the working class organizes on the basis of solidarity and direct action, workers and communities can collectively manage and control the means of production, while federations of workers and local communities coordinate production and social life through mutual aid and federalist principles, without bosses or the state.
In an era marked by automation, precarity, and deepening inequality, the struggle for workers’ self-management, economic democracy, and social liberation remains …
🤑 Seeing rich people increases support for wealth redistribution, study finds
#inequality
I wrote a bit about grief. Not for a person but the world that was.
(Original title: The World That Was)
https://tante.cc/2026/02/06/the-world-that-was/
"In 1990, 943 million people [in China] lived on less than $3 a day measured in 2021 dollars – 83% of the population, according to the World Bank. By 2019, the number was brought down to zero. Unfortunately, the United States was not as successful. More than 4 million Americans – 1.25% of the population – must make ends meet with less than $3 a day, more than three times as many as 35 years ago."
China has brought millions out of poverty.
The US has not – by choice
https://www.theguardian.com/us-news/2025/nov/23/china-us-poverty-income-inequality?CMP=Share_iOSApp_Other
Researching inequality – Northampton and the Welfare State https://edintone.com/northampton_1913-24/ Two studies of Northampton in 1913 and 1924 give us a detailed view of working-class life
How AI automation can fulfill Thomas Piketty's predictions on rising economic inequality, and why highly progressive taxes on capital can help slow the spiral (Philosopher Count)
https://philiptrammell.substack.com/p/capital-in-the-22nd-century
"The relationship between power, poverty, inequality, and lack of political participation is mirrored in the damage to the natural world. They cannot be divorced from each other."
—Yale School of the Environment professor Gerald Torres ’77 J.D. writing in the new issue of Reflections https://
The Laffer Curve is and has always been BS. It exists solely to justify increasing inequality.
https://youtu.be/lrO9VpQCXZU
Remainder terms and sharp quantitative stability for a nonlocal Sobolev inequality on the Heisenberg group
Wenjing Chen, Zexi Wang
https://arxiv.org/abs/2602.08375 https://
From The Tyee
BC Green Leader Emily Lowan says the party needs to work ‘on building power’
BC Green Leader Emily Lowan says the party needs to work ‘on building power with working people, renters and young people across BC and focusing in on this message of wealth, inequality and driving forward long-term solutions.’
Photo via BC Greens.
Despite much opinion to the contrary, the government money we use is crappy.
I'm at bitfest in Manchester to find out if Bitcoin could be a better money.
It could hardly be worse.
The mood is still good, people are joking about recent devaluation rather than crying. Those who aren't all in are trying to buy more at the discount.
After an introduction by Mad Bitcoins, Joe Bryan explains the problem with government money.
He imagines an island on which two types of money are tried, with a dividing wall between them.
When economic problems hit, government can just print more money on the fiat side. Everyone now using money which is worth less. Distorting prices, inflating asset prices, making the rich (who hold assets) richer and the poor (who have to pay inflated prices) poorer. Driving wealth inequality.
On the hard money side, government must tax properly. Take in more from the rich rather than inflating to take it from the poor. Reducing wealth inequality.
On the government money side, the wealthy monitize houses, stocks, resources. Saving in money is impossible, its inflated away. So they save in assets and hording resources. Capital is misallocated. The youth can't afford houses. Poverty traps are caused. The only way out is printing more for benefits. Making it all worse. More economic crises, more printing. More government debt.
Eventually, the wall is broken. Government money people can save in the hard money instead. It reduces the value of government money further. More printing. More inflation.
Eventually, war. Funded by printed money.
The dollar is the best of a bad bunch all other government money is falling in value even faster.
I wonder, is bitcoin really this better money though? It's limited, hard, and can't be printed without energy investment.
I'm still unsure that fixing money fixes the world.
--
Note: "crypto" is mostly more like government money than bitcoin. It can be printed indefinitely by it's makers, does not cost it's makers to print. Crypto is usually just a scam people to get more bitcoin. Bitcoin is not crypto.
#bitfest #bitcoin
Billionaires are richer than ever, says Oxfam
https://www.cnbc.com/2026/01/19/billionaires-richer-than-ever-oxfam-inequality-report.html
Did California lose Larry Page?
The Google and Alphabet cofounder, who left day-to-day operations in 2019,
has seen his net worth soar in the years since
—from around $50 billion at the time of his departure to somewhere approximating $260 billion today.
(Leaving his job clearly didn’t hurt his wallet.)
Last year, a proposed ballot initiative in California threatened billionaires like Page with a one-time 5 percent wealth tax
—prompting some of them to con…
The #MathReviews math review of my latest joint paper 🐘 in analysis has appeared! 📙
link for subscribers=
https://mathscinet.ams.org/mathscinet/article?mr=4929931
Sweden has had a stated goal of economic equality for 20 yrs, but the income gap between men and women remains the same. Capital is the blind spot. Women own less, save less and therefore benefit from significantly lower capital returns than men.
Additionally, capital is taxed less than wages which further reinforces the inequality. As long as Sweden's rules put more resistance in women's paths than in men's, capital, power and security will primarily benefit men.
Fro…
Cancel billionaires
https://mastodon.social/@jmcrookston/115635779318419465
A timely (timeless really) and needed corrective to the #GrowthDogma that was present in almost every commentary on yesterday's #Budget2025, from @…
Why…
Researching inequality – Northampton and the Welfare State https://edintone.com/northampton_1913-24/ Two studies of Northampton in 1913 and 1924 give us a detailed view of working-class life. @…
The exit economy is here. Black Women are paying the highest price (Fortune)
https://fortune.com/2025/11/22/the-exit-economy-black-women-labor-force-participation-inequality/
http://www.memeorandum.com/251123/p36#a251123p36
Polymarket and other bet-on-anything sites are very bad for democracy. There's too much opportunity for inside trading, which will further widen the income inequality gap.
https://www.bbc.com/news/articles/cx2gn93292do?utm_source=flipboard&u…
Most see civilization, hence inequality, as a tragic necessity. Some dream of returning to a past utopia, of finding an industrial equivalent to ‘primitive communism’, or even, in extreme cases, of destroying everything, and going back to being foragers again. But no one challenges the basic structure of the story.
There is a fundamental problem with this narrative.
It isn’t true.
https://www.eurozine.com/change-course-human-history/
If you believe capitalism is something we simply have to live with, then we are not standing on the same ground. I cannot accept the idea of resigning myself to a system built on exploitation and inequality, treated as if it were natural or eternal. What passes for stability in capitalism is only the quiet before another round of dispossession.
I reject the kind of unionism that settles for small reforms while leaving the machinery of domination untouched. Progress does not come from p…
"Governments must implement taxes on the super-rich now and prioritise reducing inequality. The world cannot continue on this obscene trajectory.”
https://www.theguardian.com/business/2026/jan/21/mi…
"Guest post: Why cities need more than just air conditioning for extreme heat"
#Climate #ClimateChange #AirConditioning
Opinion | The Health Care Debate We Really Need - The New York Times https://www.nytimes.com/2025/12/10/opinion/health-care-aca-cost-insurance.html ""...decades’ worth of research shows that, even though employers pay most of workers’ premiums, t…
Logarithmic Sobolev inequality in manifolds with nonnegative curvature via the ABP method
Lingen Lu
https://arxiv.org/abs/2601.17748 https://arxiv.org/pdf/…
"Polling across 36 nations by the Pew Research Center found that 84% see economic inequality as a big problem, and 86% see the political influence of the rich as a major cause of it. In 33 of these nations, a majority believe their country’s economic system needs either “major changes” or “complete reform”. In the UK, a YouGov poll revealed, 75% support a wealth tax on fortunes above £10m, while only 13% oppose it."
Yet more proof that our collective resources are being spent on the wrong things. #climatechange #inequality
Robert Reich here.
You asked us to stream
"The Last Class" film.
On Dec. 8, you can watch along with us!
Sign up: >> https://ineq.me/
An investor has calculated a poverty line of $137k/y "for a family of four to afford housing, health care, child care and other necessities", which is four times the current line. While I think location matters here, this national figure is still a good reminder of American wealth inequality.
https://wapo.st/44ymv6f
How Legalized Bribery Works in America
https://www.inequalitymediacivicaction.org/debunking-myths/how-legalized-bribery-works-in-america
Please keep calling your senators at 202-224-3121.
Tell them: NO funding for ICE until it's disarmed & reformed.
https://im-ca.org/l/FW8Qgr
Robert Reich, IMCA
Chicago Mayor Brandon Johnson’s proposal to
reenact the corporate head tax has been hotly debated,
But whether corporations should pay more taxes should not be contentious.
Highly concentrated corporate wealth and economic inequality is a scourge on our city and society.
Corporations should pay their fair share to support the public good.
We’ve seen why this is necessary throughout history — over and over again.
I had the privilege of working with lat…
On November 20th, women stop being paid compared to men.
This is the point in the year when,
on average,
women effectively work for free.
The gender pay gap is now 11.3%,
up from 10.7% last year.
It’s a stark reminder that while progress has been made,
gender pay inequality persists
- and may be higher than we thought.
Robert Reich here.
We're launching an emergency campaign to demand Congress
DEFUND Trump's army of masked deportation thugs.
https://ineqm.co/
IMCA