@simon_brooke@mastodon.scot"The report said 83% of all countries, accounting for 90% of the world’s population, met the World Bank’s definition of high inequality. It added that countries with high inequality were seven times more likely to experience democratic decline than more equal countries."
Good lord, you don't say. Who would have thought it?
#Kleptocracy
@simon_brooke@mastodon.scot"We are watching one of the greatest wastes of money in history, all as people are told that there “just isn’t the money” to build things like housing, or provide Americans with universal healthcare, or better schools"
#Kleptocracy
#Enshittification
@simon_brooke@mastodon.scot"Meta’s business is both supporting and profiting from organized crime, and at 10% of its revenue, it’s also kind of dependent on it... I can find no analyst commentary on Meta making sixteen billion dollars on fraud, because it doesn’t matter to them"
#Kleptocracy
#Enshittification
@simon_brooke@mastodon.scot"When news becomes an extension of political and corporate power, democracy loses its immune system. The Fourth Estate collapses. And disinformation rules.
This is what happens when billionaires control information. They decide what you see, what you don’t, who becomes a villain, who gets rehabilitated, and whose death is worth remembering"
#kleptocracy
Legacy Media…
@simon_brooke@mastodon.scot"When #billionaires own major media outlets, “news” becomes something closer to state messaging. Not because the government controls it, but because the financial class that funds political power also owns the platforms that shape public perception."
#kleptocracy
Legacy M…
@simon_brooke@mastodon.scot"More worrying still... is the trend of wealthy donors funding far-right and racist movements that are the tip of the spear against net zero policies"
#Fascism
#ClimateEmergency
#Kleptocracy
