Krystal and Saagar talk to author Joel Kotkin about his new book, ‘The Coming of Neo-feudalism.’
The share of household wealth owned by billionaires has risen by a record amount during the pandemic, with millionaires also coming out of COVID-19 ahead, a study found on Tuesday. The World Inequality Report produced by a network of social scientists estimated that billionaires this year collectively own 3.5% of global household wealth, up fromContinue reading “Pandemic boosts super-rich share of global wealth”
Mexican President Andres Manuel Lopez Obrador on Tuesday pitched a global anti-poverty plan that seeks to uplift some 750 million poor people who live on less than $2 a day and would be financed largely by rich. In a speech to the United Nations, Lopez Obrador stressed that the plan could give the world’s poorContinue reading “Mexican president floats global anti-poverty plan in U.N. speech”
The senator is educating Arizona State University students on her forte: asking for money. ALL STUDENTS HOPE to learn from the top experts in their field. Graduate students at Arizona State University have an unusual opportunity this fall to do just that, where Sen. Kyrsten Sinema, D-Ariz., is teaching a course on getting rich people toContinue reading “SEN. KYRSTEN SINEMA IS LITERALLY TEACHING A COURSE ON FUNDRAISING”
Ireland is expected to adopt a 15% minimum corporate tax rate after several months of negotiations with the Organisation for Economic Co-operation and Development (OECD). Sources close to Irish Finance Minister Paschal Donohoe say the Irish government “needs certainty around the rate”, and assurances that Ireland won’t be forced to increase it further. Much ofContinue reading “Ireland set to agree historical minimum corporate tax rate”
Peruvian Prime Minister Guido Bellido on Sunday said that companies which exploit natural gas in Peru will need to agree to pay higher taxes or else face nationalizations, a sharp warning to the sector from the new leftist government. Bellido told Reuters in August that the government was planning to participate more deeply in the main industries,Continue reading “Peru PM warns gas sector: pay higher taxes or face nationalization”
We hear a lot about the Democrats being “the radical left.” Most of us know this obviously isn’t the case, but what many Americans don’t realize is that the Democrats should not be considered left-wing at all. In this episode we’re exploring the ratchet effect and the long rightward shift of the Democratic Party.
A new report from research firm Wealth-X found that the number of global billionaires rose above 3,000 in 2020. It’s a first, per the report, with billionaires around the world increasing their collective wealth by 5.7%. Wealth taxes have been floated as one way to redistribute wealth and address pandemic inequity. The pandemic was aContinue reading “The number of billionaires grew by 13.4% in 2020 – making the pandemic a ‘windfall to billionaire wealth’”