Why Billionaire Philanthropy Won’t Solve Anything – Second Thought

You ever notice how oligarchs like Warren Buffet and Bill Gates are cast as these uber-wealthy saviors who are singlehandedly raising the world out of poverty? That doesn’t happen by accident. In this week’s episode, we’re taking a look at the insidious philanthropy scheme billionaires use to make sure their reputation remains squeaky clean. Hope

Leftist Gabriel Boric, a millennial president for a new Chile

Leftist lawmaker Gabriel Boric, 35, on Sunday became Chile’s youngest-ever president on promises of installing a “welfare state” in one of the world’s most unequal countries. The former student activist only just met the required minimum age to run in the presidential race, seven years after being elected to his first political job as a

2020: Is working class condemned to serfdom in America after coronavirus? – The Hill

Krystal and Saagar talk to author Joel Kotkin about his new book, ‘The Coming of Neo-feudalism.’

Pandemic boosts super-rich share of global wealth

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 from

Super-rich increase their share of world’s income

The share of wealth owned by the world’s richest people soared during the Covid pandemic, a major study on inequality has found. The World Inequality Report said that 2020 saw the steepest increase in billionaires’ wealth on record. Meanwhile, 100 million people sank into extreme poverty, the report from the Paris-based World Inequality Lab said. The

America’s billionaires pay an average income tax rate of just 8.2%, Biden administration says

The wealthiest 400 families in the United States are paying an average income tax rate of just 8.2%, according to a new analysis from the Biden administration. President Joe Biden and Democrats are pushing to raise taxes on the richest Americans as they look for ways to pay for their ambitious agenda, making its way through Congress

Let’s talk about what spears can teach us about creating change – Beau of the Fifth Column