Posts Tagged ‘wealth’

Father Figurine #ShortFilm

Posted: October 14, 2019 in -
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Hedgefunds Billionaires vs. Kindergarten Teachers: Whose side are you on? 

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How to be rich!

American Gold Cross (short)

Posted: June 4, 2015 in -
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CNN: ‘Scandinavian Dream’ is true fix for America’s income inequality
  • Clamp down on Wall Street and require certain asset managers to disclose their holdings, returns and fees.
  • Enact a transaction tax to reduce short-term trading and encourage long-term investment.
  • Require companies to provide more information about their CEO’s pay relative to performance and workers’ earnings.
  • Raise taxes on capital gains and dividends.
  • Tax corporations on global income.

And to promote growth among the middle class, Stiglitz suggests that the U.S.:

  • Invest in infrastructure for long-term economic and job growth.
  • Strengthen workers’ bargaining rights.
  • Raise the minimum wage to reflect local economic conditions. (Many cities and metro areas could justify $15 an hour.)
  • Invest in young children through early education.
  • Require universal paid sick and family leave.

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“Vanity capital” is the new metric for narcissism, and analysts say its value worldwide is greater than Germany’s GDP

Whether $4.5 trillion is an accurate measure of how much people spend on purchases motivated in some way by vanity is debatable. But in the age of the selfie, it seems a safe bet that the number, whatever it may be, is growing.

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US wealth inequality – top 0.1% worth as much as the bottom 90%

There are words for this:

Plutocracy
Kakistocracy
Aristocracy
Fascism
Wealth Inequality
Bad Policy
Class War
Corruption