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#economic-inequality — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #economic-inequality, aggregated by home.social.

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  1. Racism Is Costing America Everything: Caller Exposes the Economic Truth

    A caller exposes how racism drains resources, divides workers, and keeps Americans struggling while elites benefit from economic inequality.

    #capitalism #EconomicInequality #EconomicJustice #ProgressivePolitics #racism #socialJustice #systemicRacism #USEconomy #WealthGap #workingClass wp.me/p1OjMZ-oT1
  2. Health Insurance Scam? Woman Pays More WITH Coverage Than Without for Care

    Why does insurance cost more than cash? This shocking story breaks it down. A viral story reveals how U.S. health insurance forces patients to pay more, not less.

    #EconomicInequality #healthInsuranceScam #healthcareCrisis #healthcareReform #highDeductibles #hospitalBilling #InsuranceCompanies #insuranceSystem #medicalCosts #MedicalDebt #MedicareForAll #USHealthcare #workingClass wp.me/p1OjMZ-oSl
  3. A quotation from Melville

    Of all the preposterous assumptions of humanity over humanity, nothing exceeds most of the criticisms made on the habits of the poor by the well-housed, well-warmed, and well-fed.

    Herman Melville (1819-1891) American writer
    Story (1854-06), “Poor Man’s Pudding and Rich Man’s Crumbs,” “Picture First,” Harper’s New Monthly Magazine, Vol. 9

    More about this quote: wist.info/melville-herman/8281…

    #quote #quotes #quotation #qotd #melville #hermanmelville #classwarfare #criticism #economicinequality #economicinjustice #perspective #poor #poverty #wealthy #welltodo

  4. I'm living through the freefall of the middle class, resulting in sharper contrasts between the private well off, and the much more impoverished general public.

    Maintained "old" things have given way to unmaintained old things, contrasting with incredibly new & well maintained affluence.

    The "American dream" has given way to loitering at the door of affluence, pretending to belong, until security pushes us out.

    #EconomicInequality #NewAmerica

  5. But there are photos I should have taken, but didn't. The large contingent of police hanging out near the Apple Store, speaks loudly to whom they are there to protect. AI billboards, empty Waymo cars driving around with no one inside.

    Even the things that have always been there. Like having the highest end shopping stores right next to the Financial District, scream about the economic inequality that is gripping communities throughout the world.

    #EconomicInequality #NewAmerica

  6. British economist and former Citi trader Gary Stevenson warns that Australia is losing its "fair go" ethos due to a worsening housing crisis and widening wealth gap. During an Australian speaking tour, he told the ABC that governments worldwide are failing to seriously tackle inequality. Stevenson advocates for higher wages, improved housing affordability, and tax reforms that take more from the wealthy to boost living standards for low and middle-income households. He warns that without action, Australia will face the same decline in public services and rise in poverty seen in the UK and Europe. Despite his large YouTube following, Political leaders, trapped in "bubbles," are resistant to changing the economic status quo.

    #garystevenson #australia #fairgo #housingcrisis #wealthinequality #economicinequality #taxreform #livingstandards #publicservices #poverty #uk #europe #abcnews #abcbusiness

    youtube.com/watch?v=cB9pK0qHSoA

  7. The Upcoming American Holocaust: Connecting Billionaires, AI, ICE & Trump’s Concentration Camps

    It is not hyperbole to read the genesis of an American Holocaust given the building blocks being laid out by Trump’s masterminds of hate mobilizing ICE, detention centers, AI, and billionaires.

    #AIMonopoly #authoritarianism #automation #billionaires #CapitalismCritique #CBP #CorporateMedia #democracy #DetentionCamps #EconomicInequality #Holocaust #ICEExpansion #ImmigrationPolicy #IndependentMedia #JobLoss #Oligarchy #PoliticalRepression #ProgressivePolitics #SmallFarmers #SurveillanceState #tariffs wp.me/p1OjMZ-oGF
  8. A quotation from Daniel Webster

    In the nature of things, those who have not property, and see their neighbors possess much more than they think they need, cannot be favorable to laws made for the protection of property. When this class becomes numerous, it glows clamorous. It looks on property as its prey and plunder, and is naturally ready, at all times, for violence and revolution.

    Daniel Webster (1782-1852) American statesman, lawyer, orator
    Speech (1820-12-22), “First Settlement of New England,” Plymouth, Massachusetts

    More about this quote: wist.info/webster-daniel/80213…

    #quote #quotes #quotation #qotd #danielwebster #classwarfare #economicinjustice #incomeinequality #poverty #property #revolution #wealth #poor #economicinequality

  9. "A society under “number go up” tends towards evil. The men and women behind an excessively high rate of return often make deeply sinful and immoral choices, little different than the Confederate plantation owners did in whipping slaves or lords in castles did when abusing serfs. That they do it with spreadsheets doesn’t make it better. (We even use old terminology: I know of several people in a large health insurance conglomerate who set policies to deny care whose nickname is “the three witches.”)

    And that’s why Jeff Epstein’s story is so compelling, it expresses this evil in a way that we all understand. On Sunday, I wrote about the oddness of the story, how an elite sex trafficker convicted of procuring children as prostitutes was friends or associates with everyone from Trump to Bill Clinton to Larry Summers to Bill Gates. Epstein represents how elites live in one moral universe where evil bacchanalia is rampant, while the rest of us live in a different more normal one. Every society has elites, and there are always weird things that elites do. But America, and the West, have reached a point where there is increasingly deep resentment and cynicism about this divide."

    #USPolitcs #EconomicInequality
    thebignewsletter.com/p/the-num