#wealth-concentration — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #wealth-concentration, aggregated by home.social.
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RE: https://freesewing.social/@Rania/116526551797962998
#newbrandeis #antitrust #democracy #bigtech #surveillancecapitalism #wealth #wealthconcentration #politics #politicaltheory #autocracy #corporatism #corporatismisfascism #fascism #supremecourt #hipsterantitrust #ftc #regulation #regulatorycapture
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"We may have democracy, or we may have wealth concentrated in the hands of a few, but we can't have both." -- Louis Brandeis
#newbrandeis #antitrust #democracy #bigtech #surveillancecapitalism #wealth #wealthconcentration #politics #politicaltheory #autocracy #corporatism #corporatismisfascism #fascism #supremecourt #hipsterantitrust #ftc #regulation #regulatorycapture
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@GhostOnTheHalfShell
I found this para an interesting summary… albeit usual depressing ending
(the rest of the article is about American billionaires’ “giving pledges” - now out of fashion, apparently):
“Wealth last concentrated at such levels during the original Gilded Age, the 1890s through the early 1900s, and the correction didn’t come from philanthropists. It came from trust-busting, the federal income tax, the estate tax, and eventually the New Deal. It arrived as policy that was driven by political pressure too powerful to be ignored. The institutions that forced that correction — a functional Congress, a free press, an empowered regulatory state — look considerably different today.”
https://techcrunch.com/2026/03/15/the-billionaires-made-a-promise-now-some-want-out/#wealthConcentration #GildedAge #correction #taxes #institutions #USPol
#reconnectingconsequencesToCauses -
#NoBillionaires #TaxBillionaireRace #WealthConcentration the #Rich are robbing all of us! these are great billboards appearing across the #USA!
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#WealthConcentration problem is everywhere! #Greed of super rich drives prices up: #Groceries, #Housing, #Construction, #Resources, and the super greedy #OilAndGas industry fights #ClimateAction, #AirPollution action, costing millions of lives and many $trillions! https://youtube.com/shorts/d7eBNXIeltg?si=qgERFgnlF_IF9JSV
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#Nobel #Laureate touts #ThreeZero #theory
"framework called “Three Zero”, referring to zero #carbon #emissions, zero #wealthconcentration & zero #unemployment. Prof #Yunus argued tt #business in tis new civilisation mustn't be driven by #greed, which he warned inevitably leads to #wealth accumul'g among a select few.. He criticised modern #society’s deep-rooted #consumerism, stating tt e pursuit of tis at all costs has led to #unsustainable waste & environ'al degradation"
https://www.bangkokpost.com/thailand/general/2995986/nobel-laureate-touts-three-zero-theory -
Secondly, any form of supplying public infrastructure through "public private partnerships" or equivalent scams – introduced by #Conservatives under John Major, popularised by #Labour under Tony Blair and Gordon Brown, and slavishly followed by the #SNP in years since – is equally a deliberate policy choice to transfer wealth from citizens to investors – and usually an effective choice to transfer wealth from your own economy to #TaxHavens
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Firstly, on energy: a neighbour of mine who installs domestic solar power systems now routinely installs storage batteries. For people with grid connections, this means that they can store energy when it's cheap, and sell it back to the grid when it's expensive, arbitraging the price volatility. That's free money that rich people can make, which the poor – because batteries are expensive – can't.
But more...
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Macrodose podcast arguing eloquently here that, as states can borrow money more cheaply than businesses, ANY privatisation of energy infrastructure is a deliberate policy decision to redistribute wealth from (poor) consumers to (rich) investors.
That's true, but there are corollaries.
Macrodose: The Break Down: Public Energy No.1 w/ Chris Hayes and Melanie Brusseler
Starting from: 00:13:05Episode webpage: https://podcasters.spotify.com/pod/show/macrodose/episodes/The-Break-Down-Public-Energy-No-1-w-Chris-Hayes-and-Melanie-Brusseler-e2o7rhk
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Growing inequality and a rising number of renters are expected to push the government towards introducing wealth taxes in the coming years, says a demographics expert. Key drivers include the massive intergenerational wealth transfer, wealth concentration, and decreasing home ownership rates, all of which are likely to shape future tax reforms.
#inequality #wealthtax #homeownership #intergenerationalwealth #taxreform #renters #wealthconcentration #auspol