Capitalism

Extreme Wealth Concentration Has Turned America Into an Oligarchy

A new congressional report commissioned by Bernie Sanders finds that the 1 percent now own one-third of all wealth, while the bottom half of Americans hold only 2 percent. It’s another sign of the slide into oligarchy that Sanders has warned about for years. Last summer, Bernie Sanders’s YouTube channel released a short clip entitled simply “Oligarchy

Inequality

People are tired of being ignored while the rich…

The Vermont senator rose from the political margins to become hugely influential within the American left. As he prepares to speak at a London rally, he explains why unions on both sides of the Atlantic must reassert their power Both are unlikely political sensations who were long consigned to the fringes: Bernie Sanders, an octogenarian

Capitalism

Social capital I: measurement and associations with economic mobility

Social capital—the strength of an individual’s social network and community—has been identified as a potential determinant of outcomes ranging from education to health1,2,3,4,5,6,7,8. However, efforts to understand what types of social capital matter for these outcomes have been hindered by a lack of social network data. Here, in the first of a pair of papers9,

Capitalism

Google’s ‘Democratic AI’ Is Better At Redistributing Wealth Than…

Researchers built an AI that gives out money based on who started with less resources—and humans preferred it. It’s no secret that the overwhelming majority of wealth in the United States is concentrated at the very top, creating staggering levels of poverty and inequality that vastly outpace other supposedly “wealthy” nations. But while the current political system ensures

Equality

The Roe ruling is not about states’ rights. It’s…

From The Guardian It’s tempting to blame rightwing evangelicals for what happened last week – but big business also benefits from our loss of autonomy. When I was younger, my ideas about justice, religion, and harm were burgeoning and confused. Then I learned more. I studied and met Black women who were fighting for full reproductive justice: