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

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School Privatizers Are Leaning Hard Into the Culture Wars

A billionaire-backed network of free-market fundamentalists is ginning up controversy over “wokeness” in American schools with an ulterior motive: to demolish public education. In a Massachusetts school district neighboring the one where I work, four parents, backed by a conservative Christian organization, are suing the school committee and multiple district employees for calling students by their preferred

Capitalism

Facebook Is Now Meta. And It Wants to Monetize…

Mark Zuckerberg’s turn toward the “metaverse” claims to put an extra digital layer on top of the real world. But Facebook’s new Meta brand isn’t augmenting your reality — it just wants to suck more money out of it. On Thursday, Facebook changed its name to Meta, as part of a broader shift toward the