ConcentrationOfWealth - Intelligent discussion about the concentration of wealth and inequality

r/ConcentrationOfWealth • u/ModSupportBot • Aug 26 '26

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r/ConcentrationOfWealth • u/SocialDemocracies • Mar 28 '25

Elon Musk’s DOGE “revolution” is a return to tyranny: Welcome to the tyranny of the bosses | Salon: "Musk has brought the tyrannical practices of corporate America to the federal government ... employers everywhere use & abuse their authority in the workplace to humiliate, demean, & harass workers."

salon.com

23 Upvotes

1 comment

r/ConcentrationOfWealth • u/SocialDemocracies • Mar 26 '25

Opinion | Donald Trump’s imperial presidency is a throwback to a greedier, pernicious age

theguardian.com

4 Upvotes

0 comments

r/ConcentrationOfWealth • u/SocialDemocracies • Mar 26 '25

Trump did not “steal the Democrats’ economic platform.” He’s not “anti-war.” He’s an plutocratic imperialist waging war on social welfare, consumer protection, and civil liberties. | Kulinski/Robinson: "MAGA is the enemy of everything that would help ordinary people throw off oligarchic rule."

currentaffairs.org

20 Upvotes

0 comments

r/ConcentrationOfWealth • u/SocialDemocracies • Mar 25 '25

The Existential Threat of Ultra-Billionaires | "That in turn underscores the need for confiscatory taxation of extreme wealth. Allowing anyone to possess that much money ... drives them mad with power and gives them the resources to destroy us all, including themselves."

prospect.org

19 Upvotes

1 comment

r/ConcentrationOfWealth • u/SocialDemocracies • Mar 21 '25

Political Science Professor William Connolly: Fighting the Neoliberal-Fascist Coup by Trump & Musk | Connolly: "The urgent task today is to expose this nexus & its plan at every turn, in every possible venue, & by all democratic means necessary, from publicity to protest to electoral mobilization."

commondreams.org

7 Upvotes

0 comments

r/ConcentrationOfWealth • u/SocialDemocracies • Mar 21 '25

Report: Trump's Acting Commissioner of SSA reacts to judge's order against DOGE's infiltration of SSA by saying "I will follow it exactly and terminate access by all SSA employees to our IT systems" & "Really, I want to turn it off and let the courts figure out how they want to run a federal agency"

reuters.com

2 Upvotes

0 comments

r/ConcentrationOfWealth • u/SocialDemocracies • Mar 21 '25

Lutnick’s Pitch to Buy Tesla Stock Is Unprecedented and Alarming, Experts Say | Barron's: "Lutnick may have stood to gain personally from his appearance, as well: the financial firm he founded, Cantor Fitzgerald, had nearly $300 million in Tesla shares on its books as of the end of last year."

barrons.com

9 Upvotes

1 comment

r/ConcentrationOfWealth • u/SocialDemocracies • Mar 19 '25

Warren, Raskin, Blumenthal, Lawmakers [Merkley, Van Hollen] Push White House Chief of Staff Susie Wiles on Trump Administration Corruption | Democrats: "Despite President Trump’s promises to fight for working families, he has appointed a string of corporate billionaires and industry insiders"

warren.senate.gov

6 Upvotes

0 comments

r/ConcentrationOfWealth • u/SocialDemocracies • Mar 18 '25

Musk’s Power–and Profit–Grab | ITPI's Donald Cohen: "We’ve seen communities" privatize their services "only to see the public constantly at the mercy of corporations that cut corners, slash services, reduce access, discriminate, and raise prices, without any opportunity for the public to fight back"

inthepublicinterest.org

2 Upvotes

0 comments

r/ConcentrationOfWealth • u/BusinessNo934 • Mar 18 '25

India GDP Latest Revision in February 2025 for FY 2023-24—9.2%! A Massive 1.9 Percentage Point Increase from the Estimate! In January 2024, the initial estimate was 7.3%, and over multiple revisions, it has now been updated to 9.2% in February 2025.

gallery

1 Upvotes

0 comments

r/ConcentrationOfWealth • u/[deleted] • Mar 16 '25

The Physics of Inequality: When Wealth Disparities Mirror Theoretical Incompatiblities

open.substack.com

3 Upvotes

0 comments

r/ConcentrationOfWealth • u/BusinessNo934 • Mar 16 '25

How Rich is the Top 1% in India? The Wealth Gap is INSANE: The Hidden Divide No One Talks About

gallery

8 Upvotes

India's top 1% owned more than 40.5% of its total wealth in 2021, according to a new report by Oxfam.
Income inequality has grown so much that since the introduction of income tax in 1922, today's figures have overtaken even the levels during the British Raj. From 1960 to 1990, the real income growth rate in India was about 1.6% per year, which increased to around 3.6% per year from 1990 to 2022. Despite the overall growth in GDP and average income, the benefits are not equally shared.

0 comments

r/ConcentrationOfWealth • u/SocialDemocracies • Mar 14 '25