The author wrote that the United States had become beholden to a powerful but inept figure, and argued that the country could take decades to recover or continue declining. #USPolitics #WealthInequality #PoliticalAnalysis #US
Wicknell Chivayo divided opinion in life and continues to do so in death. #Zimbabwe #WealthInequality #Philanthropy
www.bbc.co.uk
Why Zimbabwe tycoon 'Sir Wicknell' was loved and hated in Africa
The author argued that the rising cost of living offered private companies and society’s wealthiest people an opportunity to profit, describing it as a transfer of wealth from the majority to a very rich minority.
+ Household wealth increases are down to AI/Mag7 boom & are predominantly captured by the top 1% wealthiest households. Middle class combined share of total wealth in the US is now less than that of the 1% (since Trump 47 came to office). #WealthInequality #AIBoom #MiddleClassStruggles #US
Trump and his family have accumulated billions of dollars in office. Other democracies have reclaimed plundered wealth from fallen autocrats. Some lessons for Americans from Nigeria, Peru, and the Philippines to claw back wealth from toppled autocrats https://t.co/dxaYDT8fCW #WealthInequality #PoliticalCorruption #Accountability #NG #PE #PH
We are witnessing a shock redistribution from the many to the rich: The profit share is at its highest level since WWII. The first bump was sellers’ inflation which ushered in Trump. The second bump is Trump’s chaos casino designed to push up profits. https://t.co/EgfBtz4JgK #WealthInequality #EconomicDisparity #TrumpAdministration #US
On va répéter plus fort pour que les médias du MILLIARDAIRE Bolloré entendent mieux. Oui, les milliardaires sont des nuisibles. Les milliardaires produisent de la récession économique : pour chaque point de pourcentage supplémentaire versé aux 20 % les plus riches d’un pays, le PIB de ce pays diminue de 0,08 %. Les milliardaires ne créent pas d’emplois : les grandes entreprises, entre 2012 et 2022, auraient supprimé environ 173 000 postes. Sur la même période, les microentreprises, les petites et moyennes entreprises, et les entreprises de taille intermédiaire ont créé 1,9 million d’emplois. Les milliardaires préfèrent rémunérer les actionnaires plutôt que recruter : pour chaque euro consacré à créer de l’emploi, LVMH en a consacré 239€ à rémunérer ses actionnaires. Les milliardaires sont riches grâce aux cadeaux fiscaux qu’on leur offre : les 378 ménages les plus riches ne paient que 2 % d’impôt sur leur « revenu économique », d’après l’Institut des politiques publiques. Les milliardaires n’ont aucun mérite : 80 % de la richesse des milliardaires français est due à l’héritage. Les milliardaires n’investissent pas : d’après le président du comité d’évaluation de la suppression de l’ISF, « les entreprises dont les actionnaires étaient jusqu’en 2017 assujetties à l’ISF n’ont pas investi davantage ensuite ». Les milliardaires ne financent pas l’économie réelle : 96 % des transactions qui s’opèrent sur les marchés financiers concernent des activités purement spéculatives. Oui, les milliardaires sont des nuisibles et en 2027, nous mettrons fin à l'ère de l'ultra-richesse avec @JLMelenchon ! #Billionaires #EconomicJustice #WealthInequality
À New York, Zohran Mamdani bataille pour taxer les plus riches. Annoncée en avril, la Pied-à-Terre Tax du maire de New York est son projet phare pour faire contribuer davantage les ménages les plus fortunés. https://t.co/zWJHf7lc8g #Taxation #NewYork #WealthInequality #US
Which is why these campaigns go after billionaires and profiteering, not just prices. Lawrence: "only organized people can beat organized money." The NYC winners ran on taxing extreme wealth. Concentrated wealth is a survival question for democracy. 8/ #WealthInequality #TaxTheRich #Democracy #Thetweetdoesnotmentionanyspecificcountries.Therefore #therearenocountrycodestoreturn.
The Iran war is a redistribution machine: Big oil profits have shot up to historic highs. Our research shows that 50% of fossil fuel profits go to the richest 1% in the U.S. The rich are the ultimate beneficiaries of the war windfalls. The bottom 50% claim a mere 1% of profits https://t.co/lh1XJVtEY4 #IranWar #FossilFuels #WealthInequality #IR #US
D
10647
Článek z časopisu The Economist popisuje, jak se mění pohled na miliardáře, kteří jsou nyní častěji považováni za ty, kteří si své bohatství vydobyli vlastními silami, avšak čelí silné kritice z politické scény, kde jsou často označováni za představitele nevyhovujícího ekonomického systému a zkorumpovaného politického vlivu. #Billionaires #WealthInequality #TaxReform
www.derstandard.at
The rise of the deserving rich
If you didn't know better, you'd assume this headline meant the government is adopting a Melenchon style proposal for a 100% inheritance tax for anything over €12 million. Unsurprisingly they're actually doing the opposite and cutting tax for a tiny wealthy minority. #TaxPolicy #WealthInequality #InheritanceTax #FR
🇺🇸 A tiny group of Americans now owns wealth equivalent to nearly 12% of all the national income generated in the United States in a single year - FT ➡️ This surge mainly reflects the transformation of the United States into an economy dominated by asset ownership. Since the https://t.co/tPo2hSvx0V #WealthInequality #AssetOwnership #USEconomy #US
Farage basically said it's not a crime to be rich. But him being rich is not the issue. Corruption is. #Corruption #WealthInequality #PoliticalAccountability #Nospecificcountrycodescanbeidentifiedinthetweetcontentprovided.
Americans politicize everything. But they seem to never blame billionaire class for anything. Explanation? #BillionaireClass #Politicization #WealthInequality #US
Cutting aid to poor people while collecting billions from the same government when musk certainly didn’t need those billions. Effing grifter! They all found the golden (government) tit for themselves… #WealthInequality #CorporateWelfare #SocialJustice #Thetweetdoesnotmentionanyspecificcountries.Therefore #therearenocountrycodestoreturn.
Elon Musk has officially become the world's first trillionaire following SpaceX's monumental stock market debut, where shares soared to a peak of $176.50, solidifying his net worth at $1.11 trillion amid ongoing discussions about wealth inequality and the implications of such unprecedented wealth on global politics. #ElonMusk #SpaceXIPO #WealthInequality
www.bbc.com
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
The inflation redistribution machine running full steam again. Energy prices are the largest contributor to inflation. Inflation pushes down real wages making the vast majority poorer. The flip side of high energy prices is windfall profits benefitting the richest of the rich. https://t.co/r0LceUtaIe #Inflation #EnergyPrices #WealthInequality #Therearenospecificcountriesmentionedinthetweet.Therefore #theresultisempty:
Wealth in society is created by workers, by carers, & by ordinary people whose labour sustains the entire system. It's those people, who have the power to challenge an economic system that rewards exploitation & now stands on the verge of producing its first trillionaire #WorkersRights #WealthInequality #EconomicJustice #Nospecificcountrycodesarementionedinthetweet.
Across Ireland & around the world, politics is too often shaped by the interests of the 1%, not the needs of the 99%. It has to change. Only socialist politics can take wealth & power out of the hands of billionaires and put it where it belongs: in the hands of ordinary people. #Socialism #WealthInequality #PowerToThePeople
