The past decade has been one where everything that could go wrong did go wrong. The world has faced various crises, from climate change to economic inequality to political instability. We need urgent action to address these issues and build a more resilient and sustainable future. #DecadeOfCrisis #ClimateChange #EconomicInequality https://eand.co/the-decade-that-everything-that-could-go-wrong-did-go-wrong-f892eeef10f1

🥥 Unfortunately, the presence of toxic levels of #EconomicInequality, rampant #Racism, unfettered #Capitalism, and sociopathic #Billionaires in the US is a sign.
It's a sign that we prefer to ignore human suffering while generating homelessness, unaffordable health care, and an unlivable climate.
In return we get to celebrate our sports, our entertainment, our drinking and drugging, and our glistening #OrphanCrushingMachines, while our souls wither into dust. 🥥
https://www.msn.com/en-us/news/technology/whats-an-orphan-crushing-machine-viral-metaphor-for-capitalism-explained/ar-AA19SexR

Facing Widespread Precarity, Young US Voters Are Becoming Even More Progressive

Data analyzed by the Harvard Youth Poll, which releases survey results focused on young voters every spring, found that a clear majority take a progressive outlook on what John Della Volpe, director of the poll, called the "big four" political issues that respondents are asked about: #LGBTQ+ rights, #economicinequality, #climateaction and #gunviolence.

#ClimateCrisis

https://www.commondreams.org/news/young-voters-more-progressive

Looking forward to PTA meetings, Girl Scouts or Boy Scouts, and other after-school activities for future spawnling(s) as a subversive means of developing Community Defense & Mutual Support/aid against the excesses of capitalism, opposing: christo-facism & populism. Surprise, Sarah Connor had a few good parenting ideas (and a lot of bad ones) #community #mutualaid #economicinequality #CommunityDefence #midnightmusings #privledgedButaware

The fourth leading cause of death in the US? Cumulative poverty

https://www.theguardian.com/commentisfree/2023/jun/22/us-leading-cause-death-poverty-crisis

#TheGuardian #PovertyCrisis #LeadingCauseOfDeath #USHealthcare #SocialJustice #EconomicInequality #Politics #News

The black-white gap in household wealth animated across generations: Black children tend to have less wealthy parents and are far more likely to be downwardly mobile.

www.ncbi.nlm.nih.gov/pubmed/31312720

@FabianPfeffer #NICHDImpact #Race #Wealth #SocialMobility #WealthGap #EconomicInequality

Column: With debt ceiling deal, GOP reveals its only real goal was cruelty to the poor

https://www.latimes.com/business/story/2023-05-28/with-debt-ceiling-deal-gop-reveals-its-goal-was-to-show-cruelty-to-the-poor

#LATimes #GOPCruelty #DebtCeilingDeal #PovertyStruggle #SocialSafetyNet #EconomicInequality #Politics #News

@terrygrundy @breadandcircuses @FantasticalEconomics

I would think one issue from a #degrowth perspective with the Citizens' Dividend approach you're describing is that it would directly create financial incentives among the entire citizenry to pursue continuing growth and profitability in the computing sector, when we actually need that sector (and many others that are quite resource / energy-intensive) to shrink considerably and close off many of the ways it currently makes profits. As I see it, your observation that it sounds a lot like "distributed #capitalism" is exactly the problem!

Whereas #UBI proposals generally call for it to be indexed to *inflation*, rather than *economic growth* either in terms of overall GDP or within a specific sector. The idea being that this will create a kind of stable floor that no one can fall below in terms of real purchasing power, without further entrenching the capitalist growth paradigm by giving more people a bigger / more direct stake in it.

This may be why you more often see UBI proposals in degrowth circles, whereas to the extent that people have even heard of this Citizens' Dividend as a distinct concept I would imagine it's more popular among more traditional socialist / left-wing tendencies. Basically, the orthodox left has traditionally been more concerned with reducing #EconomicInequality and has usually had no quarrel with growth so long as it's broadly shared and "labor receives its full product". Whereas the degrowth movement by definition considers ending economic growth to be a primary concern. So while I don't think those perspectives are necessarily incompatible, they do have different priorities that I think are relevant here.

I do understand the concern among some on the left that UBI does not directly address the problem of extreme income / wealth inequality, and I completely agree that it is a problem we need to deal with. But I would much prefer to simply and directly close off the means by which large profits are made in the first place.

This news is an example of the #GOP prioritizing big banks over small ones. Signature and SVB were allowed to take risks that the #DoddFrank reforms were supposed to prevent. It's a shame that their executives used their influence to push for looser requirements, leading to their ultimate collapse. #TooBigToFail #EconomicInequality http://www.techmeme.com/230314/p11#a230314p11

"Conservative cardinals and archbishops have accused Francis of sowing confusion by weakening rules on issues such as #homosexuality and #remarriage after #divorce while focusing excessively on social problems such as #ClimateChange and #EconomicInequality.

But events have left the conservative movement disoriented and, some experts say, rudderless."

As Francis marks 10 years as Pope, conservatives confront post-Benedict era | #CatholicChurch #Religion #PopeFrancis

https://interaksyon.philstar.com/trends-spotlights/2023/03/09/245243/as-francis-marks-10-years-as-pope-conservatives-confront-post-benedict-era/

"Violence isn't just what is done with a gun or a knife, it's also the institutional violence that can be seen in economic policies that force people to wait until the last stages of metastasis to seek medical care due to a lack of money or time.
-- more at https://Radical-Guide.com and https://youtube.com/@aradicalguide

#InstitutionalViolence #EconomicInequality #EndViolence

The unfortunate reality is that this phenomenon extends far, far beyond boots, and is by no means limited to the pages of fiction. In our capitalist society, almost everything that's used by rich and poor alike seems to be designed to be cheaper and easier for the rich, from durable goods, to banking services, to healthcare, and beyond.

In fact, it's such a big problem (in my eyes - rich people don't think it goes far enough) that one could fill up and hour-long video (including ads) just digging into why it's so damned expensive to be poor. If only there were people who did that sort of thing.

#TerryPratchett #Vimes #EconomicInequality #WealthInequality

https://freethoughtblogs.com/oceanoxia/2023/02/09/some-more-news-why-being-poor-is-so-expensive/

In time, all philanthropy will be conducted by a handful of hyper-rich people and I'm not even sure that's a bad thing. https://www.philanthropy.com/article/giving-was-up-but-the-number-of-donors-was-down-the-first-three-quarters-of-2022 #philanthropy #economicinequality #NGOIndustrialComplex #MackenzieScott

Boomers and Billionaires.

#politicalcartoon #economicinequality #generationalinequity

Just published my latest article on universal basic income! Examining the potential and limitations of UBI as a solution to capitalism's failures.
Check it out: https://antoniomelonio.medium.com/examining-the-case-for-universal-basic-income-ubi-a-solution-to-capitalisms-failures-cc0361eb8c9

#universalbasicincome #UBI #economicinequality #capitalism #Automation

பொருளாதார வளர்ச்சி 6.3% ஆக சரிவு #IndianEconomy #EconomicFalldown #EconomicInequality Listen More on : https://spoti.fi/3Vx0Ncp

மீள முடியாத கடன் வலையில் சிக்கித் தவிக்கும் ஒன்றிய மோடி அரசு! #IndianEconomy #EconomicFall #EconomicInequality #BJPGovt #ModiFails #BJPDestroyingIndia #Modi4Corporates Watch More on : https://youtu.be/0GMQTicrI8Q

#USHouse committee to release documentary on #EconomicInequality

A 30-minute film, produced by Congress, strives to connect Americans through storytelling

https://www.washingtonpost.com/politics/2022/11/30/house-committee-documentary-economic-inequality/

If anyone knows what #GustavoArellano's Mastodon handle is, please let me know. He's always such a delight to read, and his latest, pitch-perfect column puts into perspective just how much money #RickCaruso spent on his mayoral campaign -- "About a third of #KarenBass’ $292-million plan to house 17,000 homeless people."

https://www.latimes.com/california/story/2022-11-27/rick-caruso-mayors-race-104-million-campaign-spending

#LAMayor #Billionaires #Billionaire #LosAngeles #LALife #CityLife #Urbanism #Inequality #EconomicInequality #Homelessness

"The more than half a million homeless people in the United States are the most visible domestic crisis of this Thanksgiving. ... But right above them ... are these millions of households with no reserves and no resilience" #EconomicInequality

https://www.washingtonpost.com/opinions/2022/11/21/homeless-crisis-american-renewal-poverty/?itid=co_opicymi_3