Love NHL · @lovenhl
34 followers · 6165 posts · Server channels.im
Gladwyn d’Souza · @godsouza
174 followers · 3149 posts · Server sfba.social

is not an abstract moral failing—It is a result of and —of the , , real estate flippers, and who have it, and everyone else who does not. The people who move into those houses have more money than the majority of the people in the city can fathom, and often fight any attempt to that more evenly.

thenation.com/article/society/

#gentrification #money #power #landlords #developers #investors #distribute #wealth

Last updated 1 year ago

Ghast · @ghast
25 followers · 1944 posts · Server liberdon.com

On the topic of , finger in the air guess, I'd say that's the majority of what does currently.

Real has not been tried.

#wealth #redistribution #government #capitalism

Last updated 1 year ago

sgt1372 · @sgt1372
364 followers · 15125 posts · Server sfba.social

@mookie

I've always been "comfortable" but never "wealthy. 😉

#wealth #money #finance

Last updated 1 year ago

Ricketson · @ricketson
92 followers · 1231 posts · Server kolektiva.social

Property is the foundational bureaucracy.

#wealth #capitalism #bureaucracy

Last updated 1 year ago

steve mookie kong · @mookie
809 followers · 3081 posts · Server trouble.social
Ricketson · @ricketson
92 followers · 1231 posts · Server kolektiva.social

Fighting fascism is much harder when billionaires are promoting it.

#fascism #wealth #politics

Last updated 1 year ago

Ricketson · @ricketson
87 followers · 1216 posts · Server kolektiva.social

Fighting fascism is much harder when billionaires are promoting it.

#fascism #wealth #politics

Last updated 1 year ago

Nando161 · @nando161
912 followers · 39316 posts · Server kolektiva.social

" is asset rich. National wealth – a mix of property, business, financial and state assets – stands at almost seven times the size of the . That is double the level of the 1970s.

This has not come about as a result of investment and productivity growth. Instead, much of this private-wealth mountain is unearned – the product of windfall gains, resulting from state-driven asset , the mass sell-off of former public and commonly held assets (from land to industries) and the of power. As philosopher and civil servant John Stuart Mill quipped during the , it’s “getting rich while asleep”.

This has widened the gap. The top tenth of Britons now holds nearly half of the ’s private wealth. The poorest half’s share, meanwhile, has never exceeded one-tenth.

As a former supreme court justice Louis Brandeis famously declared – a century ago – it was possible, in the US, to have either democracy or great wealth concentrated in the hands of a few – but not both.

Britain today badly fails Brandeis’s test. Yet, the Labour party’s leaders have no declared plans – at least, as yet – to close this gap."

theconversation.com/poverty-in

#britain #economy #inflation #exploitation #corporate #industrial #Revolution #wealth #uk #us #democracy

Last updated 1 year ago

woodrat :sfgiantshat: · @woodrat
30 followers · 600 posts · Server sfba.social

People misunderstand sometimes by stumbling over the word   as a psychological tether point between and

#money #wealth #liquidity

Last updated 1 year ago

Dr Craig Dalȝell · @thecommongreen
608 followers · 794 posts · Server mastodon.scot

Herald
Humza Yousaf: wealth tax possible due to pressure on public finances
heraldscotland.com/news/237717

Glad to this conversation is reaching Government at last.

See my take here: thenational.scot/politics/2375

Short version: My target for a wealth tax would be land and property. Can't take them with you and you can be taxed on it whether you live in Motherwell or Monaco.

#tax #wealth #scottishpolitics

Last updated 1 year ago

buying friends & popularity

Howard Buffett, son of multibillionaire Warren Buffett, has long dominated social & political life of the central Illinois town of Decatur. It’s a case study in how extreme hollows out

jacobin.com/2023/09/howard-buf

#richbastards #Democracy #wealth

Last updated 1 year ago

Nudeful Art · @nsfw_art
72 followers · 91 posts · Server fed.ggtm.eu
woodrat :sfgiantshat: · @woodrat
23 followers · 532 posts · Server sfba.social

We misunderstand because it can be or it can be and sometimes it can kinda be both at the same time ... it can also be a if you aren't careful

#money #wealth #liquidity #scam #bitcoin #ethereum

Last updated 1 year ago

Love NHL · @lovenhl
34 followers · 5648 posts · Server channels.im
Gladwyn d’Souza · @godsouza
170 followers · 3006 posts · Server sfba.social
Follow GOLF · @fogolf
9 followers · 1344 posts · Server vive.im
audrina · @audrinabell
52 followers · 597 posts · Server twixter.eu

think about "the cost of switching to a different place"

The Problem With YIMBY Economics
from Seth Ackerman at

One hundred percent worth the read, even if not for the mention

jacobin.com/2023/09/yimby-hous

#jacobin #housing #monopoly #zoning #wealth #speculation #homes #property #urbanization #capital #value #location #land #density #economics #boston

Last updated 1 year ago

Sir antony · @sir_t68144
25 followers · 245 posts · Server theblower.au

I want to share two books that really helped me shape my new life:

The Millionaire Next Door by Thomas Stanley

The Alcohol Experiment by Annie Grace

I am 125 days sober from alchol today too!

Just letting the black hole of Mastodon know.

#iamsober #sobriety #wealth #money

Last updated 1 year ago