Activists spray red paint over billionaire Walmart heiress's superyacht for a second time | CNN
https://www.cnn.com/2023/09/08/europe/yacht-vandalize-activists-spain-walmart-climate-intl/index.html #walmart #billionaire #wealthgap #taxtherich

Also: men ask for higher starting salaries than women.

So, who's right? Why are men always the benchmark ? Could it be that many men simply ask for too much? Hello, billionaires?

#gendergap
#incomeinequality
#wealthgap

the rain it raineth on the just
but not beneath that big umbrella
where billionaires are wont to meet
the comfort of their safe retreats
on distant islands to discuss
their plans to leave the rest of us
in termite towns with flooded cellars
now plain; and frankly ominous

#vss365 #termite
#climateCrisis #wealthGap #rain #extremeWeather #umbrella
#poem #poetry #smallPoems #wrdz

"Wealthier fliers... can afford to pay for first- or business-class seats, allowing them to board first, sink into wide comfort and sip water or alcohol as the masses slog to their cramped quarters...

Fights ensue because... When you crowd people into tiny spaces with few resources, tempers flare. The same happens when lower-income communities or schools are deprived of the same amenities afforded in wealthier areas."
https://www.washingtonpost.com/business/2023/07/07/wealth-gap-airplane-seats/

#Wealth #WealthGap #Inequality #USA

by #HannahLevintova in #MotherJones:

"Within 24 hours, two rulings from the nation’s highest court—one striking down the use of race-conscious college admissions, and the second gutting Biden’s student debt cancellation plan—rolled back years of progress towards greater economic justice and educational opportunity for students of color.

"In these rulings, the Supreme Court has all but ensured the deepening of racial wealth inequality by undoing the chance to erase debt held disproportionately by Black Americans, and also decreasing access for students of color to elite US colleges—and the financial opportunity they can offer their graduates."

https://www.motherjones.com/politics/2023/06/supreme-court-decisions-debt-affirmative-action-admissions-racial-wealth-gap-inequality/

#SupremeCourt #SCOTUS #AffirmativeAction #StudentLoans #StudentDebt #racism #race #education #college #HigherEducation #WealthGap #inequality #USPolitics #USPol #politics

Rich and poor - The growing #wealthgap in #Germany | #DWDocumentary
https://www.youtube.com/watch?v=RgZfrYcaG4k 🇩🇪

#deutschland #costofliving #globalcostoflivingcrisis #survival

The Horacio Alder bullshit coming from the rich guy, Boris, is nonsense

@georgetakei
I'm game. Late stage capitalism -- #capitalism can go on for quite a bit longer. I'll be focused on the #wealthgap discussion.

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

https://youtu.be/-LlZDuFxaL8
#Flagstaff #NAU #Climate #WealthGap

Wealth concentrating more and more at upper-income levels, says Bankrate's Ted Rossman - And… the rich get richer while the rest of us suffer in decline. If this isn’t end stage capitalism I don’t know what is… Our system has failed the common citizen in so many ways, from housing to healthcare. It’s time for a radical change. Bernie and Elizabeth have been right all along. #wealthgap #wealthprivilege #wealthinequality #incomeinequality #economy #work #workingclass https://www.youtube.com/watch?v=HQocIXGqcwk

The irony of capitalism lies in its self-perpetuating nature. Our desire for faster and cheaper products leads us to work harder, fueling the cycle. We put in our labor to create and consume, while corporations (and their billionaires) reap the profit.

(Image: Axel Kores, https://axelkores.de)

#Capitalism #Billionaires #Wealth #WealthGap #Consumerism

When 3 Men Richer Than 165 Million People, Sanders Says Working Class Must 'Come Together'

https://www.commondreams.org/news/immoral-inequality-bernie-sanders

#CommonDreams #IncomeInequality #BernieSanders #WorkingClass #EconomicJustice #WealthGap #Politics #News

What Happens When You Tax Billionaires at 90 Percent?

"America’s billionaires (and soon to be trillionaires) pay an average of around 3.1 percent as their functional income tax rate; as a result, America is the most unequal developed society in the world. The last time severe poverty and extravagant wealth coexisted in such extremes as today in this country was during the 1920s and 1930s."

#WealthInequality #WealthGap #ClassWar #plutocracy
https://hartmannreport.com/p/what-happens-when-you-tax-billionaires-fa3

@janetate
Too bad Biden can't do anything about the fed raising interest rates even more instead of going after greedy corporations one way or another.

All of this won't matter in the future when the wealth gap between average, a shrinking demographic, income Americans and the ultra rich become so vast that nothing will be able to move the gigantic beast off of its prey, Americans. #wealthgap #corporategreed #incomeinequality

Clearly we're being taken for a ride. When a company takes more than it needs to cover overheads and a REASONABLE degree of profit, then that equates to sheer blatant greed for the CEOs and wealthy shareholders at a time we the customers can't afford it.
https://www.theguardian.com/australia-news/2023/may/30/why-australians-are-paying-50-more-for-air-fares-than-pre-pandemic-even-as-jet-fuel-costs-drop

#airlineindustry #australiantourism #qantasdebacle #wealthinequality #wealthgap #airlinetravel #airlinenews #richgetricher

Thatcher would be proud. A King who wants millions of pounds spent on his coronation. While this is going on, people are going without food, losing their homes and suffering the worst cost of living crisis in history.

It's not expensive for the King to sit on a chair on the balcony of the palace while some serf drops a tin ring on his head. But no - it has to be lavish and expensive and all about him.

Britain really is returning to the Victorian values of everybody being in poverty bar the privileged.

Now Britain has kicked itself out of the EU there's no redress via the European Courts.

The King has no power, no value and is just a hereditary burden on taxpayers. Time to kick the leeches out of the country. They can live in exile in Bermuda.

#coronation #coronationVirus #republic #wealthGap #privilege #corruption

I hear that we are expected to swear at the King next Saturday.

Looking forward to it.

#coronation #coronationVirus #republic #wealthGap #privilege #corruption

https://www.theguardian.com/commentisfree/picture/2023/apr/26/steve-bell-on-the-kings-fortune-v-his-subjects-tightening-pursestrings-cartoon #KingCharles #poverty #cartoon #Coronation #coronation2023 #wealthgap

Overall, 11% of all principal investigators (PIs) with National Institutes of Health funding in 2020 held three or more grants. However, the numbers of these “super-PIs” vary by gender and race and ethnicity. White and Asian men were disproportionately more likely to belong to this elite group, and Black women were least likely.

#wealthgap #womenscientists #blackscientists #multiplegrants

https://www.science.org/content/article/women-black-researchers-less-likely-hold-multiple-nih-grants

“Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution.”

–STEPHEN HAWKING

#Automation #AI #WealthGap #Inequality #Redistribution #Oligarchy #quotes