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The Meritocracy Trap: How America's Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite
amazon.com
How 401(k) Drives Inequality - The New York Times
Michael Steinberger, Malcolm Hillgartner, Tanya Pérez, Steven Szczesniaknytimes.comgrowing inequality; perpetuated the racial wealth-gap;
Holly Ensign-Barstow • From shareholder primacy to stakeholder capitalism
Rich kids should go to public schools. The mayor should ride the subway to work. When wealthy people get sick, they should be sent to public hospitals. Business executives should have to stand in the same airport security lines as everyone else. The very fact that people want to buy their way out of all of these experiences points to the reason why... See more
Jason Kottke • Our Unpleasant Privatized Reality
There are some important changes underfoot in private markets:
1. Returns are compressing - few funds are able to consistently achieve the necessary spread over the risk-free rate to justify fees and illiquidity.
2. LPs are segregating bi-modally: 1) a growing group of smaller family office... See more
Chamath Palihapitiyax.comThe Price of Inequality: How Today's Divided Society Endangers Our Future
amazon.com
L’extension sociale de la financiarisation et la circulation des titres de dette dans un vaste réseau privatisé de l’épargne ne font que déplacer les inégalités liées au régime politique du bondholder. Aux États-Unis, la moitié de la dette publique est détenue par les 1 % des ménages les plus riches et continue de jouer le rôle d’un instrument de r
... See moreBenjamin Lemoine • La démocratie disciplinée par la dette (French Edition)
