Sublime
An inspiration engine for ideas
The wealthiest eighty-five people on the entire planet have more money than the poorest 3.5 billion people combined. It’s hard to even take in that statistic. Between 1979 and 2007, the wages of the top 1 percent of households in the United States rose ten times more than the bottom 90 percent.
Maggie Kulyk • Integrating Money and Meaning
How 401(k) Drives Inequality - The New York Times
Michael Steinberger, Malcolm Hillgartner, Tanya Pérez, Steven Szczesniaknytimes.comThis fact is even more striking when we consider that the cost of eradicating poverty in any developed country is around 1 percent of GDP. An individual unemployment benefit set at the poverty line (around $1,200 a month) and granted to all jobless individuals regardless of their place in the family structure would not only pull everyone out of... See more
Daniel Zamora • The Case Against a Basic Income
These people’s wealth is determined almost exclusively by how high they can push flows — stocks and rates of return be damned. Everybody else is left with low or negative real returns and depleted stocks of capital and wealth. This is why GDP growth can be positive, while almost everybody feels poorer. Almost everybody is poorer. Objectively so.
... See moreSacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
Trying to keep track of this amazing back and forth Twitter thread between a novelist and the guy who was temporary CEO at Open AI for a hot second.
It all started when CEO dude starts pontificating about redistribution of wealth... https://t.co/reBJQnOXFr
The Price of Inequality: How Today's Divided Society Endangers Our Future
amazon.com