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The Five & Dime Solution to Wealth Concentration

Gabriel Zucman The Guardian
Unprecedented wealth concentration – and the unbridled power that comes with it – distorts our democracy and drives societal and economic tensions. The Five & Dime tax would would break up concentrated wealth and generate substantial new revenue.

Two Top Union Leaders Quit D.N.C. Posts in Dispute With Chairman

Shane Goldmacher and Reid J. Epstein The New York Times
Randi Weingarten, president of the AFT, and Lee Saunders, president of AFSCME, resigned their positions in the Democratic National Committee, suggesting the party is failing to expand their coalition.

Designing a Wealth Tax for Today’s Robber Barons

Alex Hemingway Jacobin
A proposed wealth tax on Canada’s richest 0.6% could raise hundreds of billions of dollars — enough to tackle housing, transit, and care. The sheer scale of what a tiny slice of billionaire wealth could fund is staggering.

The Shame of Israeli Medicine

Neve Gordon, Guy Shalev, and Osama Tanous The New York Review of Books
Faced with the destruction of Gaza’s hospitals and the systematic deprivation of Palestinians’ right to health, Israel’s medical establishment has disregarded the field’s most basic ethical principles.

How the First Black Bank Was Looted

Dale Kretz Jacobin
In the early days of the Gilded Age’s rush for profit, freed people’s savings were siphoned off by politically connected financiers. Justene Hill Edwards’s Savings and Trust uncovers how finance cloaked dispossession in the language of uplift.

Trump’s War on the Administrative State Is a Class War

John Hultgren Jacobin
Donald Trump’s attacks on environmental regulation and the administrative state are part of a right-wing class war — one that pits patriotic citizens against perceived liberal experts defending what’s left of the New Deal order.