AI companies want to capture the value created by entire industries. That concentration of wealth and power is society’s greatest risk.
Over 50% of the profits from recent oil supply shocks went to the top 1% of Americans. The bottom half received just 1%. The Iran war likely triggered another massive transfer to the very richest.
Americans realize they’ve lost power and income to the very rich. Too many Democrats, even too many unions, have yet to go to war for them.
Our plan is radical – but by transforming how we live on a finite planet, nearly everyone gains. Here's how it can be done.
The Hidden Wealth Transfer in the SpaceX IPO. Neil deGrasse Tyson on Aliens and Trump UFO Files. Thousands Celebrate End of Orbán's 16-Year Rule. Trump’s Approval Rating and America’s 250th Party. What You Learned About Genetics Is (Mostly) Wrong.
Even if you don't buy a single share of SpaceX stock, you're left holding the bag
The doubling of estimated revenues from the Warren wealth tax adds a dimension to the debate on how to redesign the tax code. The numbers show that the bulk of the money available for taxation is currently shielded.
Wealthy individuals are treating where they live and what citizenship options they have with the same considerations they would extend to diversifying investments. “We are truly experiencing the largest private wealth migration in history.”
Forget partisan finger-pointing. The Jeffrey Epstein scandal cuts across party lines, indicting economic and political elites alike. Epstein just enjoyed the perks of life in one of the very top tiers of a society where laws are for little people.
These days, it’s hard to care about affluent fictional characters who get away with everything.
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