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Maybe We Need a New Word for “Inequality”

David Moscrop Jacobin
America’s richest earn in hours what ordinary workers earn over lifetimes. As Donald Trump’s tax bill seeks to make the plunder of the filthy rich permanent, “inequality” no longer feels like a strong enough word for what we’re facing.

The Rich Want You To Fear Tax Fairness

Interview with Jim Stanford by David Moscrop Jacobin
Canada raised its capital gains tax inclusion rate, sparking outrage from the investing class, who warned of economic disaster. The data shows that their histrionics were groundless.

Can Democracy and Billionaires Coexist?

Sam Pizzigati Inequality.org
Not on this planet. The wealthiest of our wealthy, a just-released report from Americans for Tax Fairness points out, are doing their best to keep these good times — for America’s rich — rolling.

books

Inequality Without Class

Simon Torracinta Dissent Magazine
This book surveys how leading economists, over the last two and a half centuries, have accounted for wealth and income inequality.

Antitax Nation

David Cay Johnston The American Prospect
Michael Graetz’s new book explains how clever marketing duped America into shoveling more tax breaks to the wealthy and corporations.

tv

Palm Royale Is a Weak Critique of the “Bubble” of the Rich

Eileen Jones Jacobin
Showing that rich women in 1969 are “living in a bubble” is like demonstrating that, as ever, water is wet. But even if Palm Royale was meant to deliver messages of great satirical significance, it’s too weak to carry them.

books

Limitarianism: The Case Against Extreme Wealth

David Rosen New York Journal of Books
This study, writes reviewer Rosen, "assesses the growing gap between that super-rich millionaires and billionaires and ever-increasing number ordinary people who populate the planet."
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