A blog about a criminal enterprise
In today’s world of widespread poverty and unprecedented wealth, how about raising the wages of the most poorly-paid workers?
This October, the World Bank reported that “8.5 percent of the global population―almost 700 million people―live today on less than $2.15 per day,” while “44 percent of the global population―around 3.5 billion people―live today on less than $6.85 per day.” Meanwhile, “global poverty reduction has slowed to a near standstill.”
In early 2024, the charity
Although most Americans currently face hard times, with unemployment surging to the levels of the Great Depression and enormous numbers of people sick or dying from the coronavirus pandemic, the nation’s super-rich remain a notable exception.
Financially, they are doing remarkably well. According to the Institute for Policy Studies, between March 18 and April 28, as nearly 30 million
Is the United States becoming a plutocracy?
With the manifestly unqualified but immensely rich Donald Trump serving as the nation’s first billionaire president, it’s not hard to draw that conclusion. And there are numerous other signs, as well, that great wealth has become a central factor in American politics.
Although big money has always played an important role in U.S. political campaigns, its influence has been growing over the past decade. According to the Center