Don Curren 🇨🇦🇺🇦Feb 24
1 Bloomberg: The renewed plunge in the shares of perceived victims of the #AI revolution has #investors wondering where to turn for shelter. One answer, according to #GoldmanSachs, is #capital-intensive companies such as #utilities, #miners, some #industrialfirms and even #luxury-goodsmakers. 🧵
The-14Mar 22, 2025
Rich getting richer, poor poorer, as growth turns capital-intensive
#India #Economy #Inequality #Automation #AI #JobCrisis #WealthGap #EconomicGrowth #LabourMarket #Jobs
#Poor #Rich #SocialJustice #CapitalIntensive
https://the-14.com/rich-getting-richer-poor-poorer-as-growth-turns-capital-intensive/
Rich getting richer, poor poorer, as growth turns capital-intensive | The-14

India’s AI-driven growth widens inequality as automation cuts low-wage jobs. Without reforms, economic disparity will grow, threatening stability.

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Gladwyn d’SouzaAug 5, 2023

http://journal.eu-jr.eu/sciencerise/article/view/2995/2260

#DegradingCarbonSinks through #centralized #monopoliesandcartels by #apartheid based #SouthAfrican #Corruption (reads like #MississippiGoddam): Corruption accounts for the channeling of #scarce #public funds to uneconomic and highly #capitalintensive projects, such as #pipelines and #refineries, #dams, and #powerplants, at the expense of more necessary #infrastructure projects, such as #water and #electricity supply, #hospitals, #schools, and roads, in addition to treasury looting, #bribery, contract inflation, and brazen mismanagement.

#subsidiarity #RenewablesAreDeflationary #DERReducesConflict #waterislife

View of Corruption in apartheid South Africa under John Vorster: a case study