Working people have a hard time, because rich old people have rigged the system. Money flows from poor young working people, to old rich people living off asset returns.

How surprising, to hear such a neo-Marxist analysis from two Wall Street hedge fund managers, one of whom had a short stint as Trump spx. They take great pains to emphasise they’re “not socialists”. But, you know, if it talks like a duck…

Really interesting policy proposals buiding off that analysis in a coherent way, also.

#economics #mmt #inequaliy

https://youtube.com/watch?v=a6xuqd8m6kE&feature=shared

Passive Investing Poses Systemic Economic & Market Risks | Michael Green

YouTube
https://www.rollingstone.com/music/music-news/weird-al-yankovic-spotify-wrapped-video-criticism-1234905887/ Spotify is another big tech massive fail. Amplifying inequality. My wrapped list is a perfect example: telling me my favourite song was the one the Spotify algorithm continually served up to me Incessantly! Self fulfilling echoes chamber. #spofity #bigtech #inequaliy
‘Weird Al’ Yankovic Roasts Spotify’s Artist Payout System in Year-End Wrapped Video

"Weird Al" Yankovic criticized Spotify's artist payout system in a year-end Wrapped video.

Rolling Stone

The alliance against BJP’s hegemony

Congress’s vociferous demand for a caste Census ideologically aligns the party with OBC groups and enhances I.N.D.I.A’s capacity to take on the BJP’s alliance led by upper castes, writes Ajaz Ashraf.

https://www.mid-day.com/news/opinion/article/the-alliance-against-bjps-hegemony-23312019

#elections2024 #INDIAAlliance #congress #BJP #NDA #CasteCensus #OBCs #UpperCastes #RohiniCommission #inequaliy #muslims #hindutva #india