“when people can earn more from investments than from labour, wealth accumulates faster than incomes rise. Those who already own assets grow richer, while those who rely on wages fall behind. So, over time, inequality becomes self-perpetuating.”

An absolutely brilliant article by @BylinesEast featuring #Picketty and how unchecked #capitalism leads to increased #WealthInequality

It’s time to #TaxWealthNotWork #TaxTheRich

https://eastangliabylines.co.uk/business/economics/how-capitalism-drives-inequality-and-how-to-stop-it/

Thomas #Picketty wrote a clear denunciation of America's new international policies. The US is falling behind Europe and China in productivity. Pair that extra wealth with the US withdrawing internationally and America is conceding control in the world. America's rich are left fighting each other or supporting imperialism which will lead to pushback. #trump is the flailing of failed neoliberal policies.

Worth the quick read.

https://www.lemonde.fr/blog/piketty/2025/02/18/trump-national-capitalism-at-bay/

#politics #economics #capitalism

Hoe grote familiebedrijven zich rijk lobbyden in Den Haag

#lobby #vermogensongelijkheid #picketty

Episode webpage: https://art19.com/shows/vandaag

https://www.nrc.nl/nieuws/2024/02/08/zo-nu-eerst-een-belastingvoordeel-hoe-de-bavaria-familie-het-uitstekend-voor-zichzelf-regelde-a4189371

Media file: https://prfx.byspotify.com/e/op3.dev/e/rss.art19.com/episodes/588ce17a-adca-4085-8f4d-262cc8971d6f.mp3