Mastodawn

Are we still blaming inequality on education gaps? Paul Krugman argues this narrative is outdated, asserting that since 2000, America's core issue is a rising oligarchy, with more income shifting to capital owners rather than workers. A growing share of GDP now goes to corporate profits while wages stagnate, concentrating wealth and fueling anger at a rigged system, which Krugman explores in relation to AI. Read more here: https://paulkrugman.substack.com/p/the-new-inequality #Inequality #Economy #WealthConcentration

The New Inequality

Goodbye, returns to education. Hello, concentrated ownership of capital

Paul Krugman

readuncut May 27

Infrastructure spending accelerates as returns remain absent: Google guided $75B in 2026 CapEx, Meta $125-145B, Microsoft burning $31.9B per quarter. Amazon's free cash flow collapsed from $14.8B to $1.2B. Microsoft's CFO admitted they're growing and getting less profitable simultaneously — and called that the plan.

https://readuncut.com/the-ai-layoff-receipts/

#AICapEx #CloudInvestment #TechInfrastructure #MarginCompression #WealthConcentration #BigTech

The AI Layoff Receipts

This article explores do layoffs for AI actually help a business in the long run. We analyze 1000s of transcripts and stock filings to look at the data - the answer is depressing.

Read Uncut

Hanan May 6

RE: https://mastodon.social/@Hanan1991/116527428148079871

#newbrandeis #antitrust #democracy #bigtech #surveillancecapitalism #wealth #wealthconcentration #politics #politicaltheory #autocracy #corporatism #corporatismisfascism #fascism #supremecourt #hipsterantitrust #ftc #regulation #regulatorycapture
@simon_brooke
@alexpalacefan
@nizarus
@davidculley
@d1
#Gaza #Palestine #Donate #HelpGaza
#gazaverified
@gvenema 🙏😭💔
@Oftentimesjack

Rania rizq May 6

RE: https://freesewing.social/@Rania/116526551797962998

#newbrandeis #antitrust #democracy #bigtech #surveillancecapitalism #wealth #wealthconcentration #politics #politicaltheory #autocracy #corporatism #corporatismisfascism #fascism #supremecourt #hipsterantitrust #ftc #regulation #regulatorycapture

smeg May 6

"We may have democracy, or we may have wealth concentrated in the hands of a few, but we can't have both." -- Louis Brandeis

#newbrandeis #antitrust #democracy #bigtech #surveillancecapitalism #wealth #wealthconcentration #politics #politicaltheory #autocracy #corporatism #corporatismisfascism #fascism #supremecourt #hipsterantitrust #ftc #regulation #regulatorycapture

Su_G Mar 17

@GhostOnTheHalfShell
I found this para an interesting summary… albeit usual depressing ending
(the rest of the article is about American billionaires’ “giving pledges” - now out of fashion, apparently):
“Wealth last concentrated at such levels during the original Gilded Age, the 1890s through the early 1900s, and the correction didn’t come from philanthropists. It came from trust-busting, the federal income tax, the estate tax, and eventually the New Deal. It arrived as policy that was driven by political pressure too powerful to be ignored. The institutions that forced that correction — a functional Congress, a free press, an empowered regulatory state — look considerably different today.”
https://techcrunch.com/2026/03/15/the-billionaires-made-a-promise-now-some-want-out/

#wealthConcentration #GildedAge #correction #taxes #institutions #USPol
#reconnectingconsequencesToCauses

@jerry

The billionaires made a promise -- now some want out | TechCrunch

In 2010, Warren Buffett and Bill Gates launched a disarmingly simple campaign they called the Giving Pledge: a public commitment, open to the world's

TechCrunch

Egberto Willies Feb 25

State of the Union Bombshell: Tariffs as a Backdoor Income Tax Replacement

A State of the Union address admission reveals a plan to replace progressive income taxes with tariffs—a regressive shift that would raise prices and burden working families.

#billionaireTaxCuts #ConsumerPrices #EconomicInequality #IncomeTax #IndependentMedia #inflation #progressiveTaxation #regressiveTaxation #StateOfTheUnion #tariffs #taxPolicy #TradePolicy #wealthConcentration #workingClass https://wp.me/p1OjMZ-oJv

Byrnejmf Nov 15, 2025

#ElonMusk epitomizes #greed destroying society at every level from cities to planet. #BillieEilish is brave and caring for highlighting. perhaps different adjectives and nouns, but gets the message across. #Greed and associated #wealthconcentration is the problem driving all of our big problems!