It'sYourMirthday
Robert ReichIf the top 1% holding more wealth than 290 million Americans doesn’t convince you that wealth inequality is out of control, I don’t know what will.
Laure@rbreich yes. maybe it’d be better to connect the dots in ways that connect to today’s language. For the example, billionaires who now monopolize news organizations, promote MAGA fake nationalism and culture wars so people don’t understand how powerful and corrupt they’ve become. People are angry in part because billionaires are pushing their buttons. People need to wake up.
rexthehuman@rbreich that is a good stat and a concerning one as well. Having said that, where and how do you practically draw the line up to which individuals can accumulate wealth and at what point will they become disinterested to the extent that they will stop meaningfully contributing to creating or organizing enterprises that have the capability to bring up everyones living standard?
VG@rexthehuman @rbreich Increase minimum wage to liveable standards, unionized work forces, taxation, invest tax $ in high impact social mobility programs such as health & education. Jeff Bezos only happens in the US because the US allows corporations to exploit Americans like it’s not seen in the rest if the developed countries. As a 1st step, watch: https://m.youtube.com/watch?v=aNghg1Y-WIc
David Cross: Why America Sucks at Everything
@rexthehuman @rbreich I live in Canada. We’ve had universal healthcare since the 1960’s. It’s not perfect but it’s way better than what we experienced as tourist in the US. Fortunately we had full travel insurance coverage, but when we saw the bill, we were astonished by the hospital/md overcharging for a 20 minutes consultation + cost of a very simple medication. Everybody should have access to good quality universal healthcare without having to worry about the cost.
@rexthehuman @rbreich BTW, I love Americans and the USA and as someone who cares, I can see the general anxiety americans live with and it gets more & more palpable. It’s very sad.
SFborn1940@rbreich When will it be obvious that the American "dream" is for the few, and not the many? Yes, people start a business and are successful, but something is wrong when so many people are living on the streets of our cities and towns.
John Bailey<points to medical industrial complex>
rick_rampal23@rbreich good Capitalism at work. One shouldn't complain, that the best that Capitalism can offer!
@rbreich I’d love to see more economists and sociologists take MAGA straight-on. I remember your wonderful video series where you broke things down with points illustrated so clearly. Maybe do a video series taking on MAGA bs nationalism or a book that’s very pop and accessible. This stuff needs to be explicitly undermined.
Tidus@rbreich, it is a problem. What are the solutions?
Kieranu@rbreich the US deify billionaires, it's bizarre
Michael@rbreich The treasury spends more time limiting markets than collecting for market consumption. There are no tangible assets. BlackRock Command economy is in the WH front running. ESG is the center right saying it's left. Plant one tree , put up 1 solar panel and hire someone to watch it. What a joke. Nationalising % of industries is the proper way to sort the dual market.
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