How much more evidence do we need? The ultra-rich and the governments supporting them will destroy everything for the sake of profit, power and pride. Nothing is precious to them - not human life, not the living world - except their own wealth and status. Our survival depends on resisting them.
It is THE fundamental problem. To survive and prosper we must make billionaires history. www.theguardian.com/commentisfre...

At the root of all our problem...
At the root of all our problems stands one travesty: politicians’ surrender to the super-rich

There are many excuses for failing to tax the ultra-wealthy. The truth is that governments don’t tackle the problem because they don’t want to, says Guardian columnist George Monbiot

The Guardian
To restore democracy and create a fairer, safer, greener world, we need massive taxes on the ultra-rich. As in the 1940s. People get confused about this. The main purpose of such taxes is *not* to raise revenue. The point is to stop the few dominating the many. It's an essential democratic measure.
From 1941 to 1952 in the UK, the top rate of income tax was 98%. A luxury goods purchase tax introduced in 1940 later rose to 100%. Result? The share of incomes captured by the richest 0.1% fell from 7% in 1937 to just over 1% in 1975. That's what we need today. www.theguardian.com/commentisfre...

Things are not going to get be...
Things are not going to get better as long as oligarchs rule the roost in our democracies

If we want the kind of fair, functioning state Britain saw post-1945, we need to take on the economic powers that wrecked it, says Guardian columnist George Monbiot

The Guardian
Page by George Monbiot | @georgemonbiot.bsky.social

How much more evidence do we need? The ultra-rich and the governments supporting them will destroy everything for the sake of profit, power and pride. Nothing is precious to them - not human life, not the living world - except their own wealth and status. Our survival depends on resisting them. It ...

Skywriter

@georgemonbiot.bsky.social

It's ironic that first Corbyn and Sanders, and now the Greens are being criticised for being too left wing at a time when wealth inequality and social and environmental exploitation are approaching the same proportions that gave rise to communism i the first place.

From a geopolitical perspective, it's hard to see how the current state can be corrected without a fundamental change to the global world order.

@georgemonbiot.bsky.social I find people freak out when you say we need to tax the super rich. They assume I'm talking about them, as they have no concept of how much richer than them the super rich are.

To make it work we need it to be in many countries and with properly funded tax authorities that share data properly, or the money will just vanish into tax havens.

@georgemonbiot.bsky.social I feel there might be a point where wealth is taxed too much for the good of everyone. If so, we urgently need to find that point as we're a long way below it.
@georgemonbiot.bsky.social I remember being amazed that the Beatles and the Stones could in theory be taxed over 95% of their income, 1964 or so
@georgemonbiot.bsky.social
"Never be deceived that the rich will allow you to vote away their wealth."
Lucy Parsons
So how do we reclaim the wealth and power that they have stolen from us?
Educate! Agitate! Organise! To build people power and face-to-face democracy.
@georgemonbiot.bsky.social I’m still working through a book by Clara E. Mattei titled “The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism”. It is helping me organize my thoughts about this issue. It also helps to know the methods and processes that got us here. I think we should pay attention to what this author has to tell us.

@georgemonbiot.bsky.social

I'm looking for a 25% wealth tax/year on families worth more than $200m, dropping to 5% when they're down to $78m.

California is pondering a 1-time 5% tax on families worth us$1.1b. 60% of NY residents (not just NYC) favour free, universal childcare until pre-K, with an explicit tax on the rich to fund it.

So, I want wayyy more, to end the 1%.

@georgemonbiot.bsky.social our survival depends not just *resisting* billionaires, our survival depends on taxing them out of existence.

@georgemonbiot.bsky.social

In the US, and I assume elsewhere since we export all the very worst we have, it began with Ronald Reagan and his de-regulation, union busting Reaganomics bullcrap.

@georgemonbiot.bsky.social It's as if they know that the perpetual growth machine is in its terminal stage and rather than adapt they've all decided to grab as much as they can before the party's over