Inequality and the End of the American Dream 

Well, it’s over. After nearly a century of self-promotion, the American Dream has been officially declared over. Donald Trump declared, during his 2016 campaign, “Sadly, the American dream is dead. But if I ever get elected president, I will bring it back bigger and better than ever.”  He advocated a slogan that looked backward to More

Source: Inequality and the End of the American Dream – CounterPunch.org

Economist Thomas Piketty: Coronavirus pandemic has exposed the ‘violence of social inequality’

As nearly 30 million Americans have filed for unemployment in just six weeks and millions worldwide face hunger and poverty, we look at the global economic catastrophe triggered by the pandemic and its impact on the most vulnerable. As the World Food Programme warns of a massive spike in global hung

Source: Economist Thomas Piketty: Coronavirus pandemic has exposed the ‘violence of social inequality’ – Alternet.org

IMF Head Gives ‘Stark Message’ of Looming Inequality-Fueled Global Financial Disaster 

Increasing inequality and the climate crisis are pushing the world towards another financial disaster, the International Monetary Fund chief said Friday—a warning, according to one anti-poverty group, that should be taken seriously.IMF managing director Kristalina Georgieva made the remarks in a speech at the Peterson Institute for International Economics in Washington, D.C.

Source: IMF Head Gives ‘Stark Message’ of Looming Inequality-Fueled Global Financial Disaster | Common Dreams

Can solar geoengineering mitigate both climate change and income inequality? 

New research finds that solar geoengineering — the intentional reflection of sunlight away from the Earth’s surface — may reduce income inequality between countries.

Source: Can solar geoengineering mitigate both climate change and income inequality? Potential economic benefits of reversing rising temperatures would benefit developing countries greatly, representing a global GDP growth of 200% — ScienceDaily

‘See? Not Radical’: New Poll Shows Nearly Two-Thirds of Americans Support a Wealth Tax to Fund Universal Programs 

Supporters of a wealth tax to combat persistent economic inequality in the U.S. pointed to recent polling by Reuters/Ipsos showing that nearly two-thirds of respondents support taxing the rich at higher rates to support programs that would benefit all Americans. 

Source: ‘See? Not Radical’: New Poll Shows Nearly Two-Thirds of Americans Support a Wealth Tax to Fund Universal Programs | Portside