Pretty shocking numbers if wealth being hoovered up.Note that the UBI is supposed to address the effects of inequality — but won't. The obvious way to do this is to preempt economic rent extraction and mop up the residual by taxing it away. But that would require a shift in political power relations.Occasional Links & CommentaryInequality in the United States—pandemic edition David F. Ruccio | Professor of Economics, University of Notre DameSee alsoCounterpunchTrump’s Destruction of America Started With ReaganThom Hartmann
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00
Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow
Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten
Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.
Pretty shocking numbers if wealth being hoovered up.
Note that the UBI is supposed to address the effects of inequality — but won't. The obvious way to do this is to preempt economic rent extraction and mop up the residual by taxing it away. But that would require a shift in political power relations.
Occasional Links & Commentary
Inequality in the United States—pandemic edition
David F. Ruccio | Professor of Economics, University of Notre Dame
See also
Counterpunch
Trump’s Destruction of America Started With Reagan
Thom Hartmann