Wealth Inequity and Universal Basic Income
Chuck Collins When Donald Trump was sworn in as the 45th president of the United states, the wealth gap between rich and poor was already very wide. The top 10% of families — those who had at least $942,000 — held 76% of total wealth. The average amount of wealth in this group was $4 million. And the entire bottom half of the population had just 1% of the total wealth pie, this gap continues to rise and when the...
10 Years After The Crash: Recovery Not For All
Like this program? Please show us the love. Click here and support our non-profit journalism. Thanks! This month marks the ten year anniversary of the stock market crash of 2018. And we commemorate the crash by looking at what’s changed in the world of banking and what hasn’t. Nomi Prins, former managing director at Goldman Sachs, discusses her new book, “Collusion: How Central Bankers Rigged the World” She explains the history of...
Wealth Inequity and Universal Basic Income
When Donald Trump was sworn in as the 45th president of the United states, the wealth gap between rich and poor was already very wide. The top 10% of families — those who had at least $942,000 — held 76% of total wealth. The average amount of wealth in this group was $4 million. And the entire bottom half of the population had just 1% of the total wealth pie, this gap continues to rise and when the statistical scope...
How to Occupy the Economy, According to Richard Wolff
Occupy Wall Street has changed the conversation about the distribution of wealth. So what now? What policy changes and initiatives should the movement be pushing for? Economics Professor Richard Wolff has some answers.
