Accelerating Concentration of Income and Wealth: Another Positive Feedback Loop

That which seems to be wealth may in verity be only the gilded index of far-reaching ruin. ~ John Ruskin [1]p.187 Everybody seems to know that the concentration of income and wealth among “the one percent” has accelerated in recent years. Actually, the most extreme concentration is in the top one percent of the top … More Accelerating Concentration of Income and Wealth: Another Positive Feedback Loop

Why a Return to Progressive Taxation is necessary…and Right

The accelerating concentration of income and wealth in the upper 1% of the upper 1% of the population and the failure of the “growth” economy to serve the population that supports it, are not only moral questions of fairness. The distribution of income and wealth are also important elements of the health of the economy … More Why a Return to Progressive Taxation is necessary…and Right