‘Staggering’ New Data Shows Income of Top 1% Has Grown 100 Times Faster Than Bottom 50% Since 1970

Growth vs degrowth!

by Julia Conley, staff writer

“The bulk of a generation of economic growth has been captured and concentrated in a few hands, and many people have barely seen any of it.”
Amazon CEO Jeff Bezos, Microsoft founder Bill Gates, and Berkshire Hathaway CEO Warren Buffett are the three richest people in the U.S., with more combined wealth than the bottom 50% of the population. (Photo: Drew Angerer/Getty Images, Michael Cohen/Getty Images/The New York Times, Fortune Live Media/Flickr/cc) New data released by an economist focused on inequality and the accumulation of wealth by top earners explains the numbers behind Sen. Bernie Sanders’ often-cited statistic that the three richest Americans hold more wealth than the 160 million people who make up the bottom 50% of the population.

https://www.commondreams.org/news/2019/12/09/staggering-new-data-shows-income-top-1-has-grown-100-times-faster-bottom-50-1970

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Towards a new reconfiguration among the state, civil society and the market

Our goal is to outline the general aspects of a political agenda for a gradual transition to a commons-oriented, social knowledge economy.

http://commonsstrategies.org/towards-a-new-reconfiguration-among-the-state-civil-society-and-the-market/

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CBC Ideas – December 2013 – The Degrowth Paradigm – Richard Swift

The degrowth movement is a relatively new contender in the economic and political debates that swirl around humanity’s future. Degrowthers believe we need a more modest and sane alternative to the constant pressures of expansion that are destroying the ecological basis of our existence. Author and essayist Richard Swift explores the degrowth alternative, in theory and in practice. **This episode originally aired December 13, 2013.

https://www.cbc.ca/radio/ideas/the-degrowth-paradigm-1.2914099

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Towards a new reconfiguration among the state, civil society and the market

Michel Bauwens and Vasilis Kostakis

This essay tries to outline the general aspects of a political agenda for a gradual transition to a commons-oriented, social knowledge economy.

http://commonsstrategies.org/towards-a-new-reconfiguration-among-the-state-civil-society-and-the-market/

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Mass consumerism is decimating our planet. This Black Friday, let’s take a stand

With climate catastrophe on the horizon, we should reject this orgy of consumption – and find joy in not shopping at all

https://www.theguardian.com/commentisfree/2019/nov/29/mass-consumerism-black-friday-climate-catastrophe-consumption-shopping

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Bolivia, Lithium and Hijacking the Environmental Movement

The price of renewable energy continues to drop, which is a good thing, and some new technologies like that from Bill Gates hold promise. But no single disruptive energy generating technology has emerged to sufficiently course-correct against ecological collapse…. As is often said, you can’t expect the system to fix the system.

https://solarian.ca/bolivia-lithium-and-hijacking-the-environmental-movement/

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It’s not thanks to capitalism that we’re living longer, but progressive politics

Jason Hickel

In recent years prominent pundits including Steven Pinker, Jordan Peterson and Bill Gates have invoked the progress in global life expectancies to defend capitalism against a growing tide of critics. It’s a familiar story. The prevailing narrative is that capitalism was a progressive force that put an end to serfdom and set off a dramatic rise in living standards. But this fairytale doesn’t hold up against the evidence.

https://www.theguardian.com/commentisfree/2019/nov/22/progressive-politics-capitalism-unions-healthcare-education

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