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Wealth inequality

PDF of January 30 issue

PDF of January 30 issue – Workers World Copyright © 2024 Workers.org

Trump’s Gaza ethnic cleansing: We say no!

Home » Editorials » Trump’s Gaza ethnic cleansing: We say no! Tens of thousands of Palestinians take the long walk home back to northern Gaza, Jan. 27, 2025. The late U.S. National Security Adviser Zbigniew Brzezinski saw the world in the framework of a chessboard and looked for strategies that would keep Washington and Wall…
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Podcast: Pandemic Profiteering – How Billionaires Are Looting American Taxpayers

Welcome to MintCast, the official MintPress News podcast hosted by Mnar Muhawesh. MintCast is an interview podcast featuring dissenting voices, independent researchers, and journalists the establishment would rather silence. In this episode, we are joined by MintPress News senior staff writer, Alan MacLeod. MacLeod covers everything from socioeconomic inequality, the oligarch class in Western nations, U.S. foreign policy in…

Media Elite Denounce Looting Even as Billionaires Reap Record Profits from Taxpayer-Funded Bailouts

The extrajudicial killing of African-American man George Floyd by Police Officer Derek Chauvin sparked a storm of protests both in Minneapolis and across the country. These have included large peaceful demonstrations, but also arson, destruction of property and looting. Police have abandoned multiple precincts in the face of overwhelming popular rage. The Reverend Martin Luther…

“Germ-Ridden Masses” – How America’s Wealthy Elite Describe the Rest of Us

Many of the world’s super wealthy are trying to wait out the COVID-19 pandemic on their luxury yachts. But how to get to them without interacting with the public and catching the virus themselves? Such are the difficult quandaries only billionaires have to deal with. Fortunately, financial news outlet Bloomberg has solved the big question of…

Study: Coronavirus Has a Been a Massive Boon for America’s Billionaires

America’s billionaires have seen their wealth increase by 12.5 percent during the COVID-19 lockdown period. The Institute for Policy Studies (IPS), a Washington, D.C.-based think tank, released a study Thursday showing that, in the eight weeks between March 18 and May 14, the country’s super wealthy have added a further $368.8 billion to their already…

Study: Coronavirus Has Been a Massive Boon for America’s Billionaires

America’s billionaires have seen their wealth increase by 12.5 percent during the COVID-19 lockdown period. The Institute for Policy Studies (IPS), a Washington, D.C.-based think tank, released a study Thursday showing that, in the eight weeks between March 18 and May 14, the country’s super wealthy have added a further $368.8 billion to their already…

World’s Super Rich Buying Pandemic Escape Mansions in New Zealand

Instead of paying $24,000 for a haircut or spending $120,000 on a banana duct taped to a wall, the world’s super wealthy have found a new commodity to purchase: pandemic bunkers in New Zealand. A number of the planet’s richest people, including billionaire co-founder of Paypal Peter Thiel, have, amidst a growing global pandemic, escaped to the…

America’s Super-Rich See Their Wealth Rise by $282 Billion in Three Weeks of Pandemic

A new report from the Institute for Policy Studies found that, while tens of millions of Americans have lost their jobs during the coronavirus pandemic, America’s ultra-wealthy elite have seen their net worth surge by $282 billion in just 23 days. This is despite the fact that the economy is expected to contract by 40 percent this quarter. The…

25 Families Own $1.1 Trillion Between Them as the Global Wealth Inequality Gap Grows

Once a family-owned business Forbes is well known for producing their annual list of the world’s richest billionaires. Launched in 1982 the original list ranked the top 400 Americans by net worth. Only 13 billionaires were included in that list, and their combined worth was the equivalent of 2.8% of GDP. In an era where…

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PDF of January 30 issue

PDF of January 30 issue – Workers World Copyright © 2024 Workers.org

Trump’s Gaza ethnic cleansing: We say no!

Home » Editorials » Trump’s Gaza ethnic cleansing: We say no! Tens of thousands of Palestinians take the long walk home back to northern Gaza, Jan. 27, 2025. The late U.S. National Security Adviser Zbigniew Brzezinski saw the world in the framework of a chessboard and looked for strategies that would keep Washington and Wall…

Trump’s government: for and by the billionaires

From left: Mark Zuckerberg, Lauren Sanchez and future spouse Jeff Bezos, Sundar Pichai and Elon Musk at Trump’s inauguration, Washington, D.C., Jan. 20, 2025. Entering his second term, President Donald Trump ripped the curtain off the myth of U.S. democracy being “of, by and for the people.” So far, at least 14 billionaires, including Trump,…

Jerusalem Post Targets MintPress After Exposé on Israeli Spies in US Media

In December, The Jerusalem Post published an investigation from Nicholas Potter, a “counter-extremism expert,” who falsely accused MintPress News of being part of a network of far-left, foreign government-funded outlets that push conspiracy theories and anti-Semitic extremism. The claims are untrue and are particularly ironic, considering the calls for the extermination and expulsion of Palestinians…