Items tagged with: wealth

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‘World’s Poorest President’ Explains Why We Should Kick Rich People Out Of Politics

#politics #wealth #president #uruguay
‘World’s Poorest President’ Explains Why We Should Kick Rich People Out Of Politics

Spanish far-right party Vox moves forward

After securing 12 seats in Andalusia on December 2 on a pro-Spanish unity and anti-immigration message, Vox got an early start on its campaign for regional and municipal elections in Madrid with a Sunday rally in Torrejón de Ardoz.

Vox’s choice of locations in Madrid is the result of lessons learned from the Andalusian election, where the party attracted nearly 400,000 votes (11% of the total), many of them in municipalities with large numbers of non-EU foreign residents, such as El Ejido, Algeciras or Níjar.

“My kids go to school with immigrant children, and the relationship is good,” says Ana Isabel Oliver, 39. Others who declined to provide their names said that “there are barely any Torrejón-born people left” in the neighborhood of San José because the latter sold their apartments and moved away when the migrants arrived.
#Spain #Europe #EU #News #Vox #FarRight #RightWing #RightWinged #Immigration #Disparity #Separation #Politics #Iberia #Populism #Angst #Fear #Wealth #Poverty #ClassConscience

Amazon CEO Jeff Bezos says giant online retailer will go bankrupt

(If I saw it correctly in the Google listing, it is not the first time he made this remark, although I really wonder why he says this - to shock the shareholders? To shock the customers? An early April Fools joke? No-one knows. Maybe he's going crazy, due to his rapid success.)
What might be even more alarming is that Bezos has been dumping roughly $1 billion worth of Amazon stock every year...

Yep, he's gone crazy. Must be the lack of hair, the sun burn right through his skull.

That’s because another company (less than 1/6th the size of Amazon)…is producing a component so powerful that it is absolutely annihilating the competition.

Also, I guess that the author of this article (See disclaimer below, in the link) fluently speaks Clickbait.
#US #USA #OnlineRetail #Amazon #Bezos #JeffBezos #News #Economy #Economics #Wealth #Craze #Madness

The Spider’s Web

Britain’s Second Empire

The Spider’s Web: Britain’s Second Empire, is a documentary film that shows how Britain transformed from a colonial power into a global financial power. At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures in a web of offshore islands. Today, up to half of global offshore wealth may be hidden in British offshore jurisdictions and Britain and its offshore jurisdictions are the largest global players in the world of international finance. How did this come about, and what impact does it have on the world today? This is what the Spider’s Web sets out to investigate.

With contributions from leading experts, academics, former insiders and campaigners for social justice, the use of stylized b-roll and archive footage, the Spider’s Web reveals how in the world of international finance, corruption and secrecy have prevailed over regulation and transparency, and the UK is right at the heart of this.

#TheSpidersWeb #documentary #film #wealth #power #finance #offshore #jurisdictions #London #Britain #docu-films

26 percent of the people were as lucky as all the rest of the world

It said the widening gap was hindering the fight against poverty, adding that a wealth tax on the 1% would raise an estimated $418bn (£325bn) a year – enough to educate every child not in school and provide healthcare that would prevent 3 million deaths.

Assuming that this one percent would even be paid. But these people didn't become that rich by paying their taxes fairly. It's the problem we have with laws that are not enforced enough: Some people are benevolent, and some people should be shot on sight. Now guess who belongs in which category.

Oxfam said the wealth of more than 2,200 billionaires across the globe had increased by $900bn in 2018 – or $2.5bn a day. The 12% increase in the wealth of the very richest contrasted with a fall of 11% in the wealth of the poorest half of the world’s population.

The poorest 10% of Britons are paying a higher effective tax rate than the richest 10% (49% compared with 34%) once taxes on consumption such as VAT are taken into account.

#Global #News #Politics #Capitalism #CapitalismKills #Neoliberalism #Wealth #WealthDisparity #Poverty #War #NoWar #NoNationalism #NoPatriotism #Corporatism #NoCorporatism #Freedom #SaveThePeople #Environment #Environmentalism #EatTheRich #Anarchy #Anarchism #NoGodsNoMasters #OnlyThePeople #WeThePeople
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