#EconomicInequality

resist47.news

The Enshittification of Everything (Part 2)

via Robert Reich — Friends, This is a continuation of the discussion I began last Friday . The Incredible Shrinking American Middle Class A half-century ago, America had the largest middle class in the history of the nation and of the world. Then, those on the “left” wanted stronger social safety nets and more public investment in schools, roads, and research. Those on the “right” sought greater reliance on the “free market.” But as power and wealth have moved to the top in America (and, to a lesser degree, in oth

citizenportal.ai

Founder says many working Bronx residents still fall through housing safety nets

On BronxNet, Alana Sparrow described "working homeless" residents who earn wages but cannot afford local rents and said program eligibility thresholds and voucher availability leave many without stable housing.

citizenportal.ai

Lawmaker: Trump acts like an oligarch, 'at war against the working class'

A lawmaker accused Donald Trump of prioritizing wealthy interests over everyday workers and framed recent policy proposals on Social Security and Medicare as evidence of that prioritization, saying Americans are "catching on."

youtu.be

Misconceptions About The Future Of Fascist America

YouTube video by Guy Christensen

youtu.be

Intro to the Channel

YouTube video by Mary's Economics

en.killbait.com

The rising cost and complexity of braiding in modern society

This article explores the transformation of braiding from a simple, affordable hairstyle into a costly and time-consuming procedure. The author reflects on their personal experience booking last-minute braiding appointments, highlighting the challenges of scheduling, escalating prices, and the lack of flexibility among salons. In London, knotless braids can cost between £150-£250, while in New York, they range from $450 (£339). The article delves into factors driving these changes, including inflation, shifting beauty standards, and the commercialisation of hairstyles. Black women face additional pressures to conform to these trends, often at significant financial cost. Experts like Anna Gifty Opoku-Agyeman note that while rising prices are partly due to economic factors, systemic issues such as limited investment in Black-owned businesses also contribute. The piece concludes by questioning how society addresses the societal and economic costs of maintaining certain hairstyles.

dlvr.it

Turkmen elites still “robbing” poor with official exchange rate trailing black market sixfold, say critics

Wage billed as worth $1,000 actually worth only $150 to ordinary citizen.

www.washingtonpost.com

As the cost of aging soars, families’ wealth is evaporating

Growing old is eroding the inheritance Americans hoped to leave behind, a Washington Post analysis found. Many will have nothing to pass on.

cepr.net

California Wealth Tax Initiative: A Chance to Express Your Opinion of Billionaires

California voters will decide on a one-time tax on billionaire wealth, raising questions about inequality, state revenue, and political power.