- Oct 2024
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www.carnegie.org www.carnegie.org
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The price we pay for this salutary change is, no doubt, great.
for - quote / critique - The price we pay for this salutary change is, no doubt, great - Andrew Carnegie
quote / critique - The price we pay for this salutary change is, no doubt, great - Andrew Carnegie - Carnegie goes on to write that the great freedoms offered by industrial mass production has an unavoidable price to be paid - Successful manufacturing and production cooperatives, B-Corporations, worker-owned companies, etc have disproved that it is an either-or situation. - Consider the case of the Spanish manufacturing giant, Mondragon, a federation of worker cooperatives employing 70,000 people located in Spain - where this price is NOT paid - Carnegie's essay reflects a perspective based on the time when he was alive - Were Carnegie alive today to witness the natural conclusion of his trend of progress in the Anthropocene, he would witness - extreme pollution levels of industrial mass production threatening to destabilize human civilization itself - astronomical wealth inequality - And these two are linked: - wealth inequality - a handful of elites have the same wealth as the bottom half of humanity - carbon inequality - that same handful pollutes as much as the bottom half of humanity
to - Mondragon cooperative - explore - https://hyp.is/GeIKao1rEe-9jA_97_KRBg/exploremondragon.com/en/ - Oxfam wealth and carbon inequality reports - https://jonudell.info/h/facet/?max=100&expanded=true&user=stopresetgo&exactTagSearch=true&any=oxfam
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the right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions.
for - critique - extreme wealth inequality cannot be avoided for the greater improvement of society - The Gospel of Wealth - Andrew Carnegie - stats - Mondragon corporation - comparison of pay difference between highest paid and lowest paid - adjacency - Gandhi quote - Andrew Carnegie beliefs in The Gospel of Wealth
critique - extreme wealth inequality cannot be avoided for the greater improvement of society - The Gospel of Wealth - Andrew Carnegie - It's a matter of degree - Wealth differences within US corporations of 344 to 1 are obscene and not necessary, as proven by - Wealth difference of 6 to 1 in Mondragon federation of cooperatives - To quote - Gandhi, there is enough to meet everyone's needs but not enough to meet everyone's greed - The great problem with such large wealth disparity is that those who know how to game the system can earn obscene amounts of money - and since the concept of luxury goods is made desirable and proportional to monetary wealth, it creates a positive feedback loop of insatiability - The combination of engaging in ever greater luxury lifestyle and power is intoxicating and addictive
to - stats - Mondragon corporation - comparison of pay difference between highest paid and lowest paid - https://hyp.is/QAxx-o14Ee-_HvN5y8aMiQ/www.csmonitor.com/Business/2024/0513/income-inequality-capitalism-mondragon-corporation
Tags
- critique - extreme wealth inequality cannot be avoided for the greater improvement of society - The Gospel of Wealth - Andrew Carnegie
- to - Mondragon cooperative - explore
- quote / critique - The price we pay for this salutary change is, no doubt, great - Andrew Carnegie
- adjacency - Gandhi quote - Andrew Carnegie beliefs in The Gospel of Wealth
- Oxfam wealth and carbon inequality reports
- stats - Mondragon corporation - comparison of pay difference between highest paid and lowest paid
Annotators
URL
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- Jul 2024
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en.wikipedia.org en.wikipedia.org
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https://en.wikipedia.org/wiki/Matthew_effect
The Matthew effect of accumulated advantage, sometimes called the Matthew principle, is the tendency of individuals to accrue social or economic success in proportion to their initial level of popularity, friends, and wealth. It is sometimes summarized by the adage or platitude "the rich get richer and the poor get poorer". The term was coined by sociologists Robert K. Merton and Harriet Zuckerman in 1968 and takes its name from the Parable of the Talents in the biblical Gospel of Matthew.
related somehow to the [[Lindy effect]]?
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- Jan 2024
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docdrop.org docdrop.org
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why is, are so many working class whites driving toward the hard right and wanting to support, you know, what seemed to us kind of insane policies? Well, people are desperate. They're looking for the answer. They're looking for the problem, and they're being told the problem is immigrants. And we don't look at wealth as the problem.
- for: the real BIG LIE, elephant in the room - wealth inequality, working class driven to hard right
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- Nov 2023
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en.wikipedia.org en.wikipedia.org
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https://en.wikipedia.org/wiki/Boots_theory
“The Sam Vimes "Boots" Theory of Economic Injustice runs thus:<br /> At the time of Men at Arms, Samuel Vimes earned thirty-eight dollars a month as a Captain of the Watch, plus allowances. A really good pair of leather boots, the sort that would last years and years, cost fifty dollars. This was beyond his pocket and the most he could hope for was an affordable pair of boots costing ten dollars, which might with luck last a year or so before he would need to resort to makeshift cardboard insoles so as to prolong the moment of shelling out another ten dollars.<br /> Therefore over a period of ten years, he might have paid out a hundred dollars on boots, twice as much as the man who could afford fifty dollars up front ten years before. And he would still have wet feet.<br /> Without any special rancour, Vimes stretched this theory to explain why Sybil Ramkin lived twice as comfortably as he did by spending about half as much every month.”<br /> ― Terry Pratchett, Men at Arms (1993)
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- Aug 2023
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ips-dc.org ips-dc.org
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REPORT: Executive Excess 2023 - Institute for Policy Studies by Sarah Anderson in August 2023
see article about this report at https://hypothes.is/a/D6qzfENbEe6qDg8H-IEo6g
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www.theguardian.com www.theguardian.com
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Lauren Aratani in CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds at 2023-08-24 (accessed:: 2023-08-25 08:20:02)
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docdrop.org docdrop.org
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what I'm advocating here isn't radical redistribution it's merely more 00:13:08 redistribution in a and structurally dependable manner that is fair that is inclusive and that allows for the poor and improvised Nations to be granted excess not just a vital strategic resources that are very much needed in 00:13:21 maintaining the quality of life at own citizens but also more importantly the ropes to climb the ladder
- for: W2W, TPF, stats, inequality, wealth redistribution, wealth tax, quote, quote - wealth tax, quote - inequality, stats, stats - inequality, stats - wealth tax
- quote
- stats
- An annual wealth tax of just 5% on multi-millionaires and billionaires
- could raise US $1.7 trillion a year
- enough to lift 2 billion people out of poverty
- author Institute for Policy (2023)
- comment
- that breaks down to approximately $US 1,000 per person for 2 billion people from the 1% elites
- this is pretty reasonable
- W2W can begin with this simple VOLUNTARY ASK
- if the multi-millionaires and billionaires do just this consistently, then it is so little from their coffers and they could avoid a wealth tax by simply stepping up voluntarily
- Could W2W motivate them to?
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robertreich.substack.com robertreich.substack.com
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https://robertreich.substack.com/p/welcome-to-my-class
Robert Reich course “Wealth and Poverty” 2023
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- Jul 2023
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www.nature.com www.nature.com
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- for: carbon inequality, w2w, leverage point - climate change, 1%, inequality, wealth tax
- title
- The role of high-socioeconomic-status people in locking in or rapidly reducing energy-driven greenhouse gas emissions
- authors
- Kristian S. Nielsen
- Kimberly A. Nicholas
- Felix Creutzig
- Thomas Dietz
- Paul C. Stern
- date
- Sept 30, 2021 -source
- https://www.nature.com/articles/s41560-021-00900-y
- abstract
- People with high socioeconomic status disproportionally affect energy-driven greenhouse gas emissions directly
- through their consumption and
- indirectly through their financial and social resources.
- However, few climate change mitigation initiatives have targeted this population segment,
- and the potential of such initiatives remains insufficiently researched.
- In this Perspective, we analyse key characteristics of high-socioeconomic-status people and explore five roles through which they have a disproportionate impact on energy-driven greenhouse gas emissions and potentially on climate change mitigation, namely as:
- consumers,
- investors,
- role models,
- organizational participants and
- citizens.
- We examine what is known about their disproportionate impact via consumption and
- explore their potential influence on greenhouse gas emissions through all five roles.
- We suggest that future research should focus on strategies to reduce greenhouse gas emissions by high-socioeconomic-status people and to align their
- investments,
- organizational choices and
- actions as social and political change agents
- with climate change mitigation goals.
- People with high socioeconomic status disproportionally affect energy-driven greenhouse gas emissions directly
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patrioticmillionaires.org patrioticmillionaires.org
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- for: inequality, carbon inequality, 1%, wealth tax
Tags
Annotators
URL
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www.oxfam.org www.oxfam.org
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- for: inequality, climate justice, wealth tax
- policy paper
- title
- survival of the richest
- date
- Jan 16, 2023
- executive summary
- Since 2020, the richest 1% have captured almost two-thirds of all new wealth
- nearly twice as much money as the bottom 99% of the world’s population.
- Billionaire fortunes are increasing by $2.7bn a day,
- even as inflation outpaces the wages of at least 1.7 billion workers, more than the population of India.7
- Food and energy companies more than doubled their profits in 2022,
- paying out $257bn to wealthy shareholders,
- while over 800 million people went to bed hungry
- Only 4 cents in every dollar of tax revenue comes from wealth taxes and
- half the world’s billionaires live in countries with no inheritance tax on money they give to their children.
- A tax of up to 5% on the world’s multi-millionaires and billionaires could raise $1.7 trillion a year,
- enough to lift 2 billion people out of poverty, and fund a global plan to end hunger.
- Since 2020, the richest 1% have captured almost two-thirds of all new wealth
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oxfamilibrary.openrepository.com oxfamilibrary.openrepository.com
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- for: inequality, wealth tax, climate justice, earth system justice
- policy paper
- title
- Survival of the Richest
- source
- Oxfam
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date
- Jan 2023
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Executive Summary
- Since 2020, the richest 1% have captured almost two-thirds of all new wealth
- nearly twice as much money as the bottom 99% of the world’s population.
- Billionaire fortunes are increasing by $2.7bn a day,
- even as inflation outpaces the wages of at least 1.7 billion workers, more than the population of India.7
- Food and energy companies more than doubled their profits in 2022,
- paying out $257bn to wealthy shareholders,
- while over 800 million people went to bed hungry
- Only 4 cents in every dollar of tax revenue comes from wealth taxes and
- half the world’s billionaires live in countries with no inheritance tax on money they give to their children.
- A tax of up to 5% on the world’s multi-millionaires and billionaires could raise $1.7 trillion a year,
- enough to lift 2 billion people out of poverty, and fund a global plan to end hunger.
- Since 2020, the richest 1% have captured almost two-thirds of all new wealth
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- Apr 2023
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www.rapidtransition.org www.rapidtransition.org
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Siehe auch: World's 5% 'Polluter Elite' Responsible for 37% of Global Emissions Growth, Study Concludes - EcoWatch, das Buch Carbon Inequality: The Role of the Richest in Climate Change - 1st Edi, den Bericht über die IPCC-Beratungen zur Studie des Konzeptwerks Neue Ökonomie Maßnahmen gegen die Klimakrise: Ein Flug alle drei Jahre - taz.de
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- Mar 2023
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www.nature.com www.nature.com
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The black line in Fig. 5 shows that redistribution is not enough; if everyone’s emissions are equalized at escape from poverty levels, then we would still overshoot the climate boundaries
- First stage of characterizing the Safe and Just Corridor
- The black line in Fig. 5 shows that
- redistribution is not enough
- if everyone’s emissions are equalized at escape from poverty levels, then
- we would STILL overshoot the climate boundaries (annotator's emphasis)
- hypothetical pressure from 62% of humanity that is lacking humane access to resources is equal to the pressure exerted by 4% of the elits of humanity
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- Sep 2022
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We will also examine wealth inequality. This is analogous toincome inequality but is looking at the distribution of economic assets ratherthan income. Net worth refers to all of one’s assets minus all of one’s debts.Financial wealth is exactly the same but does not include the equity that onehas built up in a home.6
compare with income inequality: https://hypothes.is/a/_JLGuj3HEe2dJFdOJRcvaQ
Tags
Annotators
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- Jul 2022
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docdrop.org docdrop.org
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this is going to be a really critical year uh for public goods uh generation um and here at year i'm using 00:00:40 you know starting from now through the end of 2022 and the beginning of 2023. uh so what i'm going to go through is a case for why this year really matters and why this decade really matters in 00:00:53 the century
Why is 2022 a critical year to fund projects that build the commons?
From a scientific, commons and Stop Reset Go perspective, humanity now stands at the doorsteps of the Anthropocene and we as a species have collectively shaped the planet in a way that is harming many species on the globe, including our own.
We are at a bifurcation point in human history, a fork in the road and the next few years will determine the course of humanity for the next thousands of years to come.
The funneling of human resources to the few elites at the top leaves the majority of humanity little agency to determine our own future and carbon emissions are also related to structural inequality: https://hyp.is/go?url=https%3A%2F%2Fwww.oxfam.org%2Fen%2Fpress-releases%2Fcarbon-emissions-richest-1-percent-more-double-emissions-poorest-half-humanity&group=world
See Jason Hickel's arguments against the overly optimistic story that Neoliberal capitalism has alleviated poverty. Hickel finds the opposite when critical analysis is applied to the rosy claims that Steven Pinker and Bill Gates make: https://hyp.is/go?url=https%3A%2F%2Fjacobin.com%2F2019%2F02%2Fsteven-pinker-global-poverty-neoliberalism-progress&group=vnpq69nW
Funding projects in the commons counters the wealth of elites, a trend that is counter to planetary health because it continues degrading the environment through carbon inequality:
and wealth inequality.
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- Jun 2022
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Local file Local file
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Between 1914 and 1980, inequalities in income and wealth decreasedmarkedly in the Western world as a whole (the United Kingdom,Germany, France, Sweden, and the United States), and in Japan,Russia, China, and India, although in different ways, which we willexplore in a later chapter. Here we will focus on the Western countriesand improve our understanding of how this “great redistribution”took place.
Inequalities in income and wealth decreased markedly in the West from 1914 to 1980 due to a number of factors including:<br /> - Two World Wars and the Great Depression dramatically overturned the power relationships between labor and capital<br /> - A progressive tax on income and inheritance reduced the concentration of wealth and helped increase mobility<br /> - Liquidation of foreign and colonial assets as well as dissolution of public debt
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- Jan 2022
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www.youtube.com www.youtube.com
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https://www.youtube.com/watch?v=QPKKQnijnsM
And this was from 2012... I wonder how much worse it is today?
Tags
Annotators
URL
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- Nov 2021
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docdrop.org docdrop.org
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this is a fundamental issue of justice and equity so the top one percent uh in 00:09:22 terms of wealth around the world use 15 produce 15 of the greenhouse gas emissions which is twice as much as the bottom 50 percent whose total 00:09:34 emissions are just seven percent of the total so we're looking at uh a very small number of people grabbing the lion's share of natural wealth they claim to be wealth creators they're actually taking 00:09:47 wealth from the rest of us they're saying we're going to have all this atmospheric space for ourselves and incidentally all these other resources all the mahogany and the gold and the 00:09:58 diamonds and the bluefin tuna sushi and whatever else that they're consuming on a massive scale and this is driven by to a very large extent by their remarkable disproportionate use of aviation 00:10:12 there's one set of figures suggesting that the richest one percent are responsible for 50 of the world's aviation emissions but also by their yachts for example the average 00:10:24 um commonal garden super yacht um kept on standby for a billionaire to step onto whenever he wants um produces 7 000 tons of carbon dioxide per year 00:10:38 if we're to meet even the conventional accounting for staying within 1.5 degrees of global heating our maximum emissions per person are around 2.3 00:10:49 tons so one super yacht is what over 3 000 people's worth of emissions this is just grossly outrageously unfair and we should rebel 00:11:01 against the habit of the very rich of taking our natural wealth from us
Stop Reset Go needs to implement a STOP the STEAL! campaign against the elites and luxury producers and also a WEALTH to WELLth program to transition high carbon consumption lifestyle to a low one that helps the wealthy funnel their wealth into climate justice and become carbon heros instead of carbon villains.
See the reports that George Monbiot is referring to:
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www.annualreviews.org www.annualreviews.org
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A final cluster gathers lenses that explore phenomena that are arguably more elastic and with the potential to both indirectly maintain and explicitly reject and reshape existing norms. Many of the topics addressed here can be appropriately characterized as bottom-up, with strong and highly diverse cultural foundations. Although they are influenced by global and regional social norms, the expert framing of institutions, and the constraints of physical infrastructure (from housing to transport networks), they are also domains of experimentation, new norms, and cultural change. Building on this potential for either resisting or catalyzing change, the caricature chosen here is one of avian metaphor and myth: the Ostrich and Phoenix cluster. Ostrich-like behavior—keeping heads comfortably hidden in the sand—is evident in different ways across the lenses of inequity (Section 5.1), high-carbon lifestyles (Section 5.2), and social imaginaries (Section 5.3), which make up this cluster. Yet, these lenses also point to the power of ideas, to how people can thrive beyond dominant norms, and to the possibility of rapid cultural change in societies—all forms of transformation reminiscent of the mythological phoenix born from the ashes of its predecessor. It is conceivable that this cluster could begin to redefine the boundaries of analysis that inform the Enabler cluster, which in turn has the potential to erode the legitimacy of the Davos cluster. The very early signs of such disruption are evident in some of the following sections and are subsequently elaborated upon in the latter part of the discussion.
The bottom-up nature of this cluster makes it the focus area for civil society movements, human inner transformation (HIT) approaches and cultural methodologies.
Changing the mindset or paradigm from which the system arises is the most powerful place to intervene in a system as Donella Meadows pointed out decades ago in her research on system leverage points: https://donellameadows.org/archives/leverage-points-places-to-intervene-in-a-system/
The sleeping giant of billions of potential change actors remains dormant. How do we awaken them and mobilize them. If we can do this, it can constitute the emergence of a third unidentified actor in system change.
The Stop Reset Go (SRG) initiative is focused on this thematic lens, bottom-up, rapid whole system change, with Deep Humanity (DH) as the open-source praxis to address the needed shift in worldview advocated by Meadows. One of the Deep Humanity programs is based on addressing the psychological deficits of the wealthy, and transforming them into heroes for the transition, by redirecting their WEALTH-to-WELLth.
There are a number of strategic demographics that can be targeted in methodical evidence-based ways. Each of these is a leverage point and can bring about social tipping points.
A number of 2021 reports characterize the outsized impact of the top 1% and top 10% of humanity. Unless their luxury, high ecological footprint behavior is reeled in, humanity won't stand a chance. Annotation of Oxfam report: https://hyp.is/go?url=https%3A%2F%2Foxfamilibrary.openrepository.com%2Fbitstream%2Fhandle%2F10546%2F621305%2Fbn-carbon-inequality-2030-051121-en.pdf&group=__world__ Annotation of Hot or Cool report: https://hyp.is/go?url=https%3A%2F%2Fhotorcool.org%2Fhc-posts%2Frelease-governments-in-g20-countries-must-enable-1-5-aligned-lifestyles%2F&group=__world__
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- Mar 2021
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zcomm.org zcomm.org
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Preliminary results from the first year are tantalizing for anyone interested in solutions to address rising inequality in the United States, especially as they manifest along racial and gender lines. Within the first year, the study’s participants obtained jobs at twice the rate of the control group. At the beginning of the study, 28 percent of the participants had full-time employment, and after the first year, that number rose to 40 percent.
This is what happened when 125 participants were given $500/month over two years to see what would happen.
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Alfani, G. (2020, October 15). Pandemics and inequality: A historical overview. VoxEU.Org. https://voxeu.org/article/pandemics-and-inequality-historical-overview
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- Dec 2020
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www.nytimes.com www.nytimes.com
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wealth persist across racial groups.
EXAMINE THE SYSTEMS WHICH HELP TO ENFORCE THIS RACIAL INCOME DIVIDE! Most relate. Fixing these systems could help to bridge the income gap between racial groups. Even laws so ingrained in us.
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- Sep 2020
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www.bloomberg.com www.bloomberg.com
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Harvard’s Chetty Finds Economic Carnage in Wealthiest ZIP Codes. (2020, September 24). Bloomberg.Com. https://www.bloomberg.com/news/features/2020-09-24/harvard-economist-raj-chetty-creates-god-s-eye-view-of-pandemic-damage
Tags
- employment
- inequality
- data
- disproportionate impact
- economy
- visualization
- graph
- socioeconomic status
- COVID-19
- lang:en
- wealth
- is:news
- podcast
Annotators
URL
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news.northeastern.edu news.northeastern.edu
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If rich countries monopolize COVID-19 vaccines, it could cause twice as many deaths as distributing them equally. (n.d.). Retrieved September 17, 2020, from https://news.northeastern.edu/2020/09/14/if-rich-countries-monopolize-covid-19-vaccines-it-could-cause-twice-as-many-deaths-as-distributing-them-equally/
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www.nytimes.com www.nytimes.com
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Goodman, J. D. (2020, August 31). A Quick Virus Test? Sure, If You Can Afford It. The New York Times. https://www.nytimes.com/2020/08/31/nyregion/rapid-coronavirus-test.html
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- May 2020
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psyarxiv.com psyarxiv.com
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Du, H., Chen, A., Chi, P., & King, R. B. (2020, May 7). Income Inequality Reduces Civic Honesty. https://doi.org/10.31234/osf.io/upm47
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- Apr 2020
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psyarxiv.com psyarxiv.com
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Im, H., Ahn, C., Wang, P., & Chen, C. (2020, April 13). An Early Examination: Psychological, Health, and Economic Correlates and Determinants of Social Distancing Amidst COVID-19. https://doi.org/10.31234/osf.io/9ravu
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