45 Matching Annotations
  1. Nov 2020
    1. Jeff Bezos has so much money he doesn’t know what to do with it all, so he figures he’d might as well spend it on spaceships. That’s what the Amazon.com Inc. AMZN, -1.04%   founder and chief executive told Mathias Döpfner, the CEO of Business Insider parent Axel Springer, in an interview published over the weekend.
  2. Sep 2020
    1. Longer term, the report says the gap must be addressed by expanding healthcare access for all Americans. In New York City, the center of the pandemic, Covid-19 is killing black and Latino people at twice the rate of white patients. One factor is the higher proportion of uninsured people in communities of color.

      This is why I doubt Snowden's claim that most plagues did not discriminate against the poor or rich. The poor will always have it worse as they are forced to congregate with others for income and live in unsanitary conditions, for example

    2. In the 12 weeks between 18 March and 11 June, the combined wealth of all US billionaires increased by more than $637bn to a total of $3.581tn, more than the entire wealth of the US’s 59 million Latinx population combined and equal to three-quarters of all Black wealth, according to an analysis by the Institute for Policy Studies (IPS).

      Rich get richer while poor get poorer. Why is this? Perhaps find an article explaining this

    3. Over the same period, 44 million Americans lost their jobs and filed for unemployment insurance. The numbers have declined from a one week peak of 6.6 million in April but are still historically high. More than 3 million people have filed for unemployment in the last two weeks alone. Latinx and African American people have been hit hardest by the layoffs.

      research unemployment statistics more, compare to financial hardships in pandemics throughout history

    4. The share of households of color with zero or “negative” wealth, meaning their debts exceed the value of their assets, is much higher than the share of white households. According to the report, 37% of black families and 33% of Latino families have zero or negative wealth, compared to just 15.5% of white families. Black Americans have a homeownership rate of just 44%, compared to a white homeownership rate over 70%.

      how are communities with zero or negative wealth harmed during pandemics? Do research on this

  3. Aug 2020
    1. Remote work distributes wealth into the whole system

      I think there is potential to do that, but then you hear cases like how some companies have reduced the pay for remote workers based on the cost of living of the cities that they live in.

  4. Jul 2020
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  6. May 2020
  7. Apr 2020
  8. Jul 2018
    1. One of the simplest reasons so many clamor for formal spaces is because they are a signifier of wealth and prestige, a sign of having “made it.”
  9. Oct 2017
    1. Wealth and high office also supported claims to fine lineage.
    2. advancement
    3. The most lucrative and influential government positions involved tax collection.
    4. conspicuous
    5. Most people were employed in manufacturing or the retail trade, largely in the areas of food, clothing, and construction, in which the bulk of demand was concentrated

      Most people were employed in manufacturing or the retail trade, largely in the areas of food, clothing, and

      construction, in which the bulk of demand was concentrated

  10. Jan 2017
  11. Oct 2016
    1. Those are pearls that were his eyes

      This piece is repeated from the first book of the poem during the tarot reading. This repetition draws me back to that and makes me think that section has power through the entire poem. Not only that, but it takes on new meaning because this book has great emphasis on wealth and material items.

    2. The glitter of her jewels rose to meet it,

      So far, this suggests that the woman is wealthy and of high status. I imagine her jewels in a a rectangular box, all mixed together, so she can run her hands through them and decide which one to wear. It sounds like she has many, she doesn't even need candles.

  12. Feb 2016
    1. From Mexico, Spain expanded northward. Lured by the promises of gold and another Tenochtitlán, Spanish expeditions scoured North America for another wealthy Indian empire.

      It's always interesting to see that the pattern in history was always to chase riches and are fueled by promises of resource, whether it be consumable resources or precious metals.

  13. Dec 2015
  14. Jul 2015
    1. This document presents details on the wealth and income distributions in the United States, and explains how we use these two distributions as power indicators.

      Testing out this app....

  15. Dec 2014
    1. Creating a Workforce Housing Equity Fund: Tech companies taking advantage of tax breaks should pay into a Workforce Housing Equity Fund for building affordable housing as part of their Community Benefits Agreements.

      Now we're talking. Welcome the new wealth, tax the hell out of it, and re-invest that in equitable developments.

  16. Feb 2014
    1. The breakthrough patent that produces a Polaroid company is more the exception than the rule. The rule is the modestly successful novelist, the minor [*292] poet, and the university researcher -- all of whom may profit by licensing or selling their creations.

      Breakthrough patent of Polaroid (the exception) vs modestly successful novelist (the more common case)

    2. In the final analysis, intellectual property shares much of the origins and orientation of all forms of property. At the same time, however, it is a more neutral institution than other forms of property: its limited scope and duration tend to prevent the very accumulation of wealth that Burke championed.
  17. Oct 2013
    1. What a man wants to be is better than what a man wants to seem, for in aiming at that he is aiming more at reality. Hence men say that justice is of small value, since it is more desirable to seem just than to be just, whereas with health it is not so. That is better than other things which is more useful than they are for a number of different purposes; for example, that which promotes life, good life, pleasure, and noble conduct. For this reason wealth and health are commonly thought to be of the highest value, as possessing all these advantages.

      I think that we still seek health and wealth above all else.

  18. Sep 2013
    1. Wealth as a whole consists in using things rather than in owning them; it is really the activity -- that is, the use -- of property that constitutes wealth.

      Definition of wealth as an activity, we are only wealthy through spending--an interesting idea. Then I know a lot of wealthy people, don't mind their credit card debt

    1. GORGIAS: What is there greater than the word which persuades the judges in the courts, or the senators in the council, or the citizens in the assembly, or at any other political meeting?—if you have the power of uttering this word, you will have the physician your slave, and the trainer your slave, and the money-maker of whom you talk will be found to gather treasures, not for himself, but for you who are able to speak and to persuade the multitude.

      Rhetoric can give freedom and create slavery, give power and wealth.