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Robert Reich
@rbreich.bsky.social
Berkeley professor, former Secretary of Labor. Co-founder of Inequality Media. Substack: robertreich.substack.com | Mastodon: masto.ai/@rbreich | LinkTree: linktr.ee/rbreich
34.5k followers79 following1.5k posts
RRrbreich.bsky.social

801 US billionaires control a record $6.2 trillion in wealth. The bottom 50% of Americans control $3.7 trillion in wealth. When 801 people control more wealth than half a country’s population, we have a very serious problem.

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CSdrosgood.bsky.social

How long would it take to find and eat 801 billionaires?

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Weren't you part of a particular administration that helped make this such a huge problem?

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CZleftist101.bsky.social

They own both halves of the corporate party too. 🤔

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Uunwieldy.bsky.social

We just need them to pay their fair share. USBLS says average income is about $60k. Billionaires can pay a huge wealth tax and still have billions.

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Sspudsmccrazy.bsky.social

You have any numbers? I need to call one of them and ask them I help me out. I need to borrow about 3.50

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SMmo.biz.pl

You got that right. Wanna stay up there? Better tell the public what you spend the money about

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JGjmgannon.bsky.social

I don't believe the bottom 50pc 'control' anything the way the billionaires do. They can barely pay their bills. Billionaire money is all 'funny money' and very discretionary.

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Rrattusrattus.bsky.social

Man mag den „Produzenten“ jener Regeln, die zu diesem Ungleichgewicht geführt haben, zugute halten, dass sie die Tragweite ihres Handelns seinerzeit nicht überblickt haben. Aber jetzt tun sie so als ob das Naturgesetze seien, die sie formuliert haben, und deshalb auch Moral damit nichts zu tun habe

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Uma pirâmide desonesta!

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TStonysomo.bsky.social

“The liberty of a democracy is not safe if the people tolerated the growth of private power to a point where it becomes stronger than the democratic state itself. That in its essence is fascism: ownership of government by an individual, by a group, or any controlling private power.” FDR

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Robert Reich
@rbreich.bsky.social
Berkeley professor, former Secretary of Labor. Co-founder of Inequality Media. Substack: robertreich.substack.com | Mastodon: masto.ai/@rbreich | LinkTree: linktr.ee/rbreich
34.5k followers79 following1.5k posts