To Save the World, Share the Wealth
45.6% of global wealth is in the hands of the top 1%. If the billionaires and world leaders who met at Davos this week actually wanted to improve the state of the world, they could start there.
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Luke Savage is a staff writer at Jacobin.
45.6% of global wealth is in the hands of the top 1%. If the billionaires and world leaders who met at Davos this week actually wanted to improve the state of the world, they could start there.
On this day 45 years ago, anti-fascists in the diverse north London neighbourhood of Haringey beat back the National Front – and helped to stem a rising tide of far-right politics across Britain.
For decades, governments have been justifying tax cuts for the rich by arguing they would create wealth and benefit society. The evidence is now overwhelming – they were lying.
For decades, the prestige of the US presidency disguised inequality at home and war abroad. With Donald Trump that esteem disappeared – and it’s unlikely to return anytime soon.
The Democratic establishment’s determination to keep Joe Biden away from public scrutiny exposes the truth – he might be the frontrunner, but even his own supporters realise that he’s a weak candidate.
Bernie Sanders’ victory in New Hampshire served a warning to the status quo in the Democratic Party: the era of empty personality politics is coming to a close.
In last night’s Democratic debate, left-wing candidates Bernie Sanders and Elizabeth Warren trounced their moderate rivals. Now the question is, can they win?