Category Archives: Distribution of Wealth

Tax avoidance

8% of the global financial wealth of households is held in tax havens, 75% of which goes unrecorded Gabriel Zucman. July 6, 2013.

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Wall Street’s version of capitalism is a fraud wrapped inside a delusion

Demerit-Based Pay Feb 5, 2009. Eric J. Fry. Rude Awakening Russia, according to Winston Churchill, was a “riddle wrapped inside an enigma.” Wall Street’s version of capitalism, according to us, is a fraud wrapped inside a delusion. The fraud is … Continue reading

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How Corporations avoid being taxed

Switching Names to Save on Taxes April 3, 2014. Floyd Norris. New York Times Caterpillar avoided billions of dollars in United States income taxes by taking the name of the American parent off the invoices and put in the name … Continue reading

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A Relentless Growth of Disparity in Wealth

How the Rich Stole Our Money – and Made Us Think They Were Doing Us a Favor 4 May 2014. David Atkins. Salon. You’ve doubtless seen the charts and figures showing the decline of the American middle class and the … Continue reading

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Inequality goes back to the Stone Age

28 May 2012. Inequality Dates Back to Stone Age: Earliest Evidence Yet of Differential Access to Land. ScienceDaily. Hereditary inequality began over 7,000 years ago in the early Neolithic era, with new evidence showing that farmers buried with tools had … Continue reading

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