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America is Regressing into a Developing Nation for Most People
"The result is profoundly disturbing.

In the Lewis model of a dual economy, much of the low-wage sector has little influence over public policy. Check. The high-income sector will keep wages down in the other sector to provide cheap labor for its businesses. Check. Social control is used to keep the low-wage sector from challenging the policies favored by the high-income sector. Mass incarceration - check. The primary goal of the richest members of the high-income sector is to lower taxes. Check. Social and economic mobility is low. Check. "
economics  inequality  policy  politics  america  poverty  wealth  capitalism  taxes  GOP 
2 days ago by conner
Snap! The local HOA just captured your license plate number - SFChronicle.com
I find this trend so disgusting. And having completely private entities do it in public seems especially intrusive, in a way. What authority do they have for surveillance of public rights of way?
privacy  wealth  alpr  hoa  surveillance 
2 days ago by npdoty
Interopable impact finance
Interopable impact finance
Platform opportunities. For capital track at Transform:Climate, communities and capital.
equity  community  finance.  sexism  wealth  interopable  operating  infrastructure  system  racism 
6 days ago by Kevindoylejones
The October 1944 edition of Fortune magazine carried an article by a corporate executive that makes for amazing reading today. It was written by William B. Benton — a co-founder of the Benton & Bowles ad agency — and an editor’s note explained that
The October 1944 edition of Fortune magazine carried an article by a corporate executive that makes for amazing reading today. It was written by William B. Benton — a co-founder of the Benton & Bowles ad agency — and an editor’s note explained that Benton was speaking not just for himself but on behalf of a major corporate lobbying group. The article then laid out a vision for American prosperity after World War II. At the time, almost nobody took postwar prosperity for granted. The world had just endured 15 years of depression and war. Many Americans were worried that the end of wartime production, combined with the return of job-seeking soldiers, would plunge the economy into a new slump. “Today victory is our purpose,” Benton wrote. “Tomorrow our goal will be jobs, peacetime production, high living standards and opportunity.” That goal, he wrote, depended on American businesses accepting “necessary and appropriate government regulation,” as well as labor unions. It depended on compa
wealth  business  capitalism  community  balance 
8 days ago by trevormeier

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