دورية أكاديمية

Cracks in the Wealth Extraction System.

التفاصيل البيبلوغرافية
العنوان: Cracks in the Wealth Extraction System.
المؤلفون: Collins, Chuck
المصدر: Kosmos Journal; 2024, Issue 3, p1-5, 5p, 1 Color Photograph
مصطلحات موضوعية: BUSINESSPEOPLE, HIGH net worth individuals, POWER (Social sciences), HOUSING, FINANCIAL planners
مستخلص: The article discusses the emergence of a movement among wealthy individuals and families who are advocating for wealth redistribution and addressing the harms of extreme inequality, racial capitalism, and the need for reparations. These dissenters, although not a majority of the ultra-wealthy, are working together with promising movements to challenge the concentrated wealth and power system. They are rejecting traditional philanthropy and instead aggressively moving money to grassroots social change movements. Additionally, some members of the wealth defense industry, such as wealth managers and tax attorneys, are defecting and blowing the whistle on systemic abuses. The article highlights the growing support for higher taxes on the wealthy and wealth taxes among the wealthy themselves. Despite the formidable power of billionaires and their enablers, cracks in the system are appearing, offering new possibilities for decolonizing wealth and building regenerative economies. [Extracted from the article]
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قاعدة البيانات: Supplemental Index