Inequality Media

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The 19 richest U.S. households saw a $1 trillion wealth increase in 2024, a rise that exceeds the size of Switzerland’s economy.

These 19 households now control $2.6 trillion in wealth — almost as much wealth as the bottom 50% of American households.

If this isn't an oligarchy, what is?

150 billionaire families spent $1.9B on the 2024 election through October.

It's a huge amount of money — but it represents just 0.07% of their overall wealth.

It essentially costs them nothing to drown our democracy in cash.

We must get big money out of our politics.

Amazon and Walmart are the largest US companies by both revenue and number of employees.

But 87% of jobs for Amazon and 91% for Walmart pay less than $20/hr.

Meanwhile, Jeff Bezos is worth $229B and the Walton family is worth roughly $270B.

See the problem here?

So let us get this straight: Increasing the minimum wage is socialism, but corporations keeping wages low by forcing workers on to public assistance is the free market?

Our national parks generated $56 billion in visitor spending and supported 415,000 jobs in 2023.

The entire National Park Service budget was just $3.6 billion.

That’s some return on investment — so why is Donald Trump taking an axe to our parks?

Donald Trump’s New Enemy? Our National Parks

YouTube video by Robert Reich

America's four largest potato producers allegedly conspired to raise prices on frozen fries, hash browns, and tater tots by 47%.

This tater trust controls more than 95% of the potato market.

If we want to bring down grocery prices, we must take on corporate consolidation.

‘Potato cartel’ mashed competition to raise french fry prices, lawsuits say

Several antitrust lawsuits accused top producers of conspiring to raise prices of frozen potato products, like french fries.

94% of teachers have had to dip into their own pockets to buy school supplies.

The average Wall Street employee got a $176,500 bonus last year.

Something has gone terribly wrong.

Our rigged system in a nutshell.

When the rich become richer, they can use their vast wealth to pour money into our democracy and rig the system to enrich themselves even more.

We must get Big Money out of politics.

The concentration of wealth in the hands of an elite few isn't just bad for our economy. It's corrosive to our democracy.

When the wealthy and well-connected control our political system, the American people don't have a voice.

The result is demagoguery and corruption.

Researchers at the London School of Economics have found that 50 years of tax cuts for the wealthy have not trickled down to the middle class and only served to help the rich get richer.

What does Trump have planned for his second term? Another giant tax cut for the wealthy.

50 years of tax cuts for the rich failed to trickle down, economics study says

Tax cuts for the wealthy didn't boost the economies of the U.S. and 17 other countries — but they did worsen income inequality.

"We now have the techniques and the resources to get rid of poverty. The real question is whether we have the will."

— Martin Luther King Jr., March 31, 1968

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Casual reminder to ignore the anti-union propaganda from corporate America. If unions were actually bad for workers, corporations wouldn't need to spend millions of dollars on union-busting.

Millionaires are officially done paying into Social Security for the rest of 2025 as of today. 

If we want to ensure Social Security’s long term future, we must scrap the cap and make the wealthy pay their fair share.

How the Super Rich Are Killing Social Security | Robert Reich

Social Security taxes are rigged for the rich — and the program is in danger because of it. A CEO earning $20M/yr pays Social Security taxes on ~1% of their income. Meanwhile, a normal worker pays Social Security taxes on 100% of their income. How does that make any sense?

“We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we cannot have both.” - Justice Louis Brandeis

Remember: Most billionaires are not “self-made.”

They’re made via a combination of inherited wealth, government subsidies, tax loopholes, labor exploitation, and policy failures.

Can we stop perpetuating a myth that blames wealth inequality on the choices of everyday Americans?

The Truth Behind “Self-Made” Billionaires | Robert Reich

Elon Musk’s father owned shares in an emerald mine in Africa.Bill Gates’ mom helped Microsoft get a deal with IBM.Jeff Bezos’ garage-based start was funded b...

81 years ago, FDR proposed a second Bill of Rights to guarantee every American the right to employment, healthcare, education, housing, and a living income. His words are as relevant now as they were then. Watch.

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For 50 years, corporate backed politicians in Congress have slashed taxes to line the pockets of their wealthy donors.

Is it any wonder that so many see the system as rigged?

Reminder: When you invest in the American people, the middle class expands, and the economy grows.

When you cut taxes on the rich, the rich get richer, and the gains don’t trickle down.

It’s that simple.

America's richest 10% now hold 60% of the nation's wealth.

The bottom half of America? It holds just 6%.

Wealth inequality is eating this country alive.

Amazon, Meta, and Google donated millions to Trump's inauguration. Why?

Collectively they'll gain an annual tax cut worth $7.4 billion if Trump lowers the corporate tax rate.

They're also facing major antitrust lawsuits for abusing their market power.

Always follow the money.

Trump’s $50 Billion Tax Giveaway to the 100 Largest Corporations

Trump’s plan to slash the corporate tax rate would give the largest corporations a tax cut exceeding federal K-12 education spending.

The collective net worth of America's 813 billionaires hit a staggering $6.72 TRILLION at the end of 2024.

The bottom 50% of Americans hold $3.7T in wealth.

Once again: It's not radical to tax the rich. It's radical to allow this level of wealth concentration to continue.

2024: The Year of the Billionaire | Common Dreams

At this point, just 813 U.S. billionaires hold a combined $6.7 trillion in wealth while 15 of them each have over $100 billion for a combined wealth over $2.4 trillion.

"Somewhere I read that the greatness of America is the right to protest for rights."

In the final speech of his life, Martin Luther King Jr. emphasized the importance of freedom of speech and assembly.

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