is distinguished by its insistence that the underlying problem with society is our . and the not only cause extraordinary material suffering and , they also rob us of the ability to play a meaningful role in our own lives and communities .cultivate the new society within the shell of the old by eroding the state’s popular legitimacy and dissolving its power into face-to-face people’s assemblies and confederations

#Economics: "Lack of hope in America: The high costs of being poor in a rich land"; #inequality and withering social mobility

From VoxEU: Study of capital accumulation, private property and #inequality in #China over the term 1978 - 2015 Income share of bottom 50% trending sharply down

"Existing hierarchical and class #society, #inequality, #injustice, #poverty, #war and more, have left us with just a few options: sitting down and doing nothing, or waiting for the vanguard party, the military coup, election (the biggest lie in history). This way is more dangerous than the sitting back and doing nothing because most of the time intensify the disasters. Or simply fighting back the system through building the independent radical non-hierarchal local groups. These are the real basis and the real hope for the future revolution."
Where the revolution is more likely to happen, in developed or non-developing countries? - Anarkismo -

We can speak about #inequality, writing an emotional toot how bad it is and that it really needs to change...

...and we also can think of how to overcome it.

Within mastodon people from around the world in all sorts of different economic situations are here

We are the once able to overcome inequality If we act in #solidarity.

We have learned enough to know how bad inequality is.
Let's bring us through the #fediverse closer to #equality.





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Economist Robert Solow on improving the measurement and understanding of economic #inequality in the US (contains a fair amount of accounting nerdery)

#Brooking Inst research on the state of US #Workingclass; decline of stable 2 parent households (principally among White blue-collar families) falling labor force participation, #inequality, collapse of the "American Dream"

@msk believe me that #inequality is high on my list to #smash

the market is sure not fixing it

#BigData #MachineLearning and #Society

"we are embedding our biases, and calling them objective, but we are actually obscuring them from view"

"How #BigData Increases #Inequality and Threatens #Democracy"~ bias in predictive modelling~ trouble with #algorithms

"Machine learning doesn't create fairness
It propagates past practices
It automates the status quo"

'Weapons of Math Destruction' by Cathy O’Neil

Once again, the Italian government is about to spend €71bn in taxpayer money to bail out private banks.

There's something so deeply wrong about this I can't even start to explain it to myself.

'We've got to take the power back'
#Italy #inequality #banks #capitalism

I wrote a bit about wealth inequality and engagement with the political system to bring about change:

#inequality #capitalism #usa #politics