Peak Inequality: The .01% And The Impoverishment Of Society by David DeGraw + The Economics of Revolution

Inequality Hurts Us All

Image by Dean Chahim via Flickr

Dandelion Salad

Updated: added video interviews

by David DeGraw
daviddegraw.org
August 18, 2014

This is an adapted excerpt from my new book, The Economics of Revolution.

I: The Ultra-Rich .01%
II: The Systematic Impoverishment of Society
III: Economic Slavery
IV: Hidden Wealth & Shadow Banking
V: The Aristocracy & The Death of Liberty

An extensive analysis of economic conditions and government policy reveals that the need for significant systemic change is now a mathematical fact. Corruption, greed and economic inequality have reached a peak tipping point. Due to the consolidation of wealth, the majority of the population cannot generate enough income to keep up with the cost of living. In the present economy, under current government policy, 70% of the population is now sentenced to an impoverished existence.

Let’s take an in-depth look at the evidence.

[…]

via http://daviddegraw.org/peak-inequality-the-01-and-the-impoverishment-of-society/

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The Economics of Revolution

Martin King on Aug 21, 2014

Anonymous, Bob Dylan and the ghost of Emma Goodman will tell you about The Economics of Revolution.

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Updated: Aug. 24, 2014

Is America Dreaming?: Understanding Social Mobility

Brookings Institution on Aug 19, 2014

Brookings Fellow Richard Reeves explores inequality and opportunity in America with Legos, using them to explain the chances for economic success of Americans born at the bottom of the economic ladder. Reeves shows the chances that the poorest fifth of Americans have to rise to the top, based on their race, the marital status of their mothers, and their level of education.

http://www.brookings.edu/savingalger

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Updated: Sept. 2, 2014

Conversations with Great Minds – The Economics of Revolution

The Big Picture RT on Sep 2, 2014

In tonight’s “Conversations with Great Minds” Thom talks with Journalist David DeGraw, author of the upcoming book “The Economics of Revolution.”

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Papantonio: A New Economic Collapse IS Coming

Ring of Fire Radio on Sep 1, 2014

The Occupy Wall Street movement didn’t erupt out of a sudden dislike and distrust of Wall Street bankers. Sociologists had been predicting a massive public backlash for a long time due to the rising inequality between the haves and the have nots. They’ve even developed formulas that show when inequality hits a certain point, public backlash is inevitable. And we could be heading into another era of extreme inequality.

Ring of Fire’s Mike Papantonio and author David DeGraw discuss what’s happening.

David DeGraw is the author of the new book “The Economics of Revolution.” Find out more at DavidDegraw.com.

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Updated: September 3, 2014

5 ways U.S. inequality is spiraling out of control

RT America on Sep 2, 2014

The super-rich are even wealthier than you think, while the media barely even talks about the poor.

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Updated: Sept. 17, 2014

The Economics of Revolution

Dennis Trainor, Jr on Sep 17, 2014

This content is viewer supported: http://www.Patreon.com/AcronymTV

“Corruption, greed and economic inequality have reached a peak tipping point,” writes David Degraw. “Due to the consolidation of wealth, the majority of the population cannot generate enough income to keep up with the cost of living. In the present economy, under current government policy, 70% of the population is now sentenced to an impoverished existence.”

In this special 3rd anniversary of Occupy Wall St. edition of Acronym TV, David DeGraw sits down with Dennis Trainor, Jr.

David’s new book, The Economics of Revolution, is now available from DavidDeGraw.org.

DeGraw, who is advocating for a guaranteed income for all US residents, states: “If people could just wrap their head around the fact that we have over $94 Trillion in wealth in the United States, I think we would have a revolution overnight. It has gotten to the point where it would only take 0.5% of the 1%’s wealth to eliminate poverty nationwide.”

About the guest
David DeGraw is an author and an organizer. An early organizer with Occupy Wall Street, David is credited by many as starting the We Are the 99% meme that launched a movement. He is an independent investigative journalist. In February 2010, DeGraw published a book called “The Economic Elite Vs. The People of the United States of America.” The last section of the book was a call to action, using the concept of 99 percent of American income earners.

see

Noam Chomsky: The Relentless Class War

Capitalism: The Systematic Poverty and Exploitation of Human Beings by Finian Cunningham

The Changing Face of Labor by Rivera Sun

Inequality and the Inevitable Collapse: The Common Sense Solution–Sharing by Graham Peebles

Richard Wilkinson & Kate Pickett: Why Greater Equality Makes Societies Stronger (must-see)

Bailout for the People: “The Cook Plan” by Richard C. Cook

Credit As A Public Utility: The Solution to the Economic Crisis by Richard C. Cook (videos)