Tag: kleptocracy
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Most people are familiar with the concept of social and economic inequality, but although it affects a large part of the world’s population, it is still somewhat abstract for many… more ›
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Capitalism rules the world. With only the most minor exceptions, the entire globe now organizes economic production the same way: labor is voluntary, capital is mostly in private hands, and… more ›
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Lauren A. Rivera’s Pedigree: How Elite Students Get Elite Jobs is a depressing book because it tells how the world works: https://www.overcomingbias.com/2020/11/what-makes-prestige.html more ›
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The fortunes of the super-rich have reached staggering levels, and for decades, inequality’s been rising. To get a sense of the scale of the problem, here are three sources. https://thecorrespondent.com/712/theres-no-such-thing-as-a-self-made-billionaire/901152214776-cf03048a more ›
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If you’ve read an article or two about economic inequality in the United States at any point in the past decade, chances are you’ve come across a chart like this:… more ›
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A year ago, the office of Citizenship by Investment Program (CIP) in the small Caribbean island nation of St. Lucia had received no applications from any Africans in its nearly… more ›