Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises

Wealth inequality has worsened over the last several decades, with the US having some of the highest inequality among industrialized countries. The top 20% of US households by income hold 70% of the wealth - over $96 trillion - according to the Federal Reserve. Households in the bottom 20%, by comparison, hold just 3% of the wealth, or $4 trillion.
In her new book, “Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drives Today’s Crises,” Marjorie Kelly of the Democracy Collaborative explains how the bias toward wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet, and she explores what the foundations of a new economy could be. The book exposes the myths underlying wealth supremacy, the bias that institutionalizes infinite extraction of wealth by and for the wealthy, and how this bias is the hidden force behind economic injustice, the climate crisis, and so many other problems of our day.
Join us on Tuesday, September 12, from 2:00 to 3:00 p.m. EDT, for a book talk with author Marjorie Kelly to learn about the myths that perpetuate wealth inequality and how the democratization of ownership - public ownership of vital services, worker-owned businesses, and more - can help us build a non-extractive capitalism and economy based on the public interest.

[@Madronaxyz]

I stopped listening to this because woman from the Aspen institute is so irritating.
"Longish career"--neologisms just cloud the discussion. She was vague throughout. Also she has an extremely irritating high-pitched whining voice.

[@kelvinharris5657]

Kelvin Harris
I am proposing that they sponsor a bill that will allow any of the 230,000,000 homeowners in this country. Allow them to rent one room in their home completely and totally tax free. Tax deductions for any money used in preparing the room. I believe it would create a safety net that people who were about to hit the street and still have a job could utilize. It could also stabilize the housing market and make it more affordable for everyone. It's just like the fact that we don't tax groceries at a grocery store. Has to be a bottom level where people aren't being taken advantage of and are allowed to live to a certain level. Homeowners that have were built a tiny home that they rent out mother in law cabin or RV pad that's built to specific area codes should qualify. Just think of all the benefits our society would gain from this safety net to catch potential homeless people before they hit the street. Let's turn off the tap !

[@devos3212]

Sorry but there should be more finger pointing. There’s people in positions of power that know all this and so they do whatever they can to keep it in place.