Wealth has risen much faster than income since 1980. Global wealth-income ratios have risen dramatically from about 390% of world net domestic product in 1980 to over 625% in 2025. This surge reflects both higher savings and strong capital gains, especially in housing and equity markets
First global database of wealth accumulation covering 1800–2025 now available The source for global inequality data. Open access, high quality wealth and income inequality data developed by an international academic consortium.
average returns to capital declined moderately, from 7.5% to 5.6%, yet remained well above income growth rates
Private wealth is at record highs in all advanced regions. Public wealth, by contrast, has declined to turn negative in North America, fall near zero in Europe
Net private wealth has skyrocketed since 1980 - this is one of the main findings of a new @wid.world study overturning the Kaldor’s facts.More findings in thread 🧵🔗Study https://wid.world/news-article/first-global-database-of-wealth-accumulation-covering-1800-2025-now-available/[contains quote post or other embedded content]
Income from capital is much more concentrated than income from labor
Why is capital so concentrated and why so few have it?
勞動報酬變動趨勢分析
福利愈多貧富差距卻愈大，顯然還潛藏著另外一種形式的分配失序……從未水漲船高
今年(2023)的十月底，一則報導再度引起社會對所得分配的高度關注；...
勞工分配到的比例不但沒有顯著提升，在疫情期間還明顯縮水……台灣企業（和地主及股東）在疫情期間實在太賺錢了
2022年的台灣人均GDP，是20年來首次逆轉、超越韓國。如此的亮眼表現，卻和不少台灣人的「體感」存在落差；平均薪資的增長幅度，也難以跟上GDP的成長，為什麼？台灣的「疫情紅利」與經濟成長模式，還藏著哪些隱憂？
corporate cultures may encourage or accept deviant behaviors that differ from what is normal or accepted in the broader society ... compare the cultures of: mafias, cults, gangs and deviant corporations, each of which was assumed to be a type of deviant organization ... contain toxic leadership
In criminology, corporate crime refers to crimes committed by either a corporation (i.e. a legal person having a separate legal personality from the natural persons that manage its activities), or by individuals acting on behalf of a corporation or other business entity (for example see vicarious liability). Corporate crimes can be seen as...
a universal set of goals toward which all Americans, regardless of background and position, strive, chief among these is monetary success
Deviant organizations, engaging in organi-cultural deviance, were found to leverage their reputation through publicity to attract members
There is evidence that the private sector has as much responsibility for generating corruption as the public sector. Particular situations such as state capture can be very damaging for the economy
opponents of the minimum wealth tax totally lack historical perspective ... It is unrealistic to imagine that the working class and the middle class will calmly accept additional taxes or cuts to public spending. So long as the wealthiest individuals pay taxes that are trivial relative to their net worth, no one will accept the slightest sacrifice. Just as in the decades that came before 1789
If one builds a fortune while relying on the country’s infrastructure, education, and health systems, there is no reason that one should so readily escape the collective obligations that fund these systems
By opposing the 2% minimum wealth tax on billionaires, after the measure was adopted by France's Assemblée nationale (lower house of Parliament), the upper house, the Sénat, has shown …
Wealth is collective: It depends on the involvement of thousands of employees, not a handful of individual geniuses
According to Challenges magazine, which is hardly a bastion of left-wing thought, France’s 500 highest fortunes rose from €200 billion to €1.2 trillion between 2010 and 2025 – a 500% increase. With a 2% annual wealth tax, it would take a century to make them go back to their 2010 level. That’s assuming they receive no income in the meantime, which would make little sense, given that these fortunes have grown by 7% to 8% per year over the past 15 years
Bloc National (1919-1924) – one of the most right-wing legislatures in the French Republic’s history – that would raise the tax rate to 60% in 1920, and then to 75% in 1923
現在已經惡化到極端不公平(extremely unfair)，少數人一開始就已經極端有錢（極端富豪 Extreme Rich），你寶貴的人生還无條件接受他們的遊戲規則陪他們玩？絕望嗎？躺平嗎？會吵的孩子有糖喫。你不行動，一生不會有出息
the world’s first trillionaire by 2027
“Trillions of dollars exist for financing development – but too much public money is captured by private power.”
violence is on the rise
The rules-based world order is in retreat and violence is on the rise, forcing countries to rethink their relationships
Inside Job is a 2010 American documentary film, directed by Charles Ferguson, about the 2008 financial crisis. Ferguson, who began researching in 2008,[3] said the film is about "the systemic corruption of the United States by the financial services industry and the consequences of that systemic corruption",[4] amongst them conflicts of interest...
今年年初，美國南加州（又）發生震驚世界的大火。比較有趣的是，右派相信是因為政策不利、水庫沒水，所以導致大火延燒……
other countries should make market access to foreign multinationals (and their main owners) conditional on their paying a minimum amount of tax ... If billionaires refuse to pay taxes, market access for the firms they own should be denied
You have to give Donald Trump credit for one thing: for all his inconsistency on many issues, he believes deeply in high tariffs. He has been preaching that gospel for at least four decades, convinced that tariffs are the key to America’s future prosperity. Shortly after promising to “tariff and tax foreign countries to enri
target US multinationals and their owners directly. The world needs tariffs not for US exports, but for oligarchs
In 2017, the [Business Roundtable] group threw its support behind the first Trump administration’s $1.5 trillion tax-cut legislation, which overwhelmingly benefited corporations and the wealthy. Last year, it announced that it would spend “eight figures” lobbying to protect and extend the legislation’s business-friendly tax breaks. As for Biden’s 2022 Build Back Better initiative – which proposed modest tax increases on high earners to fund public services like education, health care, and infrastructure – the Business Roundtable voiced clear opposition
Christopher Marquis thinks the US Business Roundtable's April report should serve as a wake-up call to Democratic lawmakers.
delivering real value to workers and the environment would cost money, which would reduce shareholder dividends and executive pay – the real priorities of the Business Roundtable’s members. In fact, the compensation of CEOs who signed the stakeholder-capitalism “commitment” has continued to reflect their success in delivering shareholder value. When the COVID-19 pandemic emerged in 2020, Marriott International almost immediately began furloughing most of its US workers – while paying out more than $160 million in quarterly dividends and seeking a raise for its CEO, a signatory of the 2019 statement
even from a commercial perspective, this approach is fundamentally flawed. A growing body of research shows that failure to account for social and environmental imperatives poses clear, material risks to firm operations and performance ... For example, companies with poor climate-risk management routinely face supply-chain instability, greater exposure to extreme weather events, and higher capital costs. In other words, the Business Roundtable’s opposition to environmentally-focused policies and proposals is not just hypocritical; from their own short-sighted shareholder-capitalist perspective
The new Business Roundtable Statement on the Purpose of a Corporation has received a great deal of support, as well as questions and…
