What's new on Inequality.org
Omar Ocampo and A.J. Schumann, AI’s Energy Demands Are Fueling the Climate Crisis. The rapid growth of artificial intelligence systems is precipitating an environmentally problematic spike in data center construction.
Dan Petegorsky, DAF Trends or DAF Spin? One of the country’s largest donor-advised fund sponsors publishes an annual report that demands a closer look.
Phil Mattera, Trump Recruits Regulatory Rulebreakers. The incoming Trump administration is overflowing with picks for high positions who stand to benefit from weakening regulations.
Mark your calendars: Join us on January 8, 2025 for a webinar on the prospects of “sustainable” aviation fuels featuring Inequality.org co-editor Chuck Collins. To register for this free event, click here.
Elsewhere on the web
Caroline O'Donovan and Lauren Kaori Gurley, Senate probe finds Amazon manipulated workplace injury data, The Washington Post. The e-commerce giant ignored internal safety recommendations, a Senate panel found.
Max Lawson, Inequality and the Dawn of Everything, Equals. Oxfam International’s lead on inequality policy takes a look at the myth that modernity makes inequality inevitable.
Gary Simonds, Why Do We Hero-Worship Billionaires? Psychology Today. Our super rich owe their billions to a supportive familial-societal-governmental infrastructure, the creativity of their underlings, and the predatory practices their plutocratic power inflicts upon their rivals.
Arloc Sherman, Danilo Trisi, and Josephine Cureton, A Guide to Statistics on Historical Trends in Income Inequality, Center on Budget and Political Priorities. Data from a wide variety of sources continue to show shared prosperity during the early post-World War II period and then, since the 1970s, slower economic growth and much greater economic inequality.
Sara Wexler, Economic Inequality Is Even Worse Than You Think: An interview with Rob Larson, Jacobin. An economist discusses his new book, a deep dive into the obscene wealth of America’s richest.
Harold Meyerson, Media Mogul Amok, American Prospect. “Freedom of the press,” the great media critic A. J. Liebling observed years ago, “is guaranteed only to those who own one.” Billionaire Patrick Soon-Shiong, the owner of the Los Angeles Times, has spent the last month exercising his own unfettered “freedom.”
Lisa Gilbert and Robert Weissman, Musk and Ramaswamy's DOGE — A Cocktail of Corruption, Illegality, and Harm, Newsweek. This super-wealthy pair has a two-part plan for Trump’s second administration: gut federal government regulations and slash government spending.
Paul Krugman, My Last Column: Finding Hope in an Age of Resentment, New York Times. Some of the angriest people in America today just happen to be billionaires who don’t feel sufficiently admired.
Isobel Cockerell, The super-rich and their secret worlds, Coda. A look at the enclaves that defy national borders and laws, places where the mega-rich can hide their assets and play by their own rules.
Ted Schrecker, Health promotion must be(come) equality promotion, Global Health Promotion. Rising inequality is compromising — and even eliminating — the chances that mega-millions of people have to lead healthy lives.
James Bohland, The Truth about MAGA: Plutocrats in Populist Clothing, Fair Observer. MAGA, once we tear away the populist outer covering, emerges as an entity committed only to enriching the rich and realigning government to ensure that our richest continue to pull all the key levers of power.