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EndGameWatch
The Consolidation of the Elites over Earth's Remaining Resources. Watching the Tragedy of the Commons in Action.
Curated by Khannea Suntzu
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New Oxfam Report: Austerity Is Still a Dumb Idea

In its new briefing paper, A Cautionary Tale: The True Cost of Austerity and Inequality in Europe, Oxfam compares Europe’s current austerity measures to the failed “structural adjustment” programs imposed on developing countries by the World Bank...
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The Middle Class In The U.S. Economy Is On The Verge of Collapse

The Middle Class In The U.S. Economy Is On The Verge of Collapse
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Almost 1 in 3 Europeans could be poor by 2025

Europe could have another 25 million poor people by 2025 as the effects of austerity measures are felt across the continent, a leading poverty charity warned on Thursday.
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Secret Quarter-Billion-Dollar Koch Brothers Political Operation Revealed

Secret Quarter-Billion-Dollar Koch Brothers Political Operation Revealed | EndGameWatch | Scoop.it
The top 1 percent has an investment in destroying middle-class America.
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The Fuck-it Point

The Fuck-it Point | EndGameWatch | Scoop.it
42 minutes | A film about the dark side of civilization, why we should bring it down and why most civilized people don't. [THE FUCK-IT POINT] 'When you have had enough. When you decide to take matter into...
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Humanity Is Getting Verrrrrrry Close to Extinction

Humanity Is Getting Verrrrrrry Close to Extinction | EndGameWatch | Scoop.it
We've had a good run, but the Near Term Extinction movement and others are saying that it's pretty much over for humans. Oh, well.
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Why Hewlett-Packard is off the Dow Jones Index

The lifespan of great corporations is getting shorter and shorter.
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From ‘Inequality for All,’ a challenge for America

A new film challenges Americans to address the income gap.
Khannea Suntzu's insight:

“Chilling.”

 

That’s how one reviewer describes the experience of watching Harvey Weinstein’s latest film. Only the movie in question isn’t “Erased,” Weinstein’s pulse-pounding thriller about an ex-CIA agent on the run. Nor is it “Only God Forgives,” in which Ryan Gosling finds himself caught up in a gritty underground world of Thai drug smuggling, prostitution, rape, and murder.]

 

The movie is, in fact, a documentary, but one more disturbing than international criminal conspiracies and more devastating than any “Sharknado.” It’s about income inequality. As Clinton Labor Secretary Robert Reich intones in the film, “Of all developed nations, the United States has the most unequal distribution of income, and we’re surging towards even greater inequality.”

 

“Inequality for All,” directed by Jacob Kornbluth and set to be released nationwide on Sept. 27, comes at a critical moment for America. Sept. 15 marks the five-year anniversary of the collapse of Lehman Brothers — fueled by a toxic combination of deregulation, subprime lending and credit-default swaps — that precipitated the 2008 global economic crisis and laid bare the rot at the heart of our economic system. It was largely this orgy of greed that led the first Occupy Wall Street protesters to Zuccotti Park on Sept. 17, two years ago next week.

 

In the half-decade since Wall Street’s self-induced crash, the country has hovered between outrage (that the perpetrators walked off scot-free and bonus-laden) and apathy (that anything will ever break the iron bond between Congress and the financial industry).

 

Until now, hopefully. Following the diminutive Reich on his “statistics-driven and impassioned” crusade, “Inequality for All” throws into sharp relief the numbers and stories we hear. Combining footage from Reich’s electrifying Berkeley lectures with interviews, news clips and rich graphics, the film weaves a compelling narrative about how and why, since the late 1970s, income inequality has risen to crisis levels.

 

The facts are breathtaking. In 1978, according to Reich, a “typical male worker” made $48,302, while the typical top 1 percenter earned $393,682, more than eight times as much. In 2010, even as overall gross domestic product and productivity increased, the average male worker’s wage fell to $33,751. Meanwhile, the average top 1 percent earner was making more than $1.1 million — 32 times the average earner.

 

Reich cleverly illustrates how the graph of American inequality over the past century looks like a suspension bridge — peaking in the 1920s, leveling out because of strong, progressive policymaking in the 1950s and 1960s, and spiking again from the Reagan years through the present. We see the consequences in middle-class families that have fallen off that bridge and are struggling to stay afloat.

 

The film’s most refreshing figure may be Nick Hanauer, a millionaire pillow company CEO who made a fortune as an early investor in Amazon.com. Hanauer acknowledges that he earns 1,000 times the average American but that he will never generate a proportionate amount of economic activity — because he will never need 1,000 Audis or 1,000 pairs of jeans. As he puts it, “Even the richest people only sleep on one or two pillows.”

 

 

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Peter C. Newton-Evans's curator insight, September 13, 2013 11:31 AM

More evidence that setting a wealth threshold is essential to achieving both economic stability and true democracy.

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Sir David Attenborough warns against large families and predicts things will only get worse

Sir David Attenborough warns against large families and predicts things will only get worse | EndGameWatch | Scoop.it
People should be persuaded against having large families, says the broadcaster and naturalist
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Japan Grapples with the Rise of Hate Groups

Tensions in East Asia are putting stress on Japanese society as rightwing activists begin to target resident Koreans. This has led to some politicians callin...
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The End of Growth

Economist Jeff Rubin and environmentalist David Suzuki might seem an unlikely pairing. But they've been touring Canada together, talking about the natural limits to growth from their very different perspectives.
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A change in expectations

A change in expectations | EndGameWatch | Scoop.it
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What's Killing Poor White Women?

For most Americans, life expectancy continues to rise—but not for uneducated white women. They have lost five years, and no one knows why.
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Why Are So Many Emerging Markets Taking Protests to the Streets?

Why Are So Many Emerging Markets Taking Protests to the Streets? | EndGameWatch | Scoop.it
Mass protests have become an all-too-common post-crisis occurrence in major cities around the world. The sheer number of them elicits key questions. What is making them so prevalent? Where will the movement strike next?
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overpopulation -- NOW A SCIENTIFIC CONSENSUS

overpopulation -- NOW A SCIENTIFIC CONSENSUS | EndGameWatch | Scoop.it
overpopulation, human overpopulation, Science, Ecology, Economics, Environment, and Politics.
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Derrick Jensen: Endgame part I

Derrick Jensen: Endgame part I | EndGameWatch | Scoop.it
57 minutes | What if you live in the most destructive culture ever to exist? What if that culture refuses to change? What do you do about it? An excellent presentation by Derrick Jensen, a must watch for...
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With Unprecedented Inequality, the US Looks More Like a Dystopia Than Ever

With Unprecedented Inequality, the US Looks More Like a Dystopia Than Ever | EndGameWatch | Scoop.it
With 10 percent of Americans taking 50 percent of the cash, dystopia looms. Here's a look at how the future is lining up with our worst-case fictions.
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My Way News - Richest 1 percent earn biggest share since '20s

My Way News - Richest 1 percent earn biggest share since '20s | EndGameWatch | Scoop.it
Richest 1 percent earn biggest share since '20s
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Too many bodies? The return and disavowal of the population question

Too many bodies? The return and disavowal of the population question | EndGameWatch | Scoop.it
Source: Environmental Politics. During the 1960s and early 1970s population growth was regarded as an urgent environmental issue. Since then the topic has fallen into abeyance.
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Japan's Nuclear Migraine

Japan's Nuclear Migraine | EndGameWatch | Scoop.it
Japan is stumbling helplessly from one crisis to the next as it battles the ongoing disaster at the Fukushima nuclear power plant. US nuclear inspector Dale Klein is demanding the intervention of foreign experts, but a quick solution is unlikely.
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The New American Dream: It's Not What You Think

The New American Dream: It's Not What You Think | EndGameWatch | Scoop.it
A recent Credit.com poll showed that nearly one in four people between the ages of 18 and 24 defined the American Dream as being debt-free.
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Population growth increases climate fear

Population growth increases climate fear | EndGameWatch | Scoop.it
California has 157 endangered or threatened species, looming water shortages, eight of the 10 most air-polluted cities in the country and 725 metric tons of trash washing up on its coast each year.
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Welcome to the slum of India | BBC Documentary

https://www.youtube.com/watch?v=4e8Cg9NGS7s https://www.youtube.com/watch?v=4e8Cg9NGS7s https://www.youtube.com/watch?v=4e8Cg9NGS7s https://www.youtube.com/w...
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Why Incomes Could Fall For the Next 30 Years

Every downturn in America’s economic history has been followed by a recovery. And since the 1930s, those recoveries have only taken a couple of years to materialize.
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