Just as you suspected, there’s a reason inequality is structural and self-perpetuating. But you might be shocked by just how few of the most well-off individuals are able to out-earn the generation before them. It isn’t the one percent we should be focusing on, but the 0.1 percent.
In what’s been criticized as a modern-day version of indentured servitude, a new batch of start-ups are giving investors the opportunity to turn people into profit by buying a piece of their future earnings. Could this be a solution to our student debt problem?
With more and more individual investors looking to real estate as just another money-making commodity to add to their portfolio, rents are being driven to unreachable heights for all but the wealthiest among us.
Projected revenue figures for Colorado on marijuana taxes have been revised up and up and up, and Governor John Hickenlooper plans to put almost all of that money toward public health and addiction prevention programs.
A tiny fee charged to the biggest banks could generate hundreds of billions of dollars every year for social services, but what effect would it have on Wall Street?
Kickstarter and Indiegogo together bring in more than half a billion dollars annually for creators, but a new wave of crowd-funding sites are hoping to correct for some of their flaws.