Study: COVID-19 Exacerbating America’s Massive Wealth Inequality and Racial Divide

Black Americans are dying at almost three times the rate whites are, with Latinos and Native Americans also dying at elevated levels to the rest of the population.

Alan Macleod
By Alan Macleod
COVID-19 Feature photo

The United States continues to lift emergency COVID-19 restrictions, even as infection rates continue to climb in many states. June 18 and 19 saw over 33,000 new cases each, among the highest daily totals since the pandemic began. Economically, the pressure for tens of millions has not been lifted at all and new data from the Institute for Policy

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Podcast: Pandemic Profiteering – How Billionaires Are Looting American Taxpayers

In this segment of Mintcast, journalist and author Alan MacLeod discusses how COVID-19 became a boon for the ultra-wealthy and allowed America’s billionaires to accrue more wealth in just three weeks of lockdown than they made in total prior to 1980.

Mnar Adley
By Mnar Adley
Alan Macleod Podcast Feautre

Welcome to MintCast, the official MintPress News podcast hosted by Mnar Muhawesh. MintCast is an interview podcast featuring dissenting voices, independent researchers, and journalists the establishment would rather silence. In this episode, we are joined by MintPress News senior staff writer, Alan MacLeod. MacLeod covers everything from

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Media Elite Denounce Looting Even as Billionaires Reap Record Profits from Taxpayer-Funded Bailouts

A mountain of studies on wealth inequality have shown its corrosive effect on social cohesion, with the more unequal a society gets, the less likely people are to see themselves as participants in a community and view others as a threat.

Alan Macleod
By Alan Macleod
Minneapolis Looting Feature photo

The extrajudicial killing of African-American man George Floyd by Police Officer Derek Chauvin sparked a storm of protests both in Minneapolis and across the country. These have included large peaceful demonstrations, but also arson, destruction of property and looting. Police have abandoned multiple precincts in the face of overwhelming popular

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“Germ-Ridden Masses” – How America’s Wealthy Elite Describe the Rest of Us

Increasingly, journalists at establishment publications come from and represent the one percent that they claim to be holding to account.

Alan Macleod
By Alan Macleod
Mike Bloomberg Feature photo

Many of the world’s super wealthy are trying to wait out the COVID-19 pandemic on their luxury yachts. But how to get to them without interacting with the public and catching the virus themselves? Such are the difficult quandaries only billionaires have to deal with. Fortunately, financial news outlet Bloomberg has solved the big question of the

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Study: Coronavirus Has Been a Massive Boon for America’s Billionaires

A new study found that in the past eight weeks alone, the country’s super wealthy have added a further $368.8 billion to their already enormous fortunes.

Alan Macleod
By Alan Macleod
Coronavirus Billionaires Feature photo

America’s billionaires have seen their wealth increase by 12.5 percent during the COVID-19 lockdown period. The Institute for Policy Studies (IPS), a Washington, D.C.-based think tank, released a study Thursday showing that, in the eight weeks between March 18 and May 14, the country’s super wealthy have added a further $368.8 billion to their

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World’s Super Rich Buying Pandemic Escape Mansions in New Zealand

A number of the planet’s richest people, including billionaire co-founder of Paypal Peter Thiel, are escaping to New Zealand to shelter in luxury bunkers amid the COVID-19 pandemic.

Alan Macleod
By Alan Macleod
Survival Bunker Feature photo

Instead of paying $24,000 for a haircut or spending $120,000 on a banana duct taped to a wall, the world’s super wealthy have found a new commodity to purchase: pandemic bunkers in New Zealand. A number of the planet’s richest people, including billionaire co-founder of Paypal Peter Thiel, have, amidst a growing global pandemic, escaped to the

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