“Behind every great fortune lies a great crime” ... French novelist Honoré de Balzac
No one disputes the fact that the global pandemic threw us all under the bus. Some of us got sick. Some of us lost loved ones. Others lost jobs. Others reaped the benefits. At Inequality.org, journalist Chuck Collins recently shared some statistics concerning the ever-increasing disparity between billionaires and average folks. In a nutshell, the rich not only got richer – they got a lot richer.
Pandemic profiteers like Musk and Bezos made out like bandits and the figures are jaw-dropping. At the start of the pandemic, Tesla CEO Elon Musk was worth about $25 billion dollars; two years into the pandemic his wealth had surged to $255 billion. When last checked – March 18, 2024 – Musk is at $188.5 billion. That’s more than a seven-fold increase in four years.
At the same time, Amazon founder Jeff Bezos’ wealth has soared from $113 billion to 192.8 billion – even after donating tens of billions to charity and paying out tens of billions more in a divorce settlement with his now ex-wife, MacKenzie Scott.
Speaking of Ms. Scott, she’s the only billionaire on the 2020 top 15 wealthiest Americans list to see a decline in her wealth decline from a net worth of $36 billion in 2020 to $35.4 billion due to her generous giving to charity. At least someone has their values in check.
In 2022 the U. S. Bureau of Labor Statistics summed up one study of COVID’s impact on those of us who were just trying to keep our heads above the water line:
The pandemic disrupted lower-paid, service-sector employment
most, disadvantaging women and lower income groups at least
temporarily, and this may have scarring effects...Higher-paid
workers tend to gain more from continuing opportunities to
telework. Less-advantaged students suffered greater educational
setbacks from school closures. School and daycare closures
disrupted the work of many parents, particularly mothers. We
conclude that the pandemic is likely to widen income inequality
over the long run, because the lasting changes in work patterns,
consumer demand, and production will benefit higher income
groups and erode opportunities for some less advantaged groups.
The U. S. Bureau of Labor Statistics got it right. Income inequality grew like cancer cells in the course of the pandemic. Collins’ data tells us that in March 2020 the U. S. harbored 614 billionaires worth $2.947 trillion. In March 2024 the number of billionaires had grown to 737 billionaires worth $5.529 trillion.
If not always illegal, this vast increase in billionaires' wealth has deadly consequences.
In 2022 Oxfam International published Inequality Kills, a report detailing how inequality “is contributing to the death of at least 21,000 people each day, or one person every four seconds. This is a conservative finding based on deaths globally from lack of access to healthcare, gender-based violence, hunger, and climate breakdown.”
Oxfam’s International Executive Director Gabriela Bucher made it quite clear just what led to that perilous state of affairs:
Central banks pumped trillions of dollars into financial markets
to save the economy, yet much of that has ended up lining the
pockets of billionaires riding a stock market boom. Vaccines
were meant to end this pandemic, yet rich governments allowed
pharma billionaires and monopolies to cut off the supply to
billions of people. The result is that every kind of inequality
imaginable risks rising. The predictability of it is sickening.
Fixing – or at least ameliorating – inequality is no easy task. The recommendations of the Peterson Institute for International Economics include: governments need to address inequality directly and specifically; taxes and spending programs must be progressive and benefit others than the wealthy; novel approaches must replace tired, by-the-book policy.
Whatever remedies one favors to deal with the obscene inequality of wealth here and elsewhere, the time to act is now. As Oxfam’s Bucher says: “The consequences of it kill.”
Guardian Angels Clash with Rioters in NYC: A Better Model for Policing?
While their founder is far from perfect, their model of policing could go a long way to easing tensions
When you imagine a 66-year-old white man taking justice into his own hand to face down looters in the ongoing protests of police brutality, it sounds horrible.
And in many ways Curtis Sliwa, the founder of the Guardian Angels, would probably meet your expectations. He is a brash Republican talk show host who is hoping to unseat Bill De Blasio as mayor in 2021. He's fond of dramatic publicity stunts, he's currently advocating for more aggressive police action to break up the protests...of aggressive police action, and he referred to the East Village Foot Locker he and his fellow Guardian Angels defended from violent looters on Tuesday night as "the jewel in the crown" because he assumes that rioters "were looking for the sneakers, limited edition." In other words, Sliwa is kind of gross, but his organization is surprisingly not.
An unarmed volunteer organization that Sliwa founded in the late '70s to patrol streets and subways in order to deter crime and fight off muggers, the Guardian Angels' ranks were mainly made up of young black and latino men who wanted to fight back against the crime that ravaged their New York City communities. While that vigilante impulse has often led to violence and further injustice, the fact that the Guardian Angels were armed with nothing but their signature red berets and "karate," operating mainly through collective intimidation to deter crime in their own communities, speaks volumes in their favor.
© Stephen Shames/Polaris
It's no wonder the organization grew so quickly, with chapters opening all over the world. Admittedly their prominence has declined somewhat in recent decades, but considering the adoption of hyper-violent vigilante symbols by many police officers, perhaps it's time for the Guardian Angel's model of vigilantism to have a resurgence—or perhaps even to be adopted for official police tactics.
Imagine a world where seeing a police uniform didn't automatically indicate someone with a gun. What if guns were reserved for certain officers and certain situations, and patrol cops relied on numbers, intimidation, and non-lethal force—including but not limited to martial arts (and maybe those sheets that Japanese police roll people up in)—to prevent, deter, and defuse violent crime. And imagine if those cops had close ties to communities they patrolled—actually lived in those neighborhoods—and had that added incentive to resolve situations peacefully.
While some cities have residency requirements for their police, these measures are often not enforced. And even in cities like New York, where police use of guns has declined, the constant threat of possible gun violence heightens tension between police and the communities they're intended to serve—especially when there is no sense that the officers have any investment in the neighborhoods they patrol.
Obviously the danger involved in fighting crime and arresting criminals shouldn't be downplayed—Sliwa and at least one other Guardian Angel were hospitalized with serious injuries following Tuesday night's confrontation with looters—and sometimes firearms are necessary in that work. But considering how many nations' police don't regularly carry guns—and the fact that pizza delivery is technically a more dangerous job—maybe the average beat cop can get by with a kevlar vest, a bodycam, and some martial arts training. Maybe these cops could be part-time or semi-professional—like an officially sanctioned neighborhood watch or citizen patrol with some training, arrest powers, and extra pocket money. If we dramatically scaled down the size of our traditional police forces, then we could afford programs with a less hostile approach to localized patrolling.
Curtis Sliwa and a fellow Guardian Angel survey the West Indian Day parade in Brooklyn, 2007
Needless to say this is in no way an endorsement of Curtis Silwa, who faked his own 1980 kidnapping and once had his members spraypaint "KKK" and "White Power" outside their headquarters for publicity. He was and remains a jackass, but even a jackass is entitled to a good idea now and then. And considering the current backlash against excessive force and the militarization of the police, maybe the Guardian Angels' model can point the way for some of the necessary reforms.
Would it solve everything? No. After all, Derek Chauvin didn't even need his gun when he killed George Floyd—only his knee. But we have to do something, and maybe treating our police more like red berets rather than green berets could begin to ease tensions in over-policed neighborhoods—and could start to heal the painful history of oppression and institutional violence in America's minority communities.
- Guardian Angels rumble with looters at East Village sneaker store ... ›
- 'Guardian Angels' patrol NYC against looters | Fox News Video ›
- Guardian Angels, Looters Clash At Manhattan Foot Locker | WCBS ... ›
- The Guardian Angels are trying to keep the peace amid looting ›
- Guardian Angels, NYC looters clash in George Floyd protests - New ... ›