“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.”
Dance Dance Counter-Revolution – We Built a Playlist Fit for a Dictator
The sounds of the summer don't have to just be the cries of your enemies...
There was a time when, if a leader of a nation wanted to speak to their people, they could just hop on the radio and instantly be transported into every living room. Nowadays, politicians –– democrat and demagogue alike –– have to fight to be heard above the unending noise of social media, where the inane musings of a citizen's friend is given equal time as whatever pronouncement they (the politicians) wish to make. Increasingly, this has led to attention-starved politicians engaging in some previously unimaginable behavior, in a seeming attempt to not just compete with your online friends, but become one of them.
The current U.S. President has eschewed the official White House statement in favor of stream-of-consciousness tweeting that resembles some kind of fridge poetry for Tea Party uncles. His predecessor, CoolDadPresident™ Barack Obama, realizing that Roosevelt's fireside chat shtick wouldn't work with the kids, did something different. Realizing that music is both a Thing That Humans Generally Like and a excellent signifier of cultural literacy, the White House published a series of summer playlists curated by the President that combined tracks from some up-and-coming artists (Courtney Barnett's, "Elevator Operator" made an appearance) with undeniable classics like Miles Davis' "Flamenco Sketches".
But why should elected leaders be the only ones who get to cut a mixtape? What about the outcasts of the global order; the ones who everyone avoids at UN meetings? Don't dictators love to dance too? According to The Guardian, the answer is yes, at least in the case of Bashar Al-Assad, whose iTunes purchase history reveals that even the Syrian autocrat is not immune to the charms of LMFAO's "I'm Sexy and I Know It". Years of brutal civil war has left Al-Assad's image somewhat tarnished (war crimes will do that), so perhaps he should find some time in-between barrel-bombing sessions to reveal the softer side of himself; the Bashar who, like any regular loving husband, sends Blake Shelton songs to his wife. Yes, he may have given the order to shell Homs into glass that same day, but it's a start.
So, in the spirit of the humble profession of providing PR advice to despots, I have compiled what I think is a perfect summer playlist fit for any established or prospective authoritarian; one that is sure to give them a much-needed image boost, as well as providing a few helpful tips along the way:
Track 1: "Who Wants the World" by The Stranglers
Before you can even begin to throw that tyrannical power around, you've got to have the ambition to take it. The Stranglers' 1980 new wave classic should get you pumped up for some putsch-ing. "Who waaaants the world?" You do.
Track 2: "Cruel" by St. Vincent
Any dictator worth their salt knows that, even with ambition, seizing and maintaining their positions can't be done with a clean pair of hands. That's okay though, the lilting melodies of Annie Clark should be cool enough to help you drown out the screams you hear in your head.
Track 3: "SHAME" by Young Fathers
So you've taken power, but something feels off, right? People really seem to not like you. Sure, you might've "disappeared" half their family, but your "dodgy dealings just got deadly", it's nothing to be ashamed of. In fact, they should be the ones who are ashamed. Sing it with me: "What a shame on you/Where's your gall when it's a shame on you?"...
Track 4: "Illicit Fields" by Ka
Being a dictator can be tough, but it can have its perks, even if they might be a little blood-stained. Mixing sweeping melodies and punchy samples, Ka's Honor Killed the Samurai depicts the grey moral territory of life on the margins, where there is very little time for sweeping generalizations like 'good' and 'evil'. It's a seismic work, and sure to provide lots of cool credibility when you invite some influencers over to one of your six places to listen to it on vinyl. Just don't sound too into it when you're singing the hook: "Hate's well known/It's that love I'm unfamiliar with".
Track 5: "Rasputin" by Boney M
With all of this good publicity, you're probably going to be so tied up giving interviews and re-tweeting praise fromNew York Times op-ed columnists that you'll need a reliable henchman to run the affairs of state in your stead. Just make sure that he's at least somewhat qualified. Oh... he's a womanizing cult leader who may or may not be sleeping with your wife? Eh, I'm sure everything will be fine. Plus, his song is so catchy.
Track 6: "The Partisan" by Leonard Cohen
The henchman thing didn't work out, there's rebellion in the air. It'll be okay though; just study this legendary Résistance hymn and you'll get to know your enemy. A bit of Cohen should also help you court some hipsters to your side, and he once published a book of poems entitled Flowers for Hitler, which sounds like a dictator-y thing to bring to a meeting with Hitler. There is something eerily sleep-inducing about the way that Cohen strums through a song that is so saturated with sadness and death; it's enough to make you ignore the wind that's blowing...
Track 7: "Sinnerman" by Nina Simone
There's really nothing that dictators obsess about more than the pursuit of immortality. Obtaining a permanent place in history, whether it be through building palaces, empires, or body counts, is kind of the dictator thing. But, as Simone herself once noted, "time is the dictator of us all," and there's a certain justice that, in the end, everyone fears. This winding, ten-minute symphony of a song is probably Simone's greatest work, and her engine-like piano playing and rhythmic vocals are the perfect accompaniment to some vigorous exercise; the kind of exercise that you'd get from say, running away from an angry mob. Turn it up, tyrants –– time to figure out "where you're gonna run to"...