Discover and read the best of Twitter Threads about #PlutOligarchy

Most recents (3)

#AgeOfDeception: “#Washington is filled with politicians and organizations that hyperventilate about government #debt and the burden it imposes on our children, but they ignore the burdens imposed by #patent and #copyright monopolies granted by the government.” Image
“Suppose that we were spending another $50 billion a year on medical #research in order to replace #patent supported research, and all the findings were placed in the #public domain so that all #drugs were sold as #generics. ...
... The annual #deficit would be $50 billion higher due to the additional spending on research, but we would save $380 billion a year on drugs due to generic pricing.”
Read 5 tweets
#Democracy/#FacaDemocracy: “Bolstering these #IntellectualProperty protection devices is an expanding set of inter-government deals. The construction of the global #market #system has been marked by a proliferation of over 3,200 bilateral and multilateral treaties on trade ...
... and investment, most of which have never been subject to any #democratic mandate or accountability."
"…. As one Investment #banking expert noted: 'It is a mistake to call it a trade agreement. This is really an agreement that's [sic] purpose is substantially to weaken nation-based #regulation while at the same time strengthening #IntellectualProperty protections.' ...
Read 11 tweets
#Scenarios: "we present a model that extrapolates observed growth in #millionaire numbers (1990–2020) and associated changes in #emissions to 2050. Our findings suggest that the share of US$2020-millionaires in the world population will grow ...

sciencedirect.com/science/articl…
... from 0.7% today to 3.3% in 2050, and cause accumulated emissions of 286 Gt CO2. This is equivalent to 72% of the remaining carbon budget, and significantly reduces the chance of stabilizing climate change at 1.5 °C."

#CarbonInequality #inequality
"most recent assessment indicates changes in distribution, with the top 1% now being responsible for 17% of total #emissions, the top 10% for 48%, and the bottom half of the world population for only 12% (in 2019). These numbers illustrate the role of the #wealthy in ...
Read 17 tweets

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