The Collapse Chronicle
collapsechronicle.bsky.social
I edit a newsletter that bears witness to the unwinding and collapse of late stage capitalism. The current system will collapse in the near future due to environmental overshoot and resource constraints.
👤 Joined on 14 November 2024
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California’s billionaires have a combined net worth of $2.4 trillion. Under Prop 40, their net worth would fall to…just under $2.3 trillion. What amounts to a rounding error for them would allow millions of their fellow Californians to afford healthcare. Vote yes on Prop 40.
Show PostFriends — It's time to defund Elon Musk. https://robertreich.substack.com/p/defund-musk
Show PostThe 400 richest Americans are now worth a record $8 trillion. The entire bottom 50% of American households is worth just $4.27 trillion. Read that back. When 400 people control more wealth than half a country’s population, we have a very serious problem.
Show PostDon't forget that nearly all Republicans in Congress stood by and supported Trump's... -Tax cuts for the rich -Cuts to the social safety net -Iran War -ICE abductions & National Guard deployments -Inflationary tariffs -Blatant corruption His unpopularity is theirs too — and the midterms are here.
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