Wealth Concentration, Inequality and the Shrinking of Democracy

Pete Buttigieg: Inequality of power and wealth puts US democracy 'on the brink'

Recently, former US Secretary of Transportation Pete Buttigieg voiced deep concern about the country's future. He said the democratic system that has defined much of the nation's 250-year history is "on the brink," warning that the US is "on the brink

Concentration of wealth, the shrinking of democracy, and deepening economic inequality

By Vikas Parashram MeshramGlobal Research, August 10, 2026 The world recently witnessed a milestone that had been anticipated for years, yet instead of being celebrated as a symbol of global progress, it became a stark reminder of the widening economic chasm. On 12 June 2026, Elon Musk became the world’s first trillionaire. Following SpaceX’s stock market listing, Musk’s wealth surged past one trillion dollars in a single day.According to Forbes…

Wealth Concentration, Inequality and the Shrinking of Democracy

The world recently witnessed a milestone that had been anticipated for years. Yet instead of being celebrated merely as a symbol of economic progress, it also became a stark reminder of the extraordinary concentration of wealth in the modern world. On 12 June 2026, Elon Musk became the world’s first trillionaire after SpaceX made its stock-market debut […]