Source: The Mercury News | By Gabriela Sandoval

Housing insecurity in the United States has surged in the wake of COVID-19, ongoing inflation and cost of living increases. Living in a state facing unprecedented homelessness rates, I witness the struggle for housing security daily. However, the pandemic illuminated ways to protect people from housing insecurity.

Source: Inequality.org | By Gabriela Sandoval

I’ve been a student of inequality for a long time—as a curious child and later as a sociology professor. Eventually, I left academia and came to work at the Insight Center for Community Economic Development as the research director for a project known as the Closing the Racial Wealth Gap Initiative, where I noticed a stark pattern.

Source: Fortune | By Alan Davis

Everyone should know that we’re heading to a climate disaster that can best be modified by immediate actions addressing the causes. But it doesn’t appear that the excessively rich are feeling the heat and stepping up to the plate.

Source: Capitol Weekly | By Shimica Gaskins and Gabriela Sandoval

After years of budget surpluses and replenishment of the state’s Rainy Day Fund, California now suddenly faces budget uncertainties that could severely stymie its continuing forward progress.

Source: CNN | By Chuck Collins

In the United States, we are now treated to regular announcements about benevolent billionaires pledging to share their wealth. Amazon founder Jeff Bezos, for instance, recently told CNN that he would be giving away the majority of his $124 billion fortune in his lifetime.

Source: Medium | By Crisis Charitable Commitment

When Elon Musk confessed that he was in a “goblin mood” a few weeks ago, most of us probably didn’t expect that his temper tantrum would lead to his purchasing one of the world’s most important social media platforms. But when our oligarchs decide they want something, they usually get it. Similarly, when they decide to get rid of things they don’t want — like fair wages, union rights, environmental protections, or democracy — they also get their way.

Source: Inequality.org | By Chuck Collins

Bernie’s Right: Three Billionaires Really Do Have More Wealth Than Half of America. And in addition to the 3 billionaires Bernie mentioned, we should also be worried about the expanding fortunes of multi-generational wealth dynasties.