It’s time to block reckless AI IPOs and tax billionaires | Naomi Klein and Ilana Glazer

Source: guardianTech November 2, 2026 · 02:00
It’s time to block reckless AI IPOs and tax billionaires | Naomi Klein and Ilana Glazer
From the publisher
We cannot let the billionaire class take unprecedented risks with our futureAmerica is a divided country in crisis. Despite the sunny economic forecast coming from the Trump administration, millions of Americans are struggling to find and keep jobs, getting crushed under the rising cost of living, and losing health insurance when they need it the most.Meanwhile, via corporate consolidation and political corruption, the billionaire class is getting richer faster than ever before: a 40% increase in wealth in just the last two years. Today, the combined wealth of nearly 3,000 global billionaires equals one-fifth of the entire world’s yearly output. Nearly 1,000 billionaires live and do business in the United States. Continue reading...

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Capital
Washington D.C.
Region
North America
Income level
High income
ISO code
USA
Data: World Bank

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