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Quick Thoughts on Wealth

Article Dean Baker’s Beat the Press

Quick Thoughts on Wealth

Reducing wealth inequality requires more than taxing billionaires; strong public services and democratic reforms are more effective at limiting concentrated economic and political power.

By Dean Baker

Close-up of a phone screen displaying a social media profile with a black circle and white X logo. Below, a verified username is shown. In the background, an out-of-focus blue bird logo and the text Twitter, Inc. are visible.
(Los Angeles Times) A Presidential Partnership With Trump Could Be Disastrous for Colombia

Article Mark Weisbrot’s Columns

(Los Angeles Times) A Presidential Partnership With Trump Could Be Disastrous for Colombia

President Trump’s endorsement of Colombian presidential candidate Abelardo De la Espriella is more than an unusual intervention in a foreign election. It raises the prospect of a close alliance between two leaders who favor militarized approaches to security and governance, with potentially far-reaching consequences for Colombia’s peace process, social progress, and political future.

By Mark Weisbrot

Presidential candidate Abelardo De La Espriella visits the Colombia-Ecuador border in Ipiales, Narino, marking the start of his campaign in the region, April 17, 2026. (Photo by: Camilo Erasso/Long Visual Press/Universal Images Group via Getty Images)
BYD To Award Trump Salesman of the Year for Promoting its EVs

Article Dean Baker’s Beat the Press

BYD To Award Trump Salesman of the Year for Promoting its EVs

Rising fuel prices and uncertainty linked to Trump’s war with Iran have accelerated global EV adoption, making China the biggest beneficiary of the resulting surge in demand.

By Dean Baker

Sleek gray BYD electric car showcased indoors with vivid floral backdrop. People admire the vehicle's modern design and striking rear lights. Photo by JustAnotherCarDesigner https://commons.wikimedia.org/w/index.php?curid=164175644
The Real Abundance Agenda: Weakening Patent and Copyright Monopolies

Article Dean Baker’s Beat the Press

The Real Abundance Agenda: Weakening Patent and Copyright Monopolies

Instead of focusing on zoning and deregulation, a true abundance agenda would weaken patent and copyright monopolies that raise costs, concentrate wealth, and limit access to medicine, technology, and housing.

By Dean Baker

A red rubber stamp with a white handle and red trim is shown. The stamp is imprinted with the word MONOPOLY in raised, reversed letters. Below the stamp, the inked imprint reads MONOPOLY in red capital letters on a white background.
Bolivia’s Streets Have Erupted. Here’s Why.

Article

Bolivia’s Streets Have Erupted. Here’s Why.

Bolivia is facing growing unrest as fuel shortages, rising prices, and economic uncertainty spread across the country. With reports of a possible IMF loan, many Bolivians fear a return to the austerity policies of the past, including subsidy cuts and other measures that could further increase the cost of living.

By Andrés Arauz

A demonstrator shouts slogans during a protest against the government of Bolivia's President Rodrigo Paz in La Paz on June 10, 2026. For weeks, protesters demanding that US-backed conservative President Rodrigo Paz's fledgling government address a deep economic crisis, while others called for his resignation, have marched and set up roadblocks, bringing Bolivia to a near standstill, driving up food and fuel prices and causing shortages of basic goods. (Photo by MARVIN RECINOS / AFP via Getty Images)
Inflation and Revisiting Section 230 – Make Musk and Zuckerberg Pay

Article Dean Baker’s Beat the Press

Inflation and Revisiting Section 230 – Make Musk and Zuckerberg Pay

New inflation data point to mounting economic pressures linked to Trump administration policies, while the European experience raises fresh questions about the need for Section 230 immunity for major social media platforms.

By Dean Baker

Headshots of Elon Musk and Mark Zuckerberg