5⃣ At the World Bank Annuals, @patrioticmillionaires.org member @abigaildisney.bsky.social joined a panel including @neweconomics.bsky.social's Fernanda Balata to discuss how we can measure extreme wealth.

In this week’s Closer Look, we explore how timely and dangerous that threat has become and what world leaders must do to confront it. patrioticmillionaires.org/perspectives...

@febalata.bsky.social is now stressing the heuristic value of the Extreme Wealth Line and the importance of maximally opening up the debate on this topic.

Now @febalata.bsky.social on the reasons to focus not just on inequality, but specifically on the concentration of assets at the top. Fernanda is sharing the work that she (also within @neweconomics.bsky.social) and others in the extremewealthline.com have been doing.

9/9 This is a theory of change for our time. It starts in the streets. It grows through alliances. It holds power to account. It doesn’t ask permission. And it won’t stop! #FreePalestine #Gaza #GlobalEmergence #MagneticSouth #DemocracyAlways #TaxTheRich #ExtremeWealth

8/9 Democracy must be rooted in public will, not corporate or elite power. The politics of repair is how we begin to reclaim that meaning.

7/9 We’re witnessing what I call a Global Emergence, led by the Magnetic South. It’s a force for justice, repair, and collective action piercing through the crossroads moment we are in. fernandabalata.substack.com/p/the-magnet... And it’s already reshaping global norms.

6/9 But public pressure is not only mounting, it’s working. People across Global North and South divides are forcing governments to act, even when global bodies fail.

5/9 These corporations hide behind elite wealth and global impunity. They’re part of the same system hollowing out democracy. That’s what I call the harms of extreme wealth as outlined here neweconomics.org/2025/01/expl....