Michael Vaughan

@michaelvaughan.bsky.social

Researcher currently working on the politics of (wealth) inequality and communication | Leverhulme Early Career fellow at LSE’s International Inequalities Institute

“Musk has become increasingly important in European politics in recent years at a time when his wealth has increased in hugely exponential terms” @michaelvaughan.bsky.social was quoted in @theguardian.com on Elon Musk’s outsized influence over political processes. buff.ly/xfxoeqz

Elon Musk posted twice as often on UK race and immigration as about SpaceX in IPO run-up

Guardian analysis of X feed shows how keen world’s richest person was to air his views and ‘interfere’ in British politics

theguardian.com

While most people prefer equal inheritance, wealthy individuals are more willing to support unequal transfers when they help preserve wealth across generations ➡️ based on new experimental evidence now published with @natrinh.bsky.social and @dariatisch.bsky.social in @sfjournal.bsky.social

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Nhat An Trinh@natrinh.bsky.social · 7mo ago

Excited to share a new #OA study with @dariatisch.bsky.social and @schechtlm.bsky.social🎉We show that while most people prefer equal inheritance, wealthy individuals are more willing to support unequal transfers when they help preserve wealth across generations ➡️ academic.oup.com/sf/advance-a...

In this blog, we explain why we need to have an Extreme Wealth Line, just like the Extreme Poverty Line. Also, having a line as a social indicator does not necessarily commit one to a limit on wealth possession via taxation only; it's a regulative ideal. blogs.lse.ac.uk/inequalities...

Let’s be clear – an Extreme Wealth Line is not a cap on wealth

An extreme wealth line (EWL) defines a level where the harms associated with extreme wealth become socially unacceptable. It is not the same as a cap on wealth

blogs.lse.ac.uk

Absolutely dystopian juxtaposition from the Guardian front page. Difficult to understand how anyone of decency and conscience can defend this government at this point. Just sheer moral degeneracy to arm a state that does this and arrest people for objecting. Wtf are we doing as a country?

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“Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed.” Starmer’s policy: a transfer of resources from the poorest, straight to the arms industry.

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Given the local election results in the UK, a short #thread - based on much of our own research - on the vicious cycle of radical right support that we have seen in many countries. 1) When radical right parties (such as Reform) are electorally successful established parties move right on immigration

The wealth of billionaires is growing very fast (7-9%/year). Let's be clear: a 2% wealth tax is an important first step, but it won't be enough to stabilize the ⤴️ concentration at the top. 5-10% is the minimum to stop inequality from rising. These questions must be part of open, democratic debates.

World Inequality Lab@wid.world · last yr.

Want to #TaxTheRich? Try the new version of the Global #WealthTax Simulator 🎛️ ✔️Select any region/country or the world as a whole ✔️Input your preferred tax rates ✔️Adjust depreciation or tax evasion parameters ✔️See how much revenue you'd raise ▶️ wid.world/news-article... We tested with France 👇🇫🇷