So yes, Billie’s comments and contributions matter. They open a door, and I hope they will be put to good use. But the real conversation is bigger: it’s about reclaiming democratic power and building systems that guarantee dignity for all.

The urgent priorities for a democratic future are progressive taxation, universal care and health, investment in people and the planet. We must value shared well being and everyone's work and contributions, not skewed extreme private accumulation.

We can’t build a sustainable, democratic society if decisions affecting majorities depend on whether wealthy individuals choose to fund them. That isn’t democracy, that’s dependency.

What people, families and communities need is institutionalised dignity: public resources and spaces not steered by private capital, affordable care, inclusive mobility, decent homes, healthy food. These should be guaranteed rights – not dependent on the occasional benevolence of the super rich.

But this conversation can’t stop at personal responsibility. Philanthropy hasn’t solved our social and economic ills. Our work on an Extreme Wealth Line shows that a real solution means asking whether anyone should control such disproportionate levels of the world’s resources in the first place.

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.