Dedicated to the notion that our world would be considerably more caring, prosperous, and democratic if we narrowed the vast gap that divides our wealthy from everyone else.
America’s 400 richest are collecting far more of the nation’s income than they did two generations ago — and paying Uncle Sam far less. To fudge these facts, pals of plutocrats are having to work overtime.
New research and another dose of on-the-ground reality are shredding what little credibility the rationalizers of inequality have left.
To really take on grandiosity and greed, a new report from a prestigious CEO pay watchdog suggests, we may need to shove onto the global political stage the notion of a maximum wage.
The CEOs of America’s 20 largest restaurant chains must be providing diners some mighty fine service. Their ‘performance’ is costing Uncle Sam nearly a quarter-billion dollars a year.
The kingpins of Congress have spent years carving tax loopholes that help America’s CEOs fleece the federal treasury. Now these kingpins are pushing a corporate tax ‘reform’ that ignores the loopholes.
We’ll only make real progress against the absence of wealth at the bottom of our economic order, an ambitious new global campaign declares, if we confront the concentration of wealth at the top.
A century ago, just like today, the rich dominated American economic and political life. But by the mid 20th century a mass middle class had shrunk this rich down to democratic size. How did that ever happen?
This American Library Association “outstanding title” of the year explores the price we pay for massive inequality. Now available for reading online.
By every measure that matters, relatively equal nations outperform nations where income and wealth concentrate at the top. This powerful new book explores these contrasts — and explains them.
“Plutocrats have always been a self-regarding bunch, but it is obvious that the species of zillionaire that subsidizes magazine journalism today suffer from a form of upper-class delusion that was unknown just 50 years ago.”
Thomas Frank, Salon, December 15, 2014
The richest 2 percent of Americans, a new Center for Global Development study reports, produce four times as much in greenhouse gas emissions per person as the poorest 20 percent of the population.
Pets in flight . . . Why we need Jimmy Stewart back . . . A banker who has survived the housing crash in smashing style.
Top media outlets and business researchers annually release compensation surveys that detail executive pay levels over the preceding year. These surveys seldom sample the same corporations — or measure pay the exact same way — and, consequently, almost always generate somewhat different results. We sum up the latest top national and regional survey results here.