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.
Income gaps and wealth concentration go hand in hand, new global stats make clear. With one exception.
America’s most powerful economic policy maker dramatically charges that inequality is choking off opportunity for average families. Political candidates across the nation pay absolutely no attention.
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.
Americans want what 21st century politics has so far not delivered: real options for challenging concentrated wealth. The latest evidence.
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.
“That someone who labors all year to gross $80,000 bears the same federal income tax burden as someone making $5 million per week illustrates how much the tax cuts signed into law by Presidents Bill Clinton, a Democrat, and George W. Bush, a Republican, benefited investors rather than workers.”
David Cay Johnston, Pulitzer Prize-winning tax journalist on a new IRS analysis of America’s 400 highest-income tax returns, November 21, 2014
The CEOs running U.S. companies bought up in this year’s 10 largest merger deals will rake in $340 million worth of severance, researchers from Equilar conclude in a just-released report.
Sky garages in Miami . . . Private jet rides and Olympic skiers . . . Wall Street wants more nerds!
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.