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.
A bold new egalitarian take on our modern economy from France joins a powerful rendering of inequality’s toll — on our daily lives — from the UK. Blend the two into our politics and watch plutocracy start shaking.
Deep in the heart of Texas, still another billionaire is scheming to make public education a rewarding business investment opportunity.
Workers in the United States don’t make double what workers make in Japan or Switzerland. Why should U.S. CEOs routinely make double — and often much more — than Japanese and Swiss top execs?
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.
Pundits and political scientists are always searching for that simple theory that’ll explain just what makes our politics tick. Where should they be looking? How about in the eyes of a billionaire at tax time?
The outsourcing of public services to private go-getters is concentrating wealth the whole world over. The best answer to that concentration? That just may be new forms of public ownership.
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.
“Another year has passed with no one from a Wall Street bank going to jail for the criminal behavior everyone knows helped cause the financial crisis. Fines against Wall Street banks are reaching $100 billion, but all will be paid by stockholders. Bank CEOs and managers pay no fines and face no prison.”
Ted Kauffman, former U.S. senator from Delaware, Forbes, July 22, 2014
In 2013, the federal government gave $137 billion in tax benefits to encourage retirement savings. Americans in the top 10 percent drew three times more of these benefits than Americans in the bottom 60 percent.
Summer camp for the tykes of the super rich . . . Why doesn’t CEO pay make sense? . . . A notorious manse goes on sale in hedge fund country.
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.