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?
Could the classic conservative put-down of progressive public policy become a strategic template for attacking over-the-top CEO pay? Innovative state lawmakers in California and Rhode Island are aiming to find out.
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.
“A maximum pay ratio would recognize the important principle that all workers should share in a company’s success and that gaps between those at the top and low and middle earners cannot just get wider and wider. The idea must now be properly debated.”
Deborah Hargreaves, director, High Pay Centre, How to make top pay fairer, July 14, 2014
Rolls-Royce sales worldwide jumped 33 percent in the first half of 2014 over their 2013 first-half total, the luxury car company announced last week. The entry-level Rolls model, the Ghost, starts at around $250,000.
Summering in the Hamptons . . . Sitting on windfalls at Citi . . . A Craigslist for mega millionaires.
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.