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.
At the annual Davos retreat of our global elites, the world’s wealthy wring their hands over the widening inequality they themselves so relentlessly widen.
Those arrows aren’t hitting their lovelorn targets the way they once did. The reason? New research points to our growing economic divide.
Equal pay for equal work? We still haven’t arrived at that destination. Decent pay that reflects the dignity of all who labor? In today’s America, we’ve barely even begun that journey.
The new Toronto-based Wagemark campaign is aiming to change the global conversation on CEOs, workers, and the real value of their labor.
A prominent conservative in Congress has released a tax reform package that actually will not leave the rich significantly richer. Should we be grateful for small blessings — or suspicious? Or both?
Why should moving data around be any different from moving people? No private party, the battle over the latest pending Comcast merger reminds us, ought to be getting rich off a basic public trust.
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.
“Do you recall a time in America when the income of a single school teacher or baker or salesman or mechanic was enough to buy a home, have two cars, and raise a family? I remember.”
Robert Reich, former U.S. labor secretary, The Great U-Turn, March 6, 2014
The world’s “ultra high net worth” crowd — individuals worth at least $30 million — now number 167,669, says a new Knight Frank report. Their total wealth: $20.1 trillion in 2013, almost half as much as the combined net worth of the 4.2 billion global adults who hold less than $100,000 in wealth.
Who rates as greedier, global bankers or the CEOs at the world’s cruise ship giants? . . . Billionaire antique hunger explained.
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.