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.
Americans are gaining, ever so slowly, a more accurate picture of just how wide the gap has stretched between the nation’s most fabulously privileged and everyone else.
In plain yet powerful language, Pope Francis is challenging the givens of our deeply unequal world — and helping inspire resistance to it.
America’s corporate CEOs feel entitled to pensions that pay out $86,000 monthly. To protect their entitlement, they’re attacking ours: Social Security.
Back in Al Capone’s day, Prohibition helped give rise to a rash of epic crime-boss fortunes. In our day, deregulation has spawned on Wall Street an entire new generation of fabulously rich racketeers.
Exactly a hundred years ago, decades of progressive struggle finally paid off and outfitted America with a tool for braking the unlimited accumulation of grand private fortune.
Young activists in Switzerland have plutocrats hyperventilating — and spending a fortune to beat back a ballot initiative that would establish a legal limit on the pay gap between top execs and their workers.
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.
“Americans have a very strong sense that the deck is stacked against them by powerful corporations and the super rich who use their lobbyists and campaign contributions to control our government. If Obama is going to rally people to take on those forces, he has to name them and take them on.”
Richard Kirsch, Roosevelt Institute, December 5, 2013
Between 2000 and 2010, Economic Policy Institute researchers note, the Washington, D.C. area added more top 1 percent households than any other metro area in the United States. Public officials make up less than 8 percent of D.C.’s top 1 percent households. Exactly half the D.C. area’s rich provide “professional services,” a category that includes the private contractors who feast off federal contracts.
By the tens of thousands, Americans urge federal regulators to start requiring corporations to disclose the pay gap ratio between their CEO and workers . . . A jailed CEO goes free . . . Bankers and the sense of entitlement.
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.