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.
Luxury fortresses. Armored cars. Helicopter commutes. The abominably unequal ‘good life’ may be closer than you think. Meanwhile, in South Africa, a real push back begins.
The lesson of the Reinhart-Rogoff affair: If we let wealth continue to concentrate — and corrupt every element of our contemporary societies — we’ll all end up crying ‘96 tears.’
Every spring, top U.S. media outlets and business research organizations begin releasing compensation surveys that detail executive pay levels over the preceding year. These surveys seldom sample the same corporations — or measure pay the same way — and, consequently, almost always generate somewhat different results. This Executive Pay Scorecard compares the various reports released [...]
For the grasping managers of Corporate America — and the institutions their wealth dominates — no workers deserve dignity, not even the most amazingly accomplished.
America’s deepest pockets, a new report shows, are saving big bucks from the U.S. tax code’s wide assortment of income tax breaks. They’re saving even more from the absence of a wealth tax.
If President Obama played basketball with the king of Bhutan, would the world have a better shot at becoming a happier place? A leading egalitarian analyst and activist explains why he’d love to see the game.
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.
“Our economy is currently experiencing a ‘members only’ recovery. Ninety-nine percenters needn’t apply.”
Timothy Noah, Fairness Doctrine, Democracy, Summer 2013
America’s most typical income-earners, analysts at Sentier Research are now estimating, took home this past January 7.3 percent less, after inflation, than they earned in January 2000 — and 4.5 percent less than they earned in June 2009, the year the Great Recession officially ended.
Is someone with over $3 million to invest wealthy? . . . A venture capitalist talks sense about job creators . . . Looks who cheering at the Wal-Mart annual shareholders meeting.
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.