Our hedge funds are celebrating another year of super earnings — with more crumbs for the victims of the political choices that have made hedgies so rich.
From new research on the Great Recession, still more evidence that maldistributions of income and wealth really matter
Let’s stop waiting for corporate insiders to fix our growing executive pay mess. Say on pay isn’t fixing anything.
Our global economy will never become more productive, the developed world’s official research agency suggests, if we continue to let wealth concentrate.
A slick new ad campaign from America’s most notorious billionaires is tugging at our heartstrings — and distorting the debate over inequality.
“Over the past decade, elites broke the world, and were unrepentant about their failure. They created the conditions for the worst economic crisis in nearly a century, and made sure that their elite friends at the top would scoop up the post-crisis gains, stranding the vast majority of people. They decided their project of globalization and liberalization mattered more than democracy. Brexit is among the first tangible responses.”
David Dayen, Who’s to Blame for Brexit? The Elites, American Prospect, June 24, 2016
Too Much editor Sam Pizzigati’s history of the forgotten triumph over America’s original plutocracy that created the American middle class.
This American Library Association “outstanding title” of the year explores the price we pay for massive inequality. Now available for reading online.
Back in the 1930s, a University of Chicago project set out to list western civilization’s greatest books. Only one book by a living author, this one, made the cut.
Flacks for grand fortune would have us believe the rich are performing a public service every time they shop. Researchers tell a different story. Consumption by the rich ups the prices the non-rich pay.