In our deeply unequal times, historian Edward O’Donnell reminds us, the life of the 19th century’s most important critic of concentrated wealth remains as relevant as ever.
Top U.S. CEOs sometimes make more in an hour than their workers can make in a year. At Mondragon, one of Spain’s largest companies, no execs can make more in an hour than their workers make in a day.
We’ll only make real progress against the absence of wealth at the bottom of our economic order, an ambitious new global campaign declares, if we confront the concentration of wealth at the top.
America’s top central bankers didn’t make time for inequality at their annual hobnob last week. Over in Germany, the world’s Nobel Prize winners in economics did. But few Americans noticed.
The outsourcing of public services to private go-getters is concentrating wealth the whole world over. The best answer to that concentration? That just may be new forms of public ownership.
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.
Let’s learn from our not-so-distant past and share the gold. New technologies don’t have to bring us new inequalities.
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.
In the fierce debate over our top-heavy distribution of income and wealth, egalitarians have vanquished both inequality’s deniers and defenders. Now the debate is shifting to the most pivotal question of all.
In the year ahead, nurses and college students just might jump-start the struggle against America’s chronic — and growing — income inequality.