In the United States, top corporate execs 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.
What do corporate chiefs want out of the latest global trade talks? On their wish list: a veto over government decisions that complicate their profiteering. Will they get that veto power? Trade union analyst Thea Lee sees reasons they just might not.
Average Americans today have essentially zilch influence on public policy. You don’t need to trust your gut on that. Political scientist Benjamin Page has the data.
Racial segregation dominated the American residential landscape for generations. We can’t afford, suggests the research of Stanford’s Sean Reardon, to let economic segregation have anywhere near as long a run.
Good things trickle down from the top, cheerleaders for grand fortune like to argue, when wealth concentrates. In real life, suggests economist Robert Frank, growing inequality makes things worse even for its ostensible beneficiaries.
British epidemiologists Richard Wilkinson and Kate Pickett have changed how the world thinks about economic inequality — and they have a wealth of new insights to share.
This year’s all-stars of avarice range in age from thirty-somethings to just shy of octogenarian status. They’re all doing their greedy best to keep our world a staggeringly unequal place.
New research and another dose of on-the-ground reality are shredding what little credibility the rationalizers of inequality have left.
America’s 400 richest are collecting far more of the nation’s income than they did two generations ago — and paying Uncle Sam far less. To fudge these facts, pals of plutocrats are having to work overtime.
The kingpins of Congress have spent years carving tax loopholes that help America’s CEOs fleece the federal treasury. Now these kingpins are pushing a corporate tax ‘reform’ that ignores the loopholes.