For us, another day, another dollar. For them, another day, another fortune. In Rhode Island, progressive lawmakers have an antidote to that avarice.
Our super rich have their own personal trainers, chefs, and pilots. Maybe we should give them their own personal tax collectors. In the UK, officials have actually been moving in that direction.
We all know what happened in the City of Brotherly Love 240 years ago on July 4. Maybe we should also pay some attention to what happened two months later.
Progress in the struggle against inequality seems to have stalled in the deeply divided societies of Latin America. What next? Tulane economist Nora Lustig has an insightful perspective.
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.