How Inequality Hurts

This category contains 105 posts

Fannie, Freddie, and Failure

How sky-high rewards for CEOs turn respectable enterprises into muggers of the American dream.

The Democratic Party Platform’s Missing Plank

The Democrats, once again, have chosen not to challenge the incredible concentrations of wealth that sit at America’s economic summit. These concentrations have consequences. We explore one — at General Motors.

News Flash: Conservatives Discover Inequality

In Britain, top Conservative Party leaders are now sounding the alarm about their nation’s growing gap between rich and poor. But the UK’s wealthy have little reason to really worry.

Banking on Bigger

America’s banking giants have spent the last two dozen years wheeling and dealing their way to fortune — and financial folly.

Class Conflict for the 21st Century

In their rush for jackpots, America’s top corporate executives are doing intolerable damage to enterprise well-being. Who says? America’s professionals! A review of Love the Work, Hate the Job, by David Kusnet.

Super-Sized Incentives: Behold and Beware

Another celebrated American executive is creating economic havoc, this time in the auto industry. What makes ostensibly smart CEOs act so dumb? We explore how over-the-top rewards play out.

The No-Hassle Air Travel Experience

Look, up in the sky! It’s a plane! It’s a jet! It’s a burden. The modern private jet is bringing luxury to super-rich high flyers — and plenty of problems to everyone else.

The Rich and the Rest of Us

Can we help the poor without confronting the wealth of the super-rich? America’s top progressive magazine has just published a special issue that offers an answer.

Oil Prices: A Case of Supply, Demand, and Speculation

Looking for villains around the gas pump? Try looking behind the hedges to the shadowy investment world where the super-rich make bets with billions — and regular people always lose.

Why Living Large Isn’t Easy Anymore

Over recent years, trickle-down economics has flopped miserably. Now that failure is trickling up — to the yacht-and-mansion crowd.