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Tag: Income Inequality

The Divide

Posted on Apr 18, 2014 READ MORE



The Divide

Matt Taibbi’s new book is more Lincoln Steffens than Hunter Thompson, dropping most of the histrionics to explore why Wall Street bankers are seemingly exempt from criminal prosecution.

Posted on Apr 18, 2014 READ MORE


Women’s Wages

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Posted on Apr 17, 2014 READ MORE


Mrs. Goodbar

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Posted on Apr 16, 2014 READ MORE



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Happy Tax Day, and Why the 1 Percent Pay a Much Lower Rate Than You

It’s tax time again, April 15, when our minds turn toward paying the taxes we owe or possibly getting a tax refund.

Posted on Apr 15, 2014 READ MORE


Pulitzer Prize Winner Says U.S. Has the Most Unfair Modern Economy

This week on Truthdig Radio in association with KPFK: Why the rich keep getting richer (and don’t even realize it), poverty around the world, Stephen Colbert heads to CBS, and Pacifica tries to put a network back together again.

Posted on Apr 11, 2014 READ MORE


Pulitzer Prize Winner Says U.S. Has the Most Unfair Modern Economy

This week on Truthdig Radio in association with KPFK: Why the rich keep getting richer (and don’t even realize it), poverty around the world, Stephen Colbert heads to CBS, and Pacifica tries to put a network back together again.

Posted on Apr 11, 2014 READ MORE


Equal Pay

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Posted on Apr 10, 2014 READ MORE


Equal Pay Day

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Posted on Apr 10, 2014 READ MORE



Nancy Pelosi (CC BY 2.0)

Friday’s Jobs Report and the Supreme Court’s McCutcheon Debacle

What does the Supreme Court’s McCutcheon decision this week have to do with Friday’s jobs report, showing 192,000 new jobs for March?

Posted on Apr 5, 2014 READ MORE



Signe Wilkinson

McCutcheon and the Vicious Cycle of Concentrated Wealth and Political Power

If wealth and income weren’t already so concentrated in the hands of a few, the shameful McCutcheon decision by the five Republican appointees to the Supreme Court wouldn’t be as dangerous.

Posted on Apr 5, 2014 READ MORE


Climate Change

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Posted on Apr 1, 2014 READ MORE



Themeplus (CC BY-SA 2.0)

The Distributional Games

Why would people turn down a deal that made them better off simply because it made someone else far, far better off?

Posted on Apr 1, 2014 READ MORE



Recalled to Life

Christine Pagano’s drug addictions took her from a middle-class home to prostitution and homelessness on the streets of Camden, N.J., one of our poorest cities. Her journey into hell showed her the other America.

Posted on Mar 23, 2014 READ MORE



NYC: Where Bonuses Rise, and The Working Poor Still End Up Homeless

Bonuses on Wall Street jumped 15 percent in 2013, while record numbers of New Yorkers poured into homeless shelters.

Posted on Mar 14, 2014 READ MORE



The Inevitability of Income Inequality

Inequality is endemic to the core structure of an America that operates more as a plutocracy than a democracy. It is an inherent result of the consolidation of a substantial amount of both financial power and political influence in the hands of a few families.

Posted on Mar 11, 2014 READ MORE



Obama Urges Congress to Increase the Minimum Wage

Against opposition in the House and Senate, the president on Saturday lent his voice to the cause of increasing the federal minimum wage from $7.25 to $10.10 an hour.

Posted on Mar 8, 2014 READ MORE



What If Your Income Grew as Fast as the Top 1 Percent?

The editors at Mother Jones reveal how much money you would be earning annually today if the super-rich hadn’t rigged the system.

Posted on Mar 3, 2014 READ MORE



abulhussain (CC BY 2.0)

Inequality, Productivity and WhatsApp

If you ever wonder what’s fueling America’s staggering inequality, ponder Facebook’s acquisition of the mobile messaging company WhatsApp.

Posted on Feb 22, 2014 READ MORE


One Percenters’ Valentine

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Posted on Feb 16, 2014 READ MORE


Snowstorm

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Posted on Feb 15, 2014 READ MORE



Truthout.org (CC BY-NC-SA 2.0)

America’s ‘We’ Problem

America has a serious “We” problem—as in “Why should we pay for them?”

Posted on Feb 15, 2014 READ MORE


The Wheels on the (Tech) Bus

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Posted on Feb 6, 2014 READ MORE



marsmet531 (CC BY-NC-SA 2.0)

Why Widening Inequality Is Hobbling Equal Opportunity

Is it to be inequality or equal opportunity?

Posted on Feb 6, 2014 READ MORE


Income Inequality

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Posted on Feb 4, 2014 READ MORE


Pitchforks

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Posted on Jan 30, 2014 READ MORE


State of the Union

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Posted on Jan 27, 2014 READ MORE



chris.corwin (CC BY SA 2.0)

Why There’s No Outcry for a Revolution in America

Middle incomes are sinking, the ranks of the poor are swelling, almost all the economic gains are going to the top, and big money is corrupting our democracy. So why isn’t there more of a ruckus?

Posted on Jan 27, 2014 READ MORE



Ever Heard of Mipsters, #Mipsterz or Muslim Hipsters?

A group of young Muslim women tries to destigmatize head coverings; The Economist is under attack for a cartoon some see as anti-Semitic; meanwhile, a Time magazine cover portrayal of Hillary Clinton has sparked a wave of online outrage. These discoveries and more after the jump.

Posted on Jan 22, 2014 READ MORE



epSos.de (CC BY 2.0)

Take a Guess at How Many People Collectively Are as Wealthy as Half the World. It’s Less Than That

We’ve all heard that 1 percent of the global population owns 50 percent of the earth’s wealth, and yet, now that the actual number of people has been calculated by the relief organization Oxfam, it’s hard not to cringe at the fact.

Posted on Jan 22, 2014 READ MORE



Paul Krugman on ‘The Undeserving Rich’

“The reality of rising American inequality is stark. Since the late 1970s real wages for the bottom half of the work force have stagnated or fallen, while the incomes of the top 1 percent have nearly quadrupled (and the incomes of the top 0.1 percent have risen even more),” the Nobel Prize-winning economist wrote Sunday in The New York Times.

Posted on Jan 20, 2014 READ MORE


There’s Not Enough Money

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Posted on Jan 13, 2014 READ MORE


Inequality

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Posted on Jan 4, 2014 READ MORE


Income Inequality

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Posted on Jan 4, 2014 READ MORE


Income Inequality

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Posted on Dec 20, 2013 READ MORE


CEO and Worker Pay

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Posted on Dec 11, 2013 READ MORE



How Much Health Care Is Too Much?

While many Americans were uninsured, others were being forced to undergo a series of unnecessary tests that hurt both them and the medical system; the creator of the TV program “The Wire” calls America a “horror show”; and, despite what many believe, technology will not save us from the apocalypse. These discoveries and more after the jump.

Posted on Dec 10, 2013 READ MORE


Impeach the Pope

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GOP: When he talks about income inequality, he's promoting class warfare and should be impeached. Can we impeach the pope?
Posted on Dec 8, 2013 READ MORE



Uruguay Likely to Become the First Nation to Legalize Marijuana

On Tuesday, Uruguay’s Senate will vote on a law that would allow for regulated distribution, production and sale of weed; income inequality in the U.S. is at its highest since 1928; meanwhile, Europeans are starting to believe that legalizing prostitution isn’t effective. These discoveries and more after the jump.

Posted on Dec 7, 2013 READ MORE


Left, Right & Center: ‘The Meaning of Mandela and Income Inequality’

Truthdig Editor-in-Chief Robert Scheer and the other “Left, Right & Center” panelists discuss Nelson Mandela’s contribution to a world of equality, President Obama’s speech on inequality and social mobility, and the fast food workers striking to change their lives.

Posted on Dec 6, 2013 READ MORE



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Why Republicans Can’t Address Rising Inequality

So far, the Republican response to President Barack Obama’s historic address on economic inequality has not veered from the predictable cliches of tea party rhetoric.

Posted on Dec 6, 2013 READ MORE


Report: ‘Fast Food CEOs Rake In Taxpayer-Subsidized Pay’

While fast food workers stage a one-day strike, a report from the Global Economy Project shows how the industry’s CEOs have subsidized their own multimillion dollar salaries with taxpayer funds in addition to saving money by paying employees low wages. Report author Sarah Anderson explains.

Posted on Dec 5, 2013 READ MORE


Oh Christmas Tree

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Posted on Nov 30, 2013 READ MORE



Shutterstock

Why Pundits, Journalists and Bloggers Don’t Get Hard Times

We’ve read over and over that the great recession is behind us, although evidence of human suffering abounds. This is not a new phenomenon, and it was ably described a lifetime ago by Eugene V. Debs.

Posted on Nov 27, 2013 READ MORE


Robert Reich on America’s Income Inequality

The Dow Jones is hitting record highs, giving the top 5 percent of the U.S. (who hold more than 80 percent of stocks) another huge boost. And although Stephen Colbert doesn’t think the wealth divide is a big deal, former Truthdigger of the Week Robert Reich begs to differ.

Posted on Nov 20, 2013 READ MORE



AP/Nick Ut

Can L.A.’s New Mayor Succeed Where Other Charming Liberals Failed?

The difficult task of ending income and social inequality in Los Angeles is now in the hands of a liberal new mayor, Eric Garcetti, a compromiser rather than a crusader.

Posted on Nov 12, 2013 READ MORE



Less Driving, More Texting

Smartphone apps have revolutionized the way Americans use transportation; the CEO of The Guardian says his paper can’t survive in the U.K.; meanwhile, why aren’t millennial liberals protesting the shutdown? These discoveries and more after the jump.

Posted on Oct 2, 2013 READ MORE


One Man’s Brave New World

A well-regarded economist has written a new projection of a world of machine-driven alphas and lesser beings. The book is a smart and cruel projection of the world he sees coming. In fact, he thinks it is already here.

Posted on Sep 13, 2013 READ MORE


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