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Tag: Income Inequality


Paul Ryan: Obama’s Approach to Poverty Perpetuates the Problem (Video)

It should come as no surprise that Rep. Paul Ryan wouldn’t cotton to the Obama administration’s take on targeting poverty in these times of economic unrest and income inequality.

Posted on Jul 27, 2014 READ MORE



Study: Educational Segregation Plays a Role in Tea Party Allegiance

A study by researchers at the University of Notre Dame teased out a positive correlation between educational segregation, which can relate to other divisive factors but isn’t always interchangeable with them, and alignment with tea party ideology.

Posted on Jul 23, 2014 READ MORE


Income Inequality

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Posted on Jul 21, 2014 READ MORE



The Rise of the Nonworking Rich

The real nonworkers are the wealthy who inherit their fortunes. And their ranks are growing.

Posted on Jul 16, 2014 READ MORE


John Oliver Puts His Finger on the Reason Income Inequality Is So Prevalent in the U.S.

“Just because politicians can’t talk about income inequality,” the “Last Week Tonight” host starts on one of his characteristic rants, “doesn’t mean we shouldn’t.”

Posted on Jul 14, 2014 READ MORE


Poor Poor Hillary

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Posted on Jul 7, 2014 READ MORE



The Politics and Economics of Inequality: A Lecture to the Top One-Tenth of 1 Percent (Video)

Here’s a lecture I gave recently at this year’s Aspen Ideas Festival. The irony of talking about inequality with an audience composed almost entirely of the richest one-tenth of 1 percent of Americans was not lost on me.

Posted on Jul 5, 2014 READ MORE



Hillary’s Hardest Choice (and the Democrats’ Dilemma)

What’s the reason for the tempest in the teapot of Hillary and Bill Clinton’s personal finances?

Posted on Jun 30, 2014 READ MORE



Real Business Leaders Want to Save Capitalism

A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Posted on Jun 21, 2014 READ MORE



stocklight / Shutterstock.com

Al Gore’s Warnings About Inequality and Democracy

The former vice president recently told a tech industry conference when “95 percent of all the additional national income in the U.S., since the recovery began in ’09, goes to the top 1 percent, that’s not an Occupy Wall Street slogan, that’s a fact.”

Posted on Jun 13, 2014 READ MORE



Seattle Is Right

By raising its minimum wage to $15, Seattle is leading a long-overdue movement toward a living wage.

Posted on Jun 7, 2014 READ MORE


War on Poverty

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Posted on Jun 4, 2014 READ MORE


Elizabeth Warren and Thomas Piketty Explain How Wealth Trickles ‘Up,’ Not Down

The two best-selling authors discuss the American economy and the growth of income disparity plaguing the nation in a HuffPost Live segment that shouldn’t be missed.

Posted on Jun 4, 2014 READ MORE



Pierre Omidyar: ‘The New Face of an Old Imperial Tradition’

The eBay and First Look Media founder (shown) is a walking contradiction when it comes to his “progressive anti-state image” and his actions to further the “global neoliberal agenda”; Facebook may wield control over votes in elections; meanwhile, more than half of congressional members are millionaires and have no idea what it’s like to be poor. These discoveries and more after the jump.

Posted on Jun 3, 2014 READ MORE



Seattle Paves the Way for the Rest of the U.S. With ‘Historic’ $15 Minimum Wage

The Seattle City Council’s unanimous decision to impose the highest minimum wage in America is a momentous leap toward lifting workers out of poverty and closing the constantly widening gap between the 99 and the 1 percent.

Posted on Jun 3, 2014 READ MORE



Freedom Summer II

It took guts to take on the power structure of Mississippi a half-century ago. It takes guts to take on the power structure of giant companies like Walmart and McDonalds now.

Posted on Jun 2, 2014 READ MORE



A Third Lens: Why Awareness of Class Cultures Can Strengthen Movements for Social Change

Bringing a class analysis to our understanding of privilege can help make sense of a broad range of experiences.

Posted on May 22, 2014 READ MORE



Luciano Castillo (CC BY 2.0)

The Practical Choice: Not American Capitalism or ‘Welfare State Socialism’

For years Americans have assumed that our hard-charging capitalism is better than the soft-hearted version found in Canada and Europe.

Posted on May 21, 2014 READ MORE



Shutterstock

Study: Highest-Paid University Presidents Benefit From Soaring Student Debt and Low-Wage Adjuncts

It seems there’s no coincidence that the university administrators with the fattest paychecks head schools in which students and adjuncts have the most to lose.

Posted on May 20, 2014 READ MORE



Thomas Frank Locates Thomas Piketty’s Blind Spot

The celebrity economist’s proposal of an “international IRS” as a means to end rampant wealth inequality falls far short of methods that exist in the American tradition, Salon columnist Thomas Frank writes in a critique of the best-selling “Capital in the Twenty-First Century.”

Posted on May 18, 2014 READ MORE



Shutterstock

How to Shrink Inequality

Some inequality of income and wealth is inevitable, if not necessary.

Posted on May 14, 2014 READ MORE


The One Percent

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Posted on May 10, 2014 READ MORE


Easy Target

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Posted on May 7, 2014 READ MORE



The Four Biggest Right-Wing Lies About Inequality

Even though French economist Thomas Piketty has made an airtight case that we’re heading toward levels of inequality not seen since the days of the 19th century robber barons, right-wing conservatives haven’t stopped lying about what’s happening and what to do about it.

Posted on May 6, 2014 READ MORE


Please Help

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Posted on May 5, 2014 READ MORE


U.S. Middle Class

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Posted on May 3, 2014 READ MORE


U.S. Control

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Posted on Apr 27, 2014 READ MORE



marsmett talahassee (CC BY-NC-SA 2.0)

Government = Protection Racket for the 1 Percent

The evidence of income inequality just keeps mounting.

Posted on Apr 23, 2014 READ MORE


Equal Pay

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Posted on Apr 22, 2014 READ MORE



Bastian (CC BY-NC-ND 2.0)

Raising Taxes on Corporations That Pay Their CEOs Royally and Treat Their Workers Like Serfs

Until the 1980s, corporate CEOs were paid, on average, 30 times what their typical worker was paid. Since then, CEO pay has skyrocketed.

Posted on Apr 22, 2014 READ MORE



Glenn Halog (CC BY-NC 2.0)

High Inequality Results in More U.S. Deaths Than Tobacco, Car Crashes and Guns Combined

In 2009, the British Medical Journal published a study that revealed what seems to be a shocking truth.

Posted on Apr 22, 2014 READ MORE


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



Screenshot/YouTube

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


Nomi Prins on American Oligarchy

In this excerpt from the March 13, 2014 edition of Truthdig Radio, author and Truthdig contributor Nomi Prins says just a few families hold most of the power in the United States.

Posted on Mar 13, 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


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