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Tag: Inequality


Were Top Corporate Executives Really Hogging Workers’ Wages?

Thomas Piketty attributes rising inequality in the U.S. primarily to huge increases in the salaries of CEOs and other top executives, but he misinterprets the evidence. Rising salaries of top executives actually explain very little of the rise in inequality, and they depressed other employees’ pay by only a negligible amount.

Posted on Sep 18, 2014 READ MORE



Harvard Business School’s Role in Widening Inequality

No institution is more responsible for educating the CEOs of American corporations than Harvard Business School.

Posted on Sep 13, 2014 READ MORE



Back to School and to Widening Inequality

American kids are heading back to school. But the schools they’re going back to differ dramatically by family income.

Posted on Aug 26, 2014 READ MORE


California Income Chasm

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Posted on Aug 11, 2014 READ MORE



1 Percent ‘Literally Rich Beyond Measure’

Wealth hidden by tax shelters and non-responses to questionnaires is so undercounted that “correcting for similar lapses in income data almost erases progress made from 1988 to 2008 in narrowing the gap between the world’s rich and poor,” Bloomberg contributor Jeanna Smialek reports that a body of research has found.

Posted on Aug 7, 2014 READ MORE


Stephen Colbert: ‘Poor Doors’ Latest in Trend to Help ‘Haves’ Not Have to See the ‘Have-Nots’

The “Colbert Report’s” super-wealthy host explains why a New York building with a “poor door” for its less well-off residents makes total sense.

Posted on Jul 29, 2014 READ MORE



Crowdsourcing Our Way Out of the Democracy Crisis

An increasing number of Americans are getting fed up with the phony democracy that exists in the United States. Across the nation people are engaging in democracy rebellions as they re-examine the nation’s roots, especially with the 4th of July weekend recently passing.

Posted on Jul 14, 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



Where Are the Hardest Places to Live in the U.S.?

A New York Times data analysis venture looked at six basic measures to get a picture of the quality and longevity of life in each county of the nation. The toughest place to live was Eastern Kentucky—“land of storybook hills and drawls.”

Posted on Jun 27, 2014 READ MORE



Social Disregard Guides Anti-Teacher Ruling in L.A.

To those who won a lawsuit in Los Angeles on Tuesday “declaring all sorts of job protections for teachers ‘unconstitutional,’ ” teachers unions are at the center of the California school system’s problems—not poverty or inequality—Michael Hiltzik writes at the Los Angeles Times.

Posted on Jun 12, 2014 READ MORE



‘Homeless Spikes’ Appear Outside London Apartments

The landlords of a luxury apartment building in London have installed metal spikes in a front door alcove, apparently to deter homeless people from sleeping there. The tactic calls to mind the way pigeons are dealt with.

Posted on Jun 9, 2014 READ MORE



‘Our Egalitarian Eden’

“Hunter-gatherers—and presumably all our ancestors—lived as equals,” explains a brief Science magazine survey of the accumulated research into the socioeconomic conditions that prevailed across the vast majority of human existence.

Posted on Jun 5, 2014 READ MORE


War on Poverty

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Posted on Jun 4, 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


Net Neutrality

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We decided internet service should reflect the rest of our economy...
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


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



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


Gourmet

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Posted on Apr 14, 2014 READ MORE


Y Chromosome

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Posted on Apr 9, 2014 READ MORE



Why the Minimum Wage Should Really Be Raised to $15 an Hour

Momentum is building to raise the minimum wage to $10.10. But we need to be more ambitious.

Posted on Apr 9, 2014 READ MORE



Capital in the 21st Century

In his new book, French economist Thomas Piketty reminds us that within the dynamics of capitalism is a natural and destabilizing tendency toward inequality of income, wealth and opportunity.

Posted on Apr 4, 2014 READ MORE


Climate Change

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Posted on Apr 1, 2014 READ MORE


Sen. Sanders: ‘Will This Nation Become an Oligarchic Form of Society?’

In an address to the U.S. Senate this week, Vermont independent Bernie Sanders testified to the basics of wealth inequality and described how it distorts the U.S. political process. His speech contains vital statistics for your reference.

Posted on Mar 28, 2014 READ MORE



Truthdigger of the Week: Rep. Alan Grayson (Video)

If the Democratic Party has a future in America, it lies with firebrands of populism like Alan Grayson.

Posted on Mar 22, 2014 READ MORE



NASA-Funded Study Sounds Alarm for Civilization

A new study sponsored by NASA’s Goddard Space Flight Center confirmed the prospect that worldwide industrial civilization could collapse in the coming decades under “unsustainable resource exploitation and increasingly unequal wealth distribution,” Dr. Nafeez Ahmed reports at The Guardian.

Posted on Mar 16, 2014 READ MORE


Neoliberalism, Youth and Social Justice

In a special interview, Truthout contributor Henry Giroux takes us back to the basics of what can be seen as an ongoing and accelerating war between the rich and everyone else, an event that has resulted in a mass inability “to translate private troubles into larger structural public considerations.”

Posted on Mar 14, 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



An Aristocracy of Musicians

The top 1 percent of artists take 77 percent of the income earned in the music industry, a new report found.

Posted on Mar 8, 2014 READ MORE



The Liberal Love of ‘Inequality’

Like “neoliberalism,” former Harper’s Magazine columnist Thomas Frank writes at Salon, the tone of the term “inequality” is “needlessly clinical, giving the whole debate a technical and bloodless air.”

Posted on Feb 27, 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


Snowstorm

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Posted on Feb 15, 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



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



David Brooks’ Utter Ignorance About Inequality

Occasionally David Brooks, who personifies the oxymoron “conservative thinker” better than anyone I know, displays such profound ignorance that a rejoinder is necessary lest his illogic permanently pollute public debate.

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


‘Left, Right & Center’: A Year of Inequality—Scourge or Spur?

Truthdig Editor-in-Chief Robert Scheer and the other “Left, Right & Center” panelists respond to President Obama’s declaration that inequality is the major issue of our time and the pope’s apparent agreement.

Posted on Dec 27, 2013 READ MORE


Income Equality

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Posted on Dec 26, 2013 READ MORE


Christmas and the Poor

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Posted on Dec 18, 2013 READ MORE


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