The New York Times recently ran an article putting forth arguments from the International Monarchist League. What the author misses is that the U.S. already has an aristocracy.
The phrase "bread and circuses," coined by a Roman satirist who said the commoners had to be provided food to prevent their rioting and public spectacles to distract them from Augustus' tyranny, rings true today—with a key difference.
Whatever the differences between the two nominees, either will function as an emissary of the powerful who control America. That’s the conflict of interest we all should be talking about.
As many companies lost billions or closed, Kenneth Griffin and James Simons made $1.7 billion each -- more than some nations.
Apparently it's other countries, not the U.S., that have oligarchs.
Given that our brand of democracy is cold hard cash, let’s examine the relationships between our 21st-century plutocrats and the contenders for the White House.
As the countdown to the new year begins, we take a look at 2015's most popular stories. As the countdown to the new year begins, we take a look at 2015's most popular stories.
These 400 billionaires are wealthier than 190 million of their fellow Americans.
UNICEF reports that child poverty has increased in over 20 countries since the global recession, while a new Oxfam study shows that billionaires have increased their combined wealth by over 120 percent. How can we continue to ignore this appalling inequality?
This is the indigenous romance of American capitalism: The man from nowhere rises out of obscurity to unimaginable heights through the application of disciplined effort, commercial cunning, and a gambler’s sang froid in the face of the unforgiving riskiness of the marketplace. Conversely, 19th century Gilded Age anti-capitalists knew this dark fairy tale as “the Property Beast.”