Report: Rising inequality hurts economic growth
The widening gap between haves and have-nots in much of the developed world not only raises concerns about the fraying...
Tagged: inequality
Republicans Suddenly “Concerned” About Inequality
Instead of their usual diatribe about class warfare, or denying the existence of inequality, Republican leaders are suddenly talking up...
It’s Time to Stop Subsidizing Inequality
Nearly every week there is some major conference on the subject of inequality. They are often led by prominent people,...
Study: Wealthiest 1% To Own Half Of The World’s Wealth By 2016
By next year, the richest one percent will have accumulated more than half of the world’s wealth. A new report...
Who Goes to Jail? Matt Taibbi on “The Divide: American Injustice in the Age of the Wealth Gap”
We feature our April 2014 interview with Matt Taibbi about his book, “The Divide: American Injustice in the Age of...
‘Right to Work’ Benefits CEOs, Not Workers
Earlier this month, in the sparsely populated Kentucky county that’s home to Bowling Green, officials voted to convert the place...
Why Our Lives Feel Squeezed: 400 Reasons
We don’t know who exactly filed the tax returns with America’s 400 largest incomes in 2010. The IRS won’t reveal...
The Long, Dark Shadows of Plutocracy
Some people say inequality doesn’t matter. They are wrong. All we have to do to see its effects is to...
Robert Reich: The 1 percent is gutting America’s middle class
The richest Americans hold more of the nation’s wealth than they have in almost a century. What do they spend...
The Peasants Still Have Their Pitchforks
What can we expect Congress to do about America’s staggeringly top-heavy concentration of income and wealth over the next two...
Bernie Sanders: U.S. Headed Toward Becoming Third World Country
BURLINGTON, Vt. – U.S. Sen. Bernie Sanders (I-Vt.) said a new report that paychecks are shrinking and half of all...
Wall Street and Major Retailers Agree That Inequality is Killing Us. Why Don’t Republicans?
Income inequality is killing the economy. Retailers, bankers and Democrats agree on that. Really. It’s only Republicans who continue to...
Key Inequality Measure The Highest Since The Great Depression
You know inequality is getting bad when it’s making a Swiss bank uncomfortable. The ratio of wealth to household income...
America’s Ridiculously Rich: the 2014 Edition
Imagine yourself part of the typical American family. Your household would have, the Federal Reserve reported last month, a net...
Income inequality’s sick joke: A rising tide only lifts luxury yachts
For a long time, the right has argued that we shouldn’t worry about inequality because the true concern is the...
Big Gains for the 1 Percent of the 1 Percent
We’ll be posting a new chart on the current state of income inequality every day for the next couple of...
Inequality and the USA: A Nation in Denial?
Every August, for most of the last four decades, top central bankers from around the world have been making their...
What Jesus knew about income inequality: Opinion
(CNN) — Does money make you happy? Does being rich contribute to your spiritual life and its possibilities? Is the...
‘Unbalanced Recovery’: Wages Falling, Low-Paid Jobs Rising Across US
While wages have declined across all sectors in the years following the financial crash of 2008, low-paid workers have been...
Robert Reich: The Ivy Leagues Are a Ludicrous Waste of Resources
What someone is paid has little or no relationship to what their work is worth to society. Does anyone seriously...
S&P: Wealth Gap is Slowing US Economic Growth
WASHINGTON (AP) — Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great...
Inside Our Profoundly Unequal ‘New Normal’
The Commerce Department released some revised figures on America’s economy last week. Previous numbers, Commerce researchers noted, had overestimated the...
People Who Work For Tips Are Twice As Likely To Live In Poverty
People who work for tips are far more likely to live in poverty, according to a new report from the...
Restaurant CEOs Make More Money in Half a Day Than Their Employees Make in a Year
Last year, according to a new analysis from the Economic Policy Institute (EPI), the CEOs of America’s top 25 restaurant...
Super-Rich Guy To ‘Zillionaires’: Back $15 Minimum Wage Or Prepare For Revolution
A Seattle millionaire is urging his super-rich peers to support a $15 minimum wage or face the possibility of a...
A New Spin from the Inequality Denialist Set
The go-to intellectual guardians of our corporate order — those conservative analysts whose op-eds appear regularly in the Wall Street...
Al Gore’s Warnings About Inequality and Democracy
Inequality and democracy are the kind of topics you may expect to hear about at a political convention, but not...
“Bloodiest thing the world has seen”: David Cay Johnston on inequality’s looming disaster
Long before anyone knew the name Thomas Piketty, Pulitzer Prize-winning journalist David Cay Johnston was plumbing the hidden depths of...
Robert Reich: How to Shrink Inequality
The data on widening inequality are remarkably and disturbingly clear. The Congressional Budget Office has found that between 1979 and...
The Striking Rise of the American Oligarchs
A new study that will appear in the fall 2014 issue of Perspectives on Politics concludes that the United States...
The Big Tip that America’s Servers Never See
A good many Americans now know the high-finance games that JPMorgan Chase and other big banks like to play —...
Wealth Inequality Is Now As Bad As It Was During The 1920s
Most people know about income inequality: the gap in earnings between the 1 percent and the rest of us that...
