Category: Class

Chuck Collins: Wealth Inequality Hits Communities of Color Hardest

The median White family now has 41 times more wealth than the median Black family and 22 times more wealth than the median Latino family

Josh Hoxie: How the Age of Billionaires Ends

Serious proposals are on the table to address the deepening divide between the uber-rich and the rest of us.

Dean Baker: Pre-Tax Income Is A Problem

It is great that the rise in inequality seems likely to be a major topic in the 2020 presidential campaign. However, it is important that we think carefully about how best to reverse it

Nomi Prins: Wall Street, Banks and Angry Citizens

In today’s global economy, financial security is increasingly the property of the 1%

Sam Pizzigati: The Moderate’s Case for a Maximum Wage

The underlying thrust: Let’s deny government contracts, subsidies and tax breaks to corporations that pay their top executives immoderately more than their workers

Vijay Prashad: Reality Is Starting to Creep Into the Billionaire Oasis of Davos

Only 26 individuals have as much wealth as 3.8 billion people

Paul Buchheit: Capitalist-style wealth gap: 1 tech guy = 1,000,000 teachers

Capitalism is a perfect system for people like this, who care only about making more money than everyone else, and fail to grasp the importance of a healthy, working society

Chuck Collins: Shutdown Expands Ranks of ‘Underwater Nation’

Unemployment is low, but federal employees are lining up at food banks. They aren’t alone

Paul Kiel: As Shutdown Drags On, IRS Aids the Rich While Targeting the Poor

tAn appeal from the mortgage industry has resulted in hundreds of IRS staffers returning to the agency to carry out income verifications for lenders

Sam Pizzigati: U.S. Tax Policy Can Turn on a Dime

Has Alexandria Ocasio-Cortez Just Turned It?

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