The corporatization of universities is meant, in part, to temper the historic role of college as a site of political protest. Key to this trend is the rise of low-wage faculty since a financially insecure professoriate is less likely to encourage disruptive thought and action on the part of students.
Billions of taxpayer dollars are now going — as ‘incentives’ — to corporations busy stuffing the pockets of America’s richest billionaires. The eleven richest Americans have all received state and local government subsidies, details a new report from Good Jobs First.
This year’s all-stars of avarice range in age from thirty-somethings to just shy of octogenarian status. They include an heiress and a hedge fund billionaire, a psychologist and a banker, and, naturally, more than a few denizens of Corporate America’s executive suites.
Professor Sheila Suess Kennedy reflects on the potential consequences of a German economist’s prediction that there could be a significant labor shortage by 2030. Kennedy concludes that the coming shortage of highly skilled labor is likely to create new kinds of social disparities.
Though rooted in America’s religious past, today’s attitudes about the poor are rarely doctrinal. Rather, they are largely unconscious, having been absorbed into the popular culture. The problem is that such easy dismissal of struggling Americans is at odds with reality.
New research and another dose of on-the-ground reality are shredding what little credibility the rationalizers of inequality have left. A “rising tide,” economists Branko Milanovic and Roy van der Weide show via an analysis of U.S. census data, doesn’t come close to lifting all boats.
The taxpayers who file America’s 400 highest-income tax returns are collecting far more of the nation’s income than they did two generations ago — and paying Uncle Sam far less in taxes. To fudge these facts, apologists for our plutocracy are having to work overtime.
Republicans may feign a nostalgia for the 1950s, but they are actually more nostalgic for the Gilded Age. For decades, they have worked hard to undo the Progressive Era reforms that curbed inequality. In the process, they have created a second Gilded Age.
The nonpartisan Congressional Budget Office has just released its latest appraisal of America’s income breakdown. Whatever yardstick you use, the CBO shows, the rich are winning. But that hasn’t stopped conservatives from arguing that the nation’s affluent remain oppressed victims.
When you hire someone, you have to pay social security taxes, unemployment, workers’ compensation, and ensure worker health and safety. It’s a lot to put up with. What if you could get people to do the same work without taking on these responsibilities? As it turns out, you can.