Excessive Wealth Has Run Amok—This Must Stop
Excessive wealth concentration is corroding our lives, society, and democracy. It's time to change public policy to tackle it.
The rapid expansion of the Wall Street bonus pool over the past few decades has contributed to race and gender inequality.
Wall Street banks handed out $23.9 billion in bonuses to their New York City-based employees last year, according to new data released March 15. For the fourth year in a row, the Institute for Policy Studies has produced a rapid analysis of these figures, revealing how the rapid rise in the average Wall Street bonus, compared to the stagnation of the minimum wage, has contributed to U.S. racial and gender inequality.
KEY FINDINGS: