Salvatore Babones: European Austerity: Who Should Pay?
Europe’s big banks and vulture hedge funds should pay the price for austerity, not government workers and the poor.
Europe’s big banks and vulture hedge funds should pay the price for austerity, not government workers and the poor.
A string of surprising ‘say on pay’ votes has some executive pay critics sensing an impending revolution in corporate boardrooms. But that ‘revolution’ won’t amount to much until CEO pay reformers start factoring worker pay into the corporate compensation equation.
Europeans must decide whether their societies are to be governed by the people, for the people or by the market, for the market.
Bits and bytes would be doing a lot more to help make our lives less nasty, brutish, and short if we shared wealth as routinely as bandwidth. From San Francisco, a new lesson in that reality.
If only the three big forces of American politics would faithfully serve their constituents, the 2012 election could be about real choice. Instead we have Mitt Romney versus Barack Obama.
Over two years ago, the IRS announced an ambitious new effort to subject the super rich to unprecedentedly intensive audits. How’s that effort working out? Most lawmakers would rather you not ask.
Even rich people sooner or later have to drive over bridges. So why aren’t the wealthy screaming about America’s inadequate — and increasingly unsafe — basic infrastructure?
Economists will give you all sorts of answers based on technical factors, but in the end it all comes down to one word: inequality.
It’s not popular today to stand up for the poor, the homeless, the addicted, or the imprisoned. But progress means progress for everyone. There’s no such thing as progress for a few.
The American people, more and more of us are realizing, aren’t powerless in the face of extreme inequality.