Why should moving data around be any different from moving people? No private party, the battle over the pending Comcast-Time Warner merger reminds us, ought to be getting rich off a basic public trust. Decades ago, in a more equal America, no private party did.
Those arrows aren’t hitting their lovelorn targets the way they once did. The reason? Sociologists and economists are pointing to our growing economic divide. In our stressful, deeply unequal times, love and marriage are fast becoming the equivalent of luxury goods.
Butchers, bakers, and candlestick makers. You won’t find any of them in this latest annual list of America’s most avaricious from Too Much, the Institute for Policy Studies weekly on excess and inequality. You will find wheelers and dealers and even a candy store heiress.
What makes a society a fun place to be? Nice weather and exciting night-life options certainly help. But so, suggests a leading World Bank economist, does avoiding a starkly skewed distribution of income. In his new global index of “funness,” he lists inequality as a key limiting factor.
In plain yet powerful language, Pope Francis is challenging the givens of our deeply unequal world — and helping inspire resistance to it. His new “apostolic exhortation” offers a wide-ranging critique of our unequal status quo that draws from multiple sources.
Making the market “decisive” means that the Chinese government has decided to place profits before people — and even before that previously invincible talisman, economic growth.
A new kind of social disease has spread from recession in the United States to austerity in Europe to manufactured crisis in Australia. Tenured and emeritus academics should be hoisting the banner of civilization, raising the battle-cry for justice.
America’s corporate CEOs feel entitled to pensions that pay out $86,000 monthly. To protect their entitlement, they’re attacking ours: Social Security. But a new report neatly exposes the monumental hypocrisy of their legislative assault on America’s only remaining retirement bedrock.
People who cut food stamp benefits — and gut child labor laws — most all had empathy when they came into the world. So what squeezed the empathy out? At the Economic Policy Institute and elsewhere, analysts and researchers are pointing to inequality.
Fox News may have failed to have an impact on the outcome of the 2012 Presidential election in the United States, but media organizations controlled by Rupert Murdoch celebrated a victory this year in Australia.