The Missouri chapter of Preserve Middle Class America explains the basics of Right-to-Work laws and their effects on the average worker.
Chuck Collins believes that extreme wealth inequality and our global ecological crisis are bad for everyone, including those with great wealth. He invites all of us — but especially wealthy Americans — to come home, deepen their stake in the common good and invest more of their time and wealth to fixing the future.
Dr. Jan Tobochnik uses his decades-spanning expertise in computer simulations to present a simple model that shows how wealth inequality is intrinsic to economic activity. He further tweaks the models to demonstrate various mechanisms that can effectively reduce wealth inequality.
Michael Kimmel explains why gender equality is beneficial for countries, companies, and men and is not a zero-sum game against women.
One family’s story of how sudden economic hardship can be catastrophic for the 11 million Americans who spend half or more their income on rent.
New Trier High School senior Jack Levin discusses his concerns over rising student loan debt and income inequality in America, and calls for a change in the way we look at these issues.
The Brookings Institution visually examines the effectiveness of the federal tax code at shrinking the gap between the rich and poor in the United States.
Tulane finance professor Peter Ricchiuti examines corporate decision making, specifically choosing strategies that benefit shareholders rather than the overall economy, as a driver of income inequality.
Personal bankruptcy attorney James Murray gives a tongue-in-cheek testimony at a Wisconsin Assembly Labor Committee Hearing on how a Right-to-Work law will be good for his business, but bad for Wisconsin.
In his first Daily Show segment ever, the now show-runner Trevor Noah illuminates the economic similarities between Africa and the America.
French economist Thomas Picketty explores the history, driving forces of, and policy solutions to wealth inequality at a global scale.
The Brookings Institution visually examines economic mobility for different demographics in America.
Malcolm Brighton reviews the problems income inequality causes and discusses possible policy solutions and what the everyday person can do to combat income inequality.
Former Labor Secretary Robert Reich explains why the remarkable success of a company like WhatsApp, which was recently purchased by Facebook for $19 billion, is symptomatic of the larger problem of income inequality that has plagued the US economy for a generation.
Americans are more bitterly divided along political lines today than they have been in nearly a century. While the advent of social media and the shout-fests of opinionated radio and cable TV have played a role, the greatest factor driving today’s political polarization is income inequality.
Former Labor Secretary Robert Reich explains that while Republicans appear to be losing political battles, the right is actually winning the larger war over the direction of political debate. Instead of talking about real issues like income inequality, wealth concentration, unemployment and the declining middle class, the right has obfuscated the issue by pulling Democrats […]
Throughout much of the 20th century, the American political and economic system thrived based on a fundamental bargain – that US employers would pay their workers enough to purchase the goods and services US companies produced. Meanwhile government’s role was to maintain this bargain, allowing wages and living standards to rise across the board.
Even as the Apple Corporation is being roundly criticized for using its Irish affiliates to avoid paying billions in US taxes, officials continue to call for lower corporate taxes to make the United States more “competitive.” The cause of this seeming disconnect: a worldwide “race to the bottom” in which nations compete to attract capital […]
Unemployment is still high and job creation hasn’t made a big dent this many years into the so-called recovery. Who has the best plan? Is it the Keynesians? The Austerics? Or are they both missing the bigger picture?
How do Americans feel about cutting tax loopholes? How do they feel about Medicare and Social Security? Socially, elected officials listen to the public. But, why is it that deals over economic policy almost always compromise what Americans want? Why is any tinkering of taxes forbidden?
Columbia University economist Joseph Stiglitz talks about the social, political, and economic costs of the extreme inequality present in the U.S. and around the world.
Robert Reich explains why it’s so important to break up the biggest banks, which have grown exponentially over the past few years. This idea isn’t new, and is supported by Federal Reserve Governor Dan Tarullo, Former Citigroup CEO Sanford Weill, Rep. Jeb Hensarling, Senator Sherrod Brown, and Sen. Elizabeth Warren.
There is a belief that Americans got into economic turmoil because of living beyond their means. Robert Reich explains why this is a myth, that most Americans do not live beyond their means and that their “means” have not kept up with the economy. Where has the wealth accumulated and why aren’t the top of […]
Dan Ariely shows the discrepancies between our perceptions, preferences, and the reality of wealth inequality.
How we can reverse the tax giveaways to the rich that have wealth inequality in the United States skyrocketing.
Academy Award-winning filmmaker Alex Gibney presents his take on the gap between rich and poor Americans in Park Avenue: Money, Power and the American Dream. Gibney contends that America’s richest citizens have “rigged the game in their favor,” and created unprecedented inequality in the United States.
This superb six-minute video builds on pioneering research about American attitudes toward wealth by economists Michael Norton and Dan Ariely. Most Americans, the research shows, would like to see wealth in the United States much more equally distributed than they believe it is. But most Americans underestimate how staggeringly unequal the United States has become.
Sam Pizzigati, the editor of the Institute for Policy Studies inequality weekly Too Much takes viewers on a historical tour of the nation’s capital as he discusses his new book, The Rich Don’t Always Win: The Forgotten Triumph Over Plutocracy That Created the American Middle Class, 1900-1970 (Seven Stories Press).
The U.S. Senate Budget Committee February 9, 2012 hearing on “Assessing Inequality, Mobility, and Opportunity” featured testimony from Institute for Policy Studies analyst Sarah Anderson. In her remarks, Anderson showcased how excessive corporate executive pay has turbocharged the gap between America ultra wealthy and everyone else.
Some of America’s most flush corporations are demanding a tax holiday on their profits sitting offshore. In 2004, 58 corporations that benefited from a holiday slashed a total of nearly 600,000 jobs through layoffs while they collectively saved $64 billion from what they otherwise would have owed in taxes.
But we’re not broke. Not even close. The United States of America is awash in wealth. Our corporations are holding record trillions in cash. And overall individual wealth in the United States, the Credit Suisse Research Institute reported this past fall, has risen 23 percent since the year 2000, to $236,213 per American adult. Video […]