Elites that see their legal power eroded by democratization may increase their investments in de facto power — lobbying, for instance — to continue to control the political process.
President Obama was correct in December when he called widening inequality “the defining challenge of our time.” He mustn’t back down now.
Growing inequality is not raising all boats. Average U.S. families have moved up a bit, slowly, in large measure because wives are working more than before and, for many, more than they wish.
Two-thirds of Americans, 66 percent, feel that the government should work to substantially reduce the income gap between rich and poor.
America’s founders, despite decades of rancorous disagreements about almost everything, agreed that their new nation would survive and thrive only if we had widespread ownership of land and businesses — and not wealth concentrated in the pockets of a few.
We could use the tax system to penalize “under-occupation.”
Why not deny federal contracts to corporations that pay their top executives over 20 times what their lowest-paid workers are making?
A look at new research from political scientists at Northwestern and Vanderbilt.
On the ugly outbreak of whiny victimhood now ravaging some of America’s most exclusive Zip codes.
Today’s plutocrats, notes this leading tax historian, have no idea what it means to face a real class warrior.