Accelerating Racial Wealth Inequality
As protesters march through our cities, a new study dramatizes that at the heart of our racially fractured society is a hidden system of racial wealth inequalities. The marches in...
Articles
Supply and Demand: Workforce Edition
A coming shortage of highly skilled labor is likely to create new kinds of social disparities. By Sheila Suess Kennedy Recently, a German economist predicted a significant worldwide labor shortage...
Dethroning Reagan’s ‘Welfare Queen’
The reality of poor Americans' lives is far more complex than cultural stereotypes suggest. By Sheila Suess Kennedy [caption id="attachment_7539" align="alignright" width="166"] Despite evidence to the contrary, the myth of...
Inequality Defenders Lose Credibility
New research and on-the-ground reality are shredding what little credibility the rationalizers of inequality have left. By Sam Pizzigati [caption id="attachment_6855" align="alignright" width="398"] New research co-authored by former World Bank...
400 Reasons Our Lives Feel Squeezed
America’s 400 richest are collecting far more of the nation’s income than they did two generations ago — and paying Uncle Sam far less. To fudge these facts, pals of...
Republican Nostalgia for the Gilded Age
Though Republicans often feign nostalgia for the 1950s, they are actually more nostalgic for the Gilded Age. By Claire Goldstene [caption id="attachment_7472" align="alignright" width="300"] At least since Ronald Reagan, the...
Some ‘Old’ News for a Newly Elected Congress
The nonpartisan Congressional Budget Office has just released its latest appraisal of America’s income breakdown. Whatever yardstick you use, the CBO shows, the rich are winning. Big. By Sam Pizzigati...
If It Looks Like Employment, It Probably Is
The day is dawning when misclassified workers will regain the rights and privileges of employment. By David Bensman [caption id="attachment_7443" align="alignright" width="300"] Misclassifying workers as independent contractors saves employers about...
Leave No Generation Behind
A tax on inherited wealth could eliminate student debt while reducing growing inequality. Over a decade ago, I got a call from Bill Gates. Not the Bill Gates you’re probably...
A Forgotten Lesson: It’s the Economy, Stupid
Progressives should take a lesson from President Clinton's 1992 campaign: it's still the economy, stupid. By Sheila Suess Kennedy [caption id="attachment_7411" align="alignright" width="291"] Strategist James Carville famously coined this phrase,...
Wall Street Profits from Poor Neighborhoods
Wealthy investors have made poor neighborhoods into a highly lucrative enterprise for the 1 percent. By Brett Williams For the last three years I’ve been following young people born in...
The Peasants Still Have Their Pitchforks
Americans want what 21st century politics has so far not delivered: real options for challenging concentrated wealth. The latest evidence. By Sam Pizzigati [caption id="attachment_6777" align="alignright" width="375"] New research from...