The Many Pipelines that Pump Our Wealth Up
Wage squeezes, share buybacks, and tax subsidies, three new progressive think tank studies show, are all combining to keep America's high and mighty ever higher and mightier. By Sam Pizzigati...
Articles
America’s Troubling Past with Poverty
[caption id="attachment_6591" align="alignright" width="290"] William Graham Sumner (1840 - 1910) was a Social Darwinist who believed the poor deserve their condition. His thought continues to influence debates about poverty in...
The Long, Dark Shadow Grand Fortune Casts
In urban hotspots like New York, the slender luxury towers of the global super rich are assaulting the sky. Inequality is literally blocking out the sun. In the late 1920s,...
What Makes the United States So Unequal?
In the United States, the government is doing less to reduce inequality than any other high-income society. By Robert J.S. Ross If governments did nothing, Western Europe and the United...
All Hail Piketty, But Props for Pickett, Too
A bold new egalitarian take on our modern economy from France joins a powerful already published rendering of inequality’s toll — on our daily lives — from the UK. Blend...
Thomas Piketty and U.S. Wealth Taxation
Don’t feel bad if you were busy and missed the buzz around the new book, Capital in the Twenty-First Century. It’s not every day that a 685-page book about wealth...
How Campus Chiefs Ace Executive Excess 101
The fiercer that major state universities squeeze faculty and students, a new study shows, the grander the rewards their presidents reap. By Sam Pizzigati [caption id="attachment_6403" align="alignright" width="300"] At the...
In High Finance, Humming a Happy Tune
The latest annual hedge fund industry pay stats have suits smiling — and ordinary mortals worrying about public education's future. By Sam Pizzigati [caption id="attachment_6377" align="alignright" width="300"] Hedge fund mogul...
The Striking Rise of the American Oligarchs
A new study argues that the United States no longer operates as a democratic society where the majority rules. [caption id="attachment_6500" align="alignright" width="228"] New research details how an economic elite...
Turning the Tables on ‘Tax and Spend’
Could the classic conservative put-down of progressive policy become a strategic template for attacking CEO pay excess? Legislators in California and Rhode Island may soon find out. By Sam Pizzigati...
Inequality and the Global Race to the Bottom
The chase after ever cheaper sites for manufacturing is causing rising inequality, low-wage misery, and unsafe workplaces in many parts of the world, the United States included. [caption id="attachment_6448" align="alignright"...
The Big Tip that America’s Servers Never See
The CEOs of America's 20 largest restaurant chains must be providing diners some mighty fine service. Their 'performance' is costing Uncle Sam nearly a quarter-billion dollars a year. By Sam...