The Other 99 Percent: How the U.S. Compares
The other 99 percent do far worse in the United States than in any other developed country. By Salvatore Babones In September 2011 the Occupy Wall Street movement grabbed the...
Articles
On Wall Street, Still Tis the Season to Be Jolly?
Financial industry insiders are grousing about a big downturn in annual bonuses. They should be thanking the rest of us — bombshell new research shows — for their continuing awesome...
The Alchemy of Our Awesomely Affluent
Today's super rich can't turn tin into gold. But they can get Uncle Sam to loan them free money. At the expense, of course, of America's bottom 99 percent. How...
The Best Case Yet for Ending CEO Pay Excess
An independent British commission has just demolished the defenses that overpaid executives and their flacks have advanced to justify why executives today merit so much more than their counterparts a...
After the Deficit Reduction Supercommittee, Back to School
Now that the Deficit Reduction Supercommittee has apparently failed to reach a consensus on how to cut the trillion-dollar federal budget deficit, the field is open for new ideas. Locking...
The Top 1 Percent and a Generous Uncle Sam
A conservative U.S. senator has released a new study on federal giveaways to America's rich. Our plutocrats won't like it. But the indictment actually misses the biggest handout of them...
Our Affluent and the New Bunker Down
Just 40 years ago, most Americans rubbed elbows with neighbors from a fairly wide cross-section of income levels. But today's rich, Census data show, are keeping everyone else at arm's...
America’s Real Poverty Rate
The Census Bureau recently released a highly-anticipated report suggesting ways to improve the measurement of poverty in America. It found that adjusting for medical expenses, the value of benefits payments,...
The Global Super-Rich Stash: Now $25 Trillion
All sorts of financial experts have been tallying how much net worth is sloshing in the pockets of the world's most spectacularly wealthy. When will the time finally come to...
Centralized Labor Agreements in Finland: How Unions, Companies, and Government Can Work Together for a Better Society
Here in the United States, corporations treat their workers as adversaries. The role of management is to "keep costs down," which is another way of saying that it gets paid...
Preventing Another Women’s Wage Lost Decade
The gender gap in wages, new statistics show, has stopped narrowing. What's happening? Highly paid men, the few men at the very front of the line, have been taking almost...
For Corporate Elite, a 50 Percent Tax Discount
By statute, corporations are supposed to face a 35 percent income tax on their profits. Over the last three years, a new report reveals, corporations are paying at half that...