The Low-Wage Corporations That Blew Half a Trillion Dollars to Inflate CEO Pay
A new report reveals that nearly half of the 100 largest low-wage employers spent more on stock buybacks than on long-term capital investments over the past five years.
A new report reveals that nearly half of the 100 largest low-wage employers spent more on stock buybacks than on long-term capital investments over the past five years.
Absent government intervention, the CHIPS Act risks enriching executives rather than the workers it seeks to employ.
Despite aiming to close achievement gaps, state takeovers of school districts worsen education inequality for low-income and minority students.
‘The Spirit Level at 15’ builds upon our century’s first inequality classic
Our age cohorts don’t tell the full story
As wealth inequality grows even more startling, a small sliver of the ultra-wealthy are organizing to distribute resources more equally.
Congress should use taxes to generate new revenue from Wall Street firms and executives and to curb excessive CEO pay, unproductive short-term financial speculation, and wasteful stock buybacks.
The relatively decent financial state of Millennials as a whole is buoyed by the few that are wildly wealthy while the majority struggle.