A Bold New Drive to Recast the War on Want
We’ll only make real progress against the absence of wealth at the bottom of our economic order, a new global campaign declares, if we confront the concentration of wealth at...
Wealth Concentration
The Predicament of ‘One Percent’ Parents
As inequality worsens, rich parents have more to lose from any upward mobility of their children's competitors. By Lars Osberg The 1 percent already live in a separate world of...
Democracy Lite: All Form and No Substance
America’s most powerful economic policy maker dramatically charges that inequality is choking off opportunity for average families. Political candidates across the nation pay absolutely no attention. [caption id="attachment_6737" align="alignright" width="269"]...
Why Research Funding Matters for the Country
Declining public investment in basic scientific research undermines the nation's future. By Sheila Suess Kennedy I recently came across a newspaper clipping about a researcher at the University of Wisconsin-Madison...
On a Top-Heavy Planet, a Bit of a Nordic Puzzler
Income gaps and wealth concentration go hand in hand, new global stats make clear. With one exception. By Sam Pizzigati [caption id="attachment_6723" align="alignright" width="217"] The latest Credit Suisse Research Institute...
Our Empathetic Wealthy: The Rarest of Birds
A landmark new study has laid bare the dirty little secret of modern American philanthropy: America's wealthy don't particularly care all that much about the rest of us. By Sam...
From the First Forbes Rich List to the Last
America's super rich today actually hold more wealth than their counterparts back in 1918, the year Forbes first took a stab at identifying the nation’s grandest fortunes. By Bob Lord...
America’s Ridiculously Rich: the 2014 Edition
Forbes has just released its latest list of America's wealthiest 400. The new numbers on these grand fortunes don't just stagger the imagination. They stagger common sense. By Sam Pizzigati...
When Socialism Just May Offer Us an Answer
By socializing access to health insurance, the Affordable Care Act improved both our economic and moral health. By Sheila Suess Kennedy [caption id="attachment_7190" align="alignright" width="300"] The Affordable Care Act demonstrates...