December 18, 2024                                                         Home   Subscribe  Open in Browser

 

A weekly newsletter from the Institute for Policy Studies

 

THIS WEEK

In many ways, this has been a dispiriting year in the struggle for a more equal society. Donald Trump’s election to a second term has all of us thinking defense. We now face a massive charge to lock in tax cuts for the wealthy and privatize our most essential public services. We’ll need to mobilize, on an equally massive scale, taking care, as we go, to soberly analyze our political landscape.

At the same time, an overly dour look at the year ahead can obscure the big wins that working people made against our billionaire class. For this, our last issue of the year, we’d like to remind everyone about the victories we’ve all achieved over this past year. The battles we’ve fought haven’t been easy, but we’ve been able — by uniting across communities — to move forward.

Before presenting this year’s final issue, I’d like to thank you for all your support and helpful feedback over my first year as Inequality.org’s managing editor. Please feel free to share your comments and suggestions by replying to these emails!

Chris Mills Rodrigo
for the Institute for Policy Studies’ Inequality.org team

 

The Best of 2024

A collage of activists fighting for unions, against tax cuts, against the Alberton's-Kroger meger and more.

Every week here in Inequality.org we feature champions in the fight against inequality. For this year-end issue, our managing editor Chris Mills Rodrigo and co-editor Sarah Anderson have pulled together 10 of 2024’s most inspiring wins. 

Among the highlights: The labor movement has over the past year achieved major breakthroughs, with a landmark southern triumph at Volkswagen in Tennessee, and at Amazon, where over 5,000 drivers now carry Teamster cards. Worker advocates have also won new federal-level protections on everything from safeguards on extreme heat to broader overtime pay coverage.

Activists have also teamed up with crusading federal regulators to block a Kroger-Albertson’s merger that would’ve driven up food prices. They’ve also won billions of dollars for victims of financial rip-offs. At the state level, voters in 2024 passed inequality-fighting tax, wage, and paid-leave measures by huge margins.

Without a doubt, we face formidable challenges. But in dark times like these, moves that shine a light on successful efforts to reverse our country’s extreme inequality become even more important. Check our full list at the link below.

CAUSE FOR OPTIMISM
 

FACES ON THE FRONTLINES

Kenny Stancil

Pressuring President Biden To Free a Principled Advocate for Tax Justice

This week’s frontline face: Kenny Stancil, a senior researcher at the Revolving Door Project, a public interest watchdog group that seeks to expose and mitigate corporate influence over key players in federal and state government and the economic media.

What he’s doing to help create a more equal world: Stancil has been working with Bob Lord — a senior Patriotic Millionaires tax policy advisor and an Institute for Policy Studies associate fellow — on a campaign to pressure President Biden to commute the prison sentence of Charles Littlejohn, the IRS contractor whose 2019 and 2020 leaks to the New York Times and ProPublica helped expose the massive tax avoidance America’s ultra-wealthy regularly practice. 

By shedding light on the extent of tax injustice, Littlejohn performed an invaluable public service. But federal district court judge Ana Reyes, after receiving a scathing letter from 25 congressional Republicans, sentenced Littlejohn to a five-year prison term, fully six times the federal sentencing guideline maximum.

A Free Charles Littlejohn website is now helping Americans urge Biden, via letters and electronic messages, to commute Littlejohn’s sentence to time served. 

What makes equality so important to him: “Lethal inequality persists because private-jet-setting billionaires are hoarding an increasing share of the world’s wealth,” Stancil notes. “Creating an equitable tax system capable of redistributing ill-gotten gains derived from exploiting workers and enclosing the commons would be one essential step toward solving humanity’s most pressing problem.”

READ MORE
 

CHART OF THE WEEK

A chart showing the relative wealth growth of the top 12 U.S. based billionaires.

In a recent Inequality.org commentary, Chris Bohner and Eric Blanc identify eight reasons why the labor movement’s resurgence can continue through the incoming — and hostile — Trump administration. This chart reflects just one of those reasons: the significant financial power unions now hold. With nearly $36 billion in assets, unions can pursue aggressive organizing drives while simultaneously defending themselves from regulatory and legislative attacks.

 

TOO MUCH

Ghastly Glimpses of America’s Most Rich-People-Friendly Year

After last week’s murder of UnitedHealthcare CEO Brian Thompson, America’s health care powers-that-be are feeling and fearing the American public’s anger now more than ever. Health care’s corporate giants, Reuters reports, have already begun enhancing the security they provide their top execs.

The challenge for the rest of us? We need to help channel the anger about health care that so many Americans feel today toward ending the system that has so failed America’s health. We need to remake health care into a vital and vibrant public service.

Our health care system, in the end, shouldn’t be making our rich richer. Our richest instead should be paying enough in taxes to help all Americans stay healthy. Inequality.org co-editor Sam Pizzigati has more. 

PRODUCTIVE ANGER
 

MUST READS

What's new on Inequality.org

 

Omar Ocampo and A.J. Schumann, AI’s Energy Demands Are Fueling the Climate Crisis. The rapid growth of artificial intelligence systems is precipitating an environmentally problematic spike in data center construction.

 

Dan Petegorsky, DAF Trends or DAF Spin? One of the country’s largest donor-advised fund sponsors publishes an annual report that demands a closer look.

 

Phil Mattera, Trump Recruits Regulatory Rulebreakers. The incoming Trump administration is overflowing with picks for high positions who stand to benefit from weakening regulations.

 

Mark your calendars: Join us on January 8, 2025 for a webinar on the prospects of “sustainable” aviation fuels featuring Inequality.org co-editor Chuck Collins. To register for this free event, click here.

 

Elsewhere on the web

 

Caroline O'Donovan and Lauren Kaori Gurley, Senate probe finds Amazon manipulated workplace injury data, The Washington Post. The e-commerce giant ignored internal safety recommendations, a Senate panel found.

 

Max Lawson, Inequality and the Dawn of Everything, Equals. Oxfam International’s lead on inequality policy takes a look at the myth that modernity makes inequality inevitable.

 

Gary Simonds, Why Do We Hero-Worship Billionaires? Psychology Today. Our super rich owe their billions to a supportive familial-societal-governmental infrastructure, the creativity of their underlings, and the predatory practices their plutocratic power inflicts upon their rivals.

 

Arloc Sherman, Danilo Trisi, and Josephine Cureton, A Guide to Statistics on Historical Trends in Income Inequality, Center on Budget and Political Priorities. Data from a wide variety of sources continue to show shared prosperity during the early post-World War II period and then, since the 1970s, slower economic growth and much greater economic inequality.

 

Sara Wexler, Economic Inequality Is Even Worse Than You Think: An interview with Rob Larson, Jacobin. An economist discusses his new book, a deep dive into the obscene wealth of America’s richest.

 

Harold Meyerson, Media Mogul Amok, American Prospect. “Freedom of the press,” the great media critic A. J. Liebling observed years ago, “is guaranteed only to those who own one.” Billionaire Patrick Soon-Shiong, the owner of the Los Angeles Times, has spent the last month exercising his own unfettered “freedom.” 

 

Lisa Gilbert and Robert Weissman, Musk and Ramaswamy's DOGE — A Cocktail of Corruption, Illegality, and Harm, Newsweek. This super-wealthy pair has a two-part plan for Trump’s second administration: gut federal government regulations and slash government spending.

 

Paul Krugman, My Last Column: Finding Hope in an Age of Resentment, New York Times. Some of the angriest people in America today just happen to be billionaires who don’t feel sufficiently admired.

 

Isobel Cockerell, The super-rich and their secret worlds, Coda. A look at the enclaves that defy national borders and laws, places where the mega-rich can hide their assets and play by their own rules.

 

Ted Schrecker, Health promotion must be(come) equality promotion, Global Health Promotion. Rising inequality is compromising — and even eliminating — the chances that mega-millions of people have to lead healthy lives.

 

James Bohland, The Truth about MAGA: Plutocrats in Populist Clothing, Fair Observer. MAGA, once we tear away the populist outer covering, emerges as an entity committed only to enriching the rich and realigning government to ensure that our richest continue to pull all the key levers of power.

 

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Inequality.org | www.inequality.org | inequality@ips-dc.org

Institute for Policy Studies
1301 Connecticut Avenue Ste 600
Washington, DC 20036
United States 

Managing Editor: Chris Mills Rodrigo
Co-Editors: Sarah Anderson, Chuck Collins, Bella DeVaan, and Sam Pizzigati

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