( Otherwords.org) – CEOs at America’s biggest low-wage employers now take home, on average, 670 times what their typical workers make. But we don’t just get unfairness when a boss can grab more in a year than a worker could make in over six centuries. We get bungling and inefficient businesses. Management science has been […]
Let’s Go after the Ill-Gotten, Tax-Evading Gains of All Oligarchs, not just Russian Ones
( Inequality.org ) – Can we please get serious about taxing the rich? Polls show that hefty majorities of people in the United States — and around the world — believe the rich ought to be paying more at tax time. Yet our contemporary don’t-tax-the-rich era has now entered its fifth consecutive decade. Egalitarian tax […]
Is the Gutting of Newspapers by Private Equity Firms the Nail in the Coffin of Democracy?
Profit maximizing in the newspaper industry is corroding the knowledge base that sustains government by the people. ( Inequality.org ) – Has the unthinkable, the Swedish political scientist Bo Rothstein mused earlier this month, now entered the realm of real possibility? Could democracy in the United States be disappearing? Millions of Americans are worrying about […]
Two Sides, Same Coin: Suppressing Votes, Cutting Rich People’s Taxes
( Inequality.org) – America’s national media typically pay little attention to the moves the nation’s state lawmakers make. Not this year. State legislative battles have emerged over recent months as a top-tier national story. And deservedly so. The battling at the state level — on a tidal wave of proposed new voter-suppression laws — could […]
How Billionaires’ Utopias could End American Democracy
( Inequality.org) – Great wealth can do great damage. Grand personal fortunes, we’ve come to understand, can menace our democracy and distort our economic life. But these fortunes can also wreak a much more hidden havoc: They can mess up the minds of people who hold them. Great fortunes can leave their owners feeling supremely […]
Let’s Take the Profit Out of War
By Sam Pizzigati | – ( Otherwords.org) – After all, we grew up living it or hearing about it. The 20th century rates as the deadliest in human history — 75 million people died in World War II alone. Millions have died since, including a quarter-million during the 20-year U.S. war in Afghanistan. But for […]
Just how Bold is Biden’s Plan to Pay for Infrastructure by Making Rich Pay their Fair Share?
( Inequality.org) – President Joe Biden has made no secret of his admiration for Franklin D. Roosevelt. He’s even given a painted portrait of FDR the most prominent place of honor in the White House Oval Office. A bit more significantly, Biden has just announced the most ambitious gameplan — since FDR’s New Deal — […]
Trump’s Metaphor of ‘Missing a Putt’ for Police Killings says everything about our spoiled Plutocrats
(Inequality.org) – Trying to keep up with the stunningly inappropriate — and worse — remarks of Donald Trump can sometimes seem a full-time job. Just this past week, for instance, we’ve seen the president seem to encourage voters in North Carolina to vote twice, once by mail and once by person, a felony under state […]
Also, Defund the CEOs
(Inequality.org) – America’s dirtiest three-letter word may now be “CEO,” and our ongoing economic meltdown is only making that tag even dirtier. Chef executives the nation over have spent this past spring scheming to keep their pockets stuffed while their workers suffer wage cuts, layoffs, and even death by Covid-19. Not all CEOs, of course. […]
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