Top 0.1% of Americans hold as much of the country's wealth as bottom 90% #inequality #Davos http://t.co/U3jLG01Bue pic.twitter.com/jHVaCE9tSD — The Economist (@TheEconomist) January 19, 2015 Oxfam has put out a fortuitously timed report on global wealth inequality just as the World Economic Forum at Davos, Switzerland gets underway. Then again, maybe Oxfam knew exactly what [...]
|By: Peter Van Buren Wednesday October 29, 2014 11:10 am|
In America’s richest city, four blocks from where the Koch Brothers live, in a nation that has allocated $1.57 trillion to fund the wars in Iraq and Afghanistan, including $92.3 billion in fiscal year 2014, we don’t have much to offer this guy.
|By: Sara Haile-Mariam Wednesday December 11, 2013 2:19 pm|
Since its inception The Harry Potter Alliance has launched successful campaigns, told intricate policy stories and done a world of good in a world of Muggles. Now, in time for the release of Catching Fire the group is looking to The Hunger Games to elevate the issue of economic inequality and to galvanize young people on behalf of those most affected. I got a chance to talk to Andrew Slack, Co-founder and Executive Director of the Harry Potter Alliance about the campaign and will share some of his insights.
|By: DSWright Wednesday November 6, 2013 7:43 am|
For the first time since 1989 a Democrat will be the mayor of New York City. Bill de Blasio ran and won on a campaign platform of ameliorating wealth inequality in NYC. His narrative of “A Tale of Two Cities” spoke to voters who handed de Blasio a landslide victory.
|By: Jon Walker Monday December 5, 2011 10:10 am|
In the past few decades it has become much rarer for the poor to move themselves out of poverty. Low economic mobility and high income inequality are hallmarks of feudal societies run by landed gentry, not nations founded on fairness and equal opportunity.
|By: Swopa Friday September 16, 2011 8:00 pm|
In recent years, as the mendacity and greed of the wealthiest, most powerful elements of our society have become ever more thinly veiled — and ever more unchecked — it’s become more common for people to express offhand, “We’re heading for another Gilded Age“… another era, like the late 19th century, when vast riches were concentrated in the hands of a lucky few who flaunted it brazenly.
So far, that hasn’t become literally true (yet) in the United States, but elsewhere, a tipping point might have been reached.
|By: emptywheel Thursday September 9, 2010 6:05 am|
We’re Americans. We can dismiss the possibility we live in a banana republic as nonsense, right?
|By: Laura Flanders Wednesday May 21, 2008 5:00 pm|
As the Senate Committee on Veterans Affairs was holding a hearing on veterans’ healthcare, we sat down with Iraq vet Kris Goldsmith of Long Island who chose to take his own life rather than be “stop-lossed.” Kris puts a face on the latest, horrific, government statistic, namely, that deaths from suicide may exceed combat deaths among soldiers who’ve served in Afghanistan and Iraq. Watch this interview sitting down, then get up and DO SOMETHING.
|By: Laura Flanders Wednesday May 21, 2008 2:04 pm|
Americans are working more, real wages are going down. American wealth inequality is greater today than in the pre-World War One age we called the Gilded Age. How did it get so lop-sided? We ask our roundtable participants, Ed Ott, Saru Jayaraman, and Tamara Draut.