How badly do centrists of both parties have to be beaten up economically before they get past the political/media freak show and renounce their belief in Neoliberalism as the One True Economic Faith?
|By: Peter Van Buren Thursday August 7, 2014 11:45 am|
Raise the minimum wage. The arguments for are strong, and the arguments against don’t hold up to facts.
One important reason to raise the minimum wage to a living one is that people who can afford to feed themselves will not need food stamps paid for by taxpayers. You still think everything on the dollar menu really costs only a dollar? Companies who profit off their workers’ labor will be forced to pay a fair price for it, and not get by on taxpayer-subsidized low wages. Just as important, people who can afford to feed themselves earn not just money, but self-respect.
|By: masaccio Sunday July 20, 2014 11:15 am|
We are losing the class war because we are not fighting the class war.
|By: Peter Van Buren Wednesday April 30, 2014 8:00 am|
The same bill in Congress that would cut food stamps pays out farm subsidies to America’s billionaires, including Microsoft co-founder Paul Allen, Charles Schwab and S. Truett Cathy of Chick-fil-A.
|By: DSWright Tuesday March 18, 2014 1:22 pm|
Billionaire Ken Langone is the latest 1%er to join the ranks of the abysmally stupid that gain entry by making ridiculous statements about Nazi Germany and contemporary American politics. Langone should really know better being an active participant in politics both in destroying former New York Governor Elliot Spitzer by funding private investigators and operatives like Roger Stone as well as being a central fundraiser for Governor Chris Christie (back when that was still a thing).
|By: Erik Loomis Sunday March 16, 2014 1:59 pm|
The 21st century United States is a nation of great income inequality and entrenched poverty. Progressives have demanded federal action to fight these problems, but Republican control over the House has made this nearly impossible. However, campaigns on the local and state levels have begun to transform the debate over income inequality. Beginning in the 1990s, living wage campaigns in cities across the nation began showing how local communities can make a difference. Some of the nation’s most politically progressive cities began pushing for paid sick leave, domestic partner benefits, and card check for unionization.
In the last two years, Occupy Wall Street brought economic inequality to the attention of national politicians and opened space for political leaders to push for higher minimum wage laws.
|By: DSWright Tuesday January 21, 2014 6:47 am|
According to a new report by Oxfam titled Working For The Few the wealth of the 1% richest people in the world amounts to $110 trillion, or 65 times as much as the poorest half of the world. Notably Oxfam does not buy into the nonsense about technology and education leading to yawning gaps in wealth inequality but properly notes that abuses of power and thievery are principally to blame.
|By: Brandon Jordan Wednesday December 18, 2013 11:15 am|
A recent report by The Chronicle for Higher Education has found 42 private college presidents made over $1 million in executive pay, up from last year’s figure of 36 millionaire presidents. The list was based on 2011 federal tax data from institutions receiving endowments.
|By: DSWright Wednesday December 11, 2013 11:10 am|
With even President Obama lamenting the loss of social mobility in America it now seems the majority of the American people no longer believe in the American Dream. According to a Bloomberg Poll the “land of opportunity” meme, long established irrespective of evidence, has finally been smothered by the realities of plutocracy.
|By: fairleft Sunday December 8, 2013 4:00 pm|
I first read about this on wsws.org and thought it might be Trotskyist exaggeration, but alas, President Obama really has told his flunkies that not extending jobless benefits is ‘okay’, which would make millions of workers destitute shortly after Christmas: