World’s Richest One Percent Undermine Fight Against Economic Inequality

By: Sunday March 22, 2015 6:00 pm

” Inequality is about more than economics and growth – it is now at such high levels that we risk a return to the oligarchy of the gilded age. ” — Ben Phillips of ActionAid. By Thalif Deen UNITED NATIONS – The growing economic inequalities between rich and poor – and the lopsided concentration of [...]

 

As GOP Targets Social Security, Arguments Raised To Expand It

By: Tuesday January 27, 2015 1:00 pm

CNN: Why is GOP going after Social Security? http://t.co/B1RLjfxhrG #GopDontCare #UniteBlue #TNTweeters pic.twitter.com/acfgP25zez — Brook Bufa (@jupiter896) January 27, 2015 Not surprisingly, the new Republican-led Congress is, once again, planning to attack Social Security as part of the party’s historic blood oath to undo anything associated with the New Deal no matter how successful. That [...]

The Real Winners Of The Recovery: The Superrich

By: Monday January 5, 2015 8:00 am

Much has been made of the yawning gap between the 1% and the 99% and that America is by and large a plutocracy. But inequality is also expanding within the commanding heights of the US economy as new research shows that the top .1% has broken away from their uber-wealthy peers and amassed more than [...]

Detroit: A Tale of Two Cities: Post-Bankruptcy

By: Tuesday November 18, 2014 2:45 pm

Discussion of Detroit, MI falling from premier industrial city to bankruptcy and the ramifications.

FDL Book Salon Welcomes Robert Mutch, Buying The Vote: A History of Campaign Finance Reform

By: Saturday October 25, 2014 1:59 pm

Using money to influence—ie. purchase—elections began when Thug gave Ugg a big, sharp rock in return for his vote for cave leader. It’s an ugly scene – and it has never stopped.

But with the advent of formalized democracy, purchasing a vote has gone through a psychological shift. With money, you can buy a voter’s neurons, board the brain like a pirate, and steal the booty—some poor schmuck’s “choice” made in a voting booth.

Sensible Leadership On Economics In Real Life

By: Sunday October 19, 2014 11:40 am

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?

Late Night Irony Alert: Payers of Low Wages Complain about Low Wages

By: Wednesday October 15, 2014 8:00 pm

A question for these Retailers:

Would you support Unions, drop Austerity, erect Tarriffs, abrogate the trade treaties: NAFTA, CAFTA, TPP, TTIP and TISA, and lobby the Federal Government to fix our infrastructure (good jobs, money in the bottom 50%, more sales), all to fix you bottom line?

Yes or No?

FDL Book Salon Welcomes Ha-Joon Chang, Economics: The User’s Guide

By: Sunday October 12, 2014 1:59 pm

Understanding some basic economics is crucial to understanding the world we live in, which in turn enables us to be better consumers, producers, and voters. Ha-Joon Chang’s Economics: The User’s Guide offers much of what people need in order to achieve this understanding in a way that is noticeably different from what a traditional introductory textbook looks like.

Most Americans Unaware How Rich 1% Are

By: Monday September 29, 2014 3:00 pm

As evidence showing more and more of America’s wealth is being snatched by the rich compounds, a survey shows Americans are still unable to grasp how truly rich those at the top are. The 400 wealthiest Americans now control $2.3 trillion worth of wealth while the American middle class not gotten a raise in 15 years according to the US Census.

Poverty Unchanged By Wall Street Recovery

By: Wednesday September 17, 2014 1:27 pm

Though the federal government and Federal Reserve moved heaven and earth to ensure the 1% were made whole after the financial crisis, those unable to buy influence in Washington remain frayed. According to the Census Bureau over 14% of Americans remain below the poverty line while financial markets have made a considerable recovery from 2008 lows. There has been a recovery, for some.

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