Looking for a quick fix to the deep inequality that so afflicts us? Stop your searching. We need to strategize instead for the long-term. A riveting new work from a leading historian helps us see how. The 79-year-old corporate gadfly Robert Monks, the former top federal regulator over America’s pension system, earlier this year opined [...]
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America’s top corporate executives love lecturing the rest of us about ‘fiscal responsibility.’ They want us to expect less from government. But they expect more, and a new report shows how they’re getting it. Last week, federal unemployment benefits for the 400,000 Californians out of work since last fall dropped almost 18 percent, a $52 [...]
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If we let wealth continue to concentrate — and corrupt every element of our contemporary societies — we’ll all end up crying ‘96 tears.’ Aging baby boomers may remember, from way back in 1966, a one-hit-wonder rock band that sported an all-time great of a name. That band — Question Mark and the Mysterians — [...]
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How much did America's top execs make last year? The scorekeepers don't all agree. But that won't matter if we keep our eyes on the most important figure of all: the pay gap between CEOs and workers.
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A colossal gift from a fabulously rich patron of the arts has the museum world buzzing. But hold the hosannahs. The rich aren't saving our culture.
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Today's conventional wisdom in Congress on taxing the rich — that tax rates on income at our economic summit have gone as high as they can sensibly go — has no real evidence to support it.
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Media darling Rand Paul is doing his best to end progressive taxation in America. Randolph Paul, over a half-century ago, helped make progressive taxation a prime building block for America’s middle class golden age. To stop politicos like Rand, we need to remember insightful advocates like Randolph. April 15 is fast approaching, and Americans are [...]
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All across Corporate America, top execs are feathering their own nests at the expense of their workers. The French seem to have a better idea.
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Egalitarian-minded academics have just subjected a central political question of our time to some rigorous research scrutiny. What they've found: More knowledge about our economic divide can change how people feel about inequality, but not necessarily what they do.
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The current European revolt against CEO greed, if successful, might leave Corporate Europe looking just like Corporate America — in the 1950s.
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