Economy

US “much greater shares of national wealth and income going to the richest 1% than any other country.”

Rashida Tlaib and Working Class Authenticity v. Trump’s Plutocrat Pretense

Ann Arbor (Informed Comment) – Why does Donald Trump get a pass on speaking and acting obscenely but Rashida Tlaib is pilloried for calling him a Mofo? It is because US corporate media and political elites expect the wealthy to do bad imitations of working class profanity (so as to fool the rubes into voting […]

Inequality

How Corporate Monopolies and High Prices are Making you Poor and Rich Richer

Sam Pizzigati

The more industries monopolize, the wider the gap between our richest and everyone else.

Banking

Wall Street, Inequality and the Anger of the People

Nomi Prins

( Tomdispatch.com ) – As we head into 2019, leaving the chaos of this year behind, a major question remains unanswered when it comes to the state of Main Street, not just here but across the planet. If the global economy really is booming, as many politicians claim, why are leaders and their parties around […]

Plutocracy

Trump’s Trade Czar, The Latest Architect of Imperial Disaster

Alfred W. McCoy

Trump’s Trade Czar, The Latest Architect of Imperial Disaster Five Academics Who Unleashed the “Demon” of Geopolitical Power By Alfred W. McCoy ( Tomdispatch.com ) – As Washington’s leadership fades more quickly than anyone could have imagined and a new global order struggles to take shape, a generation of leaders has crowded onto the world […]

Inequality

What Does Inequality Cost the Average American? About $150,000

Sam Pizzigati

Americans pay a steep price for not spreading their wealth around as well as other developed countries.

Democratic Socialism

Can Social Democracy Work In America? The Rise of DSA (Video)

Francesca Fiorentini

“The middle class is dying. And that has young Americans turning to democratic socialism for solutions.” Can Social Democracy Work In America? | AJ+

Climate Change

All our Dystopias Now: Climate Crisis, Plutocracy and Hyper-Nationalism

John Feffer

(Tomdispatch.com) – The mid-term elections are over, and the Democrats have regained the House, but the rest of American political reality remains intact. Meanwhile, the campaigns barely touched on the most important issues of our time: war, climate change, and the fracturing of the international community. So, let’s consider these larger issues from a different […]

Inequality

Report: World’s Richest Got 20% Richer in 2017

TeleSur

A report published recently by Swiss bank UBS shows the world’s wealthiest are now worth $9.1 trillion, enough to spend $1 million per day for 30,000 years. In 2017, more than 2,000 billionaires around the world became even wealthier, pushing their collective fortunes to historic levels. According to a report recently published by Swiss bank […]