The Racial Wealth Divide Is Vast, But It Doesn’t Have To Be

By Margaret Flowers and Kevin Zeese, Clearing the FOG. -

In a new report, "Dreams Deferred: How Enriching the 1% Widens the Racial Wealth Divide," researchers at the Institute for Policy Studies outline how the racial wealth gap has widened over the [...]

Uniting For A Green New Deal

By Margaret Flowers and Kevin Zeese, Popular Resistance. -

Support is growing in the United States for a Green New Deal. Though there are competing visions for what that looks like, essentially, a Green New Deal includes a rapid transition to a clean [...]

Abolish Wage Slavery: Productivism As An Extractive Industry

By Scott Tucker, Counterpunch. -

The alienation of labor takes many forms, including the outright ownership of slaves. When big mills and factories were introduced under systems of waged labor, elements of judgment and craft [...]

Tenth Anniversary Of Financial Collapse, Preparing For The Next Crash

By Kevin Zeese and Margaret Flowers, Popular Resistance     -

Ten years ago, there was panic in Washington, DC, New York City and financial centers around the world as the United States was in the midst of an economic collapse. The crash became the focus of [...]

That Raise You Were Promised Last Year? Wall Street Took It From You

By Will Bunch, The Inquirer -

By and large, American workers haven’t been getting the kind of pay raises that history predicts for an economy with such a low unemployment rate. That’s even more astounding when you [...]

Risky Debt Spending Of Bottom Half Is Bolstering The Economy

By Jonathan Spicer, Reuters -

By almost every measure, the U.S. economy is booming. But a look behind the headlines of roaring job growth and consumer spending reveals how the boom continues in large part by the poorer half [...]

How Much America’s Biggest Corporations Have Stolen From Their Own Workers

By Branko Marcetic, Jacobin   -

How do the biggest corporations earn such massive profits? They’d like you to think it’s the result of delivering a superior product or service. But one part of that story is years of wage theft [...]

Welfare Beats Jobs When It Comes to Poverty Reduction

By Nathaniel Lewis, People's Policy Project. -

When it comes to poverty reduction, increasing employment and increasing social spending can both help. But which is the more effective of the two approaches? In this piece, I use data from the [...]

Hiding The Real Number Of Unemployed

By Pete Dolack, Systemic Disorder -

A better indication of how many people have found work is the “civilian labor force participation rate.” By this measure, which includes all people age 16 or older who are not in prison or a [...]

Young People Leading Growing Movement Against Low Pay And Precarious Work

By Helen Blakely and Steve Davies, The Conversation -

Strikes have taken place at McDonald’s and TGI Friday’s restaurants across the UK in recent months. These strikes are the first of their kind in the UK, instigated by a new generation of trade [...]

Why Are CEOs Paid 361 Times More Than Their Average Employees?

By Paul Ausick, 24/7 Wall Street -

In 1980 the average CEO-to-worker pay ratio was 42:1. In 2017 the ratio was 361:1. Total CEO compensation averaged $13.94 million last year, compared to just $38,613 for the average production [...]

Student Loans, 21st Century Indentured Servitude

By Julian Vigo -

I have seen the student loan crisis up close from both sides of this polemic. First, as an extremely young student who was “sold” the only way to get an education—in addition to joining the U.S. [...]

‘Retail Apocalypse’ Is Just Beginning

By Matt Townsend, Jenny Surane, Emma Or and Christopher Cannon, www.bloomberg.com -

By Matt Townsend, Jenny Surane, Emma Orr and Christopher Cannon for Bloomberg. The so-called retail apocalypse has become so ingrained in the U.S. that it now has the distinction of its own [...]

In 40 Years: CEO Pay Up 937%, Worker Wages Stagnant

By Alexandra Jacobo, www.nationofchange.org -

By Alexandra Jacobo for Nation of Change. US inequality problem continues to be the worst in the industrialized world. A new report, published by the Economic Policy Institute (EPI) this [...]

Minimum Wage Tracker

By Staff, www.epi.org -

By Staff of The Economic Policy Institute - The federal minimum wage has not been raised since 2009. In the absence of action at the national level, many states and localities have raised their [...]

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