Tag Archives: economic inequality

Taxpayers Are Footing the Bill for Sky-High CEO Salaries

Billions in taxpayer funds go to CEOs who pay their workers peanuts. We can change that. By Sam Pizzigati Source: Other Words Politicians often gab about the “private sector” and the “public sector,” as if these two categories of economic … Continue reading

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Why do corporate boards so overpay US CEOs?

By Sam Pizzigati Source: Nation of Change Back in 1999, near the dizzying height of the dot-com boom, no executive in Corporate America personified the soaring pay packages of America’s CEOs more than Jack Welch, the chief exec at General … Continue reading

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National (In)Security In the United States of Inequality

By Rajan Menon Source: Unz Review So effectively has the Beltway establishment captured the concept of national security that, for most of us, it automatically conjures up images of terrorist groups, cyber warriors, or “rogue states.” To ward off such … Continue reading

Posted in Corporate Crime, culture, Dystopia, Economics, Financial Crisis, Health, Housing Crisis, Inequality, Labor, military spending, Neoliberalism, Social Control, Social Engineering, society, Sociology, State Crime, war, wasted taxpayer dollars, Work | Tagged , , , , , , , , , , , , , | Leave a comment

American Society Would Collapse If It Weren’t for These 8 Myths

By Lee Camp Source: TruthDig Our society should’ve collapsed by now. You know that, right? No society should function with this level of inequality (with the possible exception of one of those prison planets in a “Star Wars” movie). Sixty-three … Continue reading

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Eternity, nature, society and the absurd fantasies of the rich

By Kurt Cobb Source: Resilience Professor and author Douglas Rushkoff recently wrote about a group of wealthy individuals who paid him to answer questions about how to manage their lives after what they believe will be the collapse of society. … Continue reading

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Jeff Bezos’ Paper Tells You Not to Worry About Those Billionaires

By Dean Baker Source: FAIR Just when you thought economic commentary in the Washington Post couldn’t get any more insipid, Roger Lowenstein proves otherwise. In a business section “perspective” (7/20/18), he tells readers: But what if inequality is the wrong metric. Herewith … Continue reading

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This Viral ‘Feel-Good’ Story Is Actually an Indictment of American Labor Hell

By Luke O’Neil Source: Observer In what’s quickly become the feel-good story of the week, a young Alabama man named Walter Carr is being lauded across the country for his perseverance and indomitable spirit. It’s the type of story that … Continue reading

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25 Families Own $1.1 Trillion Between Them as the Global Wealth Inequality Gap Grows

Using data from their list Forbes has produced a list of the top 25 richest families in the world. Together they are worth over $1.1 trillion, or the entire GDP of Indonesia. By  Rosa Tressell and Dr. Leon Tressell Source: SouthFront Once … Continue reading

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