Paul Ryan Just Now Realized He Was Ignorant About Poverty

If the takers aren’t standing in the unemployment line or rushing home from the second job to change diapers, just where are they? Because an awful lot of America’s resources have gone missing.
Lynne Stuart Parramore

What the Steve Jobs Movie Won’t Tell You About Apple’s Success

Everything you can do with an iPhone was government-funded. From the Internet that lets you surf the Web, to GPS that lets you use Google Maps, to touchscreen display and even the SIRI voice activated system — all were funded by Uncle Sam.
Lynne Stuart Parramore

Meet The Billionaires Who Pillage Under the Shield of Philanthropy

America’s parasitical oligarchs are masters of public relations. One of their favorite tactics is to masquerade as defenders of the common folk while neatly arranging things behind the scenes so that they can continue to plunder unimpeded.
Lynne Stuart Parramore

Joseph Stiglitz on Why the Rich are Getting Richer

The Nobel Prize-winning economist says that through corporate consolidation and even gentrification, the elite are siphoning up all the world's wealth for themselves.
Lynne Stuart Parramore

Walmart Wants to Offer Banking For America’s Poor

The FDIC estimates there are 10 million people living in the U.S. who do not have a bank account — that’s one out of every 13 households. Public banking could fix that, but Walmart wants a piece of the action.
Lynne Stuart Parramore

Wages Dropped for Almost All American Workers in First Half of 2014

Think your money's not going very far this year? It's not your imagination. According to new research, real hourly wages declined for almost everybody in the U.S. workforce in the first half of 2014. Thanks, so-called recovery.
Lynne Stuart Parramore

What Life Will Look Like When You Can’t Afford to Retire

In new Harper's article, journalist Jessica Bruder adds a new phrase to America's vocabulary: "Elderly migrant worker." A growing number of older Americans must resort to Rving across the country for seasonal and temporary employment.
Lynne Stuart Parramore

Regulators: Mega-Banks Still a Giant Threat

We hear a lot of big talk about how Dodd-Frank has made the financial system safer. It's supposed to protect us from another financial crisis like the one in 2008. But does anybody really believe it? The bank regulators sure don’t.
Lynne Stuart Parramore

How Inequality Shapes the American Family

A growing body of evidence suggests that inequality is changing not only American family structures, but the roles men and women play and the calculations they make in pairing and establishing households.
Lynne Stuart Parramore

Cut-Throat Capitalism: Welcome To the Gig Economy

The media use exciting words like "creativity" and "adaptability" to describe the shift away from steady, full-time work to a gig economy of freelancers and short-term contracts. But it looks quite different, if you're actually stuck in it.
Lynne Stuart Parramore

7 Mindblowing Economic Trends You Need to Know About

Which country is considering a $25 minimum wage? How popular is American capitalism these days? Which country's millionaires want to be taxed? Here's the good, the bad, and the downright crazy in economic trends.
Lynne Stuart Parramore

Elizabeth Warren: Standing Between You and Total Bank Domination

There’s really a storybook quality to Elizabeth Warren. How did this cookie-baking housewife from Oklahoma end up staring down the most powerful financial powers on Planet Earth, causing them to tremble in their wingtip shoes?
Lynne Stuart Parramore

5 Ways American Policies Make Us Lonely, Anxious, and Antisocial

Our society is designed by politicians indebted to the 1 percent for the purpose of enhancing and maintaining their power. The rest of us lead rocky, competitive lives that leave us isolated and exhausted. Inequality is stunting our growth.
Lynne Stuart Parramore

5 Reasons to Consider a Basic Income for All Americans

What if you could receive a guaranteed basic yearly income with no strings attached? Sounds like a far-fetched idea, right? Wrong. All over the world, people are talking guaranteeing basic incomes for citizens as a viable policy.
Lynne Stuart Parramore