Share the Wealth? We Can Start Now – Here’s How

Redistribution via the tax code, progressives on both sides of the Atlantic are realizing, only takes us so far. We need to start limiting inequality before it can dig in. The UK Labour Party has just unveiled a fascinating proposal that moves us exactly in that direction.

Why Do Corporate Boards So Overpay U.S. CEOs?

Corporate boards are asking us to blame sky-high CEO pay on the laws of supply and demand. The actual arithmetic tells a completely different story. So let's focus on the real problems -- and real solutions, like the notion of a maximum wage.

The Fake Frugality of the Fabulously Rich

As a society, we simply do not want to believe that our rich may have gained their riches through exploiting others or rigging our economy or just finding themselves in the right place at the right time.

Why Should We Tax the Rich?

The orthodoxy that dominates today’s Republican Party — and the ranks of “business-friendly” Democrats — rests on a simple approach to economic policy. Let’s be nice, this orthodoxy holds, to […]

The Wealthy, the Poor, the Vulnerable

Societies where large numbers of people live in constant danger of falling into poverty, new evidence shows, concetrate more wealth at the top. The deeply unequal United States has four times more economically vulnerable than Japan.

What Is the Price of Love?

Living paycheck to paycheck can strain even the most loving of relationships. But as former billionaire Tim Blixseth learned the hard way, spectacularly large paychecks can doom loving relationships right from the start.

The Free Market Made Us Do It!

A new global CEO pay comparison, the most rigorous and comprehensive yet, demolishes the standard-issue corporate rationale for America’s over-the-top executive compensation.

How to Stop a Tax Plan Rigged for the Rich

Average Americans today are facing an elite hellbent on a tax “reform” that funnels new fortunes to the already fortunate. In 1932, Americans faced the same scenario — and dealt their elite a history-shifting defeat. Could history repeat?

What Is the True Cost of Inequality?

The world has never been richer, says Credit Suisse. Net worth worldwide has jumped a remarkable $16.7 trillion over the past year. So why aren’t people worldwide cheering? That money has benefited only a precious few.

Bargains in the Clouds

The deals that deep pockets can snatch up right now on luxury private jets have never been sweeter. The reality of what that means — for the rest of us — could hardly be more bitter.

Trump’s Mar-a-Lago Philosophy of Government

In 1776, we actually had a sizable number of rich people who challenged the notion that the rich have a natural right to rule. Now we have a president who considers governing to be like Mar-a-Lago, an exclusive enclave for the rich.

How Compassion Becomes Contempt in America

We need to do more than assail the heartless new Trump administration budget. We need to understand its deep roots in our chronic and continuing maldistribution of income and wealth, and the ways we justify this inequality to ourselves.
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