by Sam Pizzigati | Sep 1, 2013 | Blog
Over the last 20 years, the annual lists of America’s highest-paid chief execs — our corporate ‘best and brightest’ — have included an amazingly high concentration of outright frauds and flops. On Wall Street, they’re giving Microsoft CEO Steve Ballmer the bum’s rush....
by Sam Pizzigati | Aug 25, 2013 | Blog
Back in Al Capone’s day, Prohibition helped give rise to a rash of epic crime-boss fortunes. In our day, deregulation has spawned on Wall Street an entire new generation of fabulously rich racketeers. What crimes did Al Capone, the notorious 1920s crime boss, have his...
by Sam Pizzigati | Aug 21, 2013 | Blog
Fifty years ago, average Americans lived in a society that had been growing — and had become — much more equal. In 1963, of every $100 in personal income, less than $10 went to the nation’s richest 1 percent. Americans today live in a land much more unequal. The...
by Sam Pizzigati | Aug 19, 2013 | Current Issues, Economy, Health
Let’s talk life expectancy. The stats first. They tell a shocking story: Americans now live shorter lives than men and women in most of the rest of the developed world. And that gap is growing. Back in 1990, shouts a new study just published in the Journal of the...
by Sam Pizzigati | Aug 12, 2013 | Blog
A rather ruthless billionaire has grabbed one of the world's great newspapers. But you don't have to be a high-tech plutocrat, the paper's previous regime has demonstrated, to help make our world more unequal. Jeff Bezos, the bezillionaire Amazon CEO, has bought the...