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Does the United States Have a ‘Strong’ Economy?

Long-time Republican Party political strategists are having fits. If only we could get average Americans to focus in on the economy instead of The Donald, they’re telling all comers, the GOP would do just fine in the upcoming November midterm elections. Those...

How to Recognize a Plutocracy: The Dead Giveaway

How can we tell when a democracy, or rule by the people, evolves into a plutocracy, the reign of the rich? Easy. We have a democracy when a political system can and does make a good-faith effort to address the problems average people face. In a plutocracy, on the...

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

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 Electric. Welch took home $75 million that year. What explained the...

A Sweet New Century for America’s Most Privileged

The United States ended the 20th century on a roll — for the rich. Between 1973 and 2000, the nation’s most prosperous 1 percent tripled their incomes, after taking inflation into account. The even more prosperous top tenth of that 1 percent did quite a bit better....

How ‘Janus’ Will Boost Income Inequality in America

The U.S. Supreme Court’s decision against workers in the Janus vs. AFSCME case surprised no one who pays attention to America’s highest judicial panel. Every analyst following the case expected the Supremes to rule against America’s public sector unions. And that’s...

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