The rich recover and get even richer
Income inequality is no longer decreasing, says Derek Thompson in The Atlantic. “The 1% absorbed half of total income losses between 2007 and 2009; but in the first year of recovery the top percentile...
View ArticleAmerica needs a wealth surtax
“The 400 richest Americans have more wealth than the bottom 150 million Americans put together,” says Robert Reich in The Huffington Post. “A surtax on the super-rich is fair, and it’s necessary,” he...
View ArticleGated communities reinforce division
Residents of gated communities champion a bunker mentality based on an exaggerated fear of crime, says Rich Benjamin in the New York Times. Such communities attract conservative, like-minded residents...
View ArticleThey want their cake and eat it too
America educates those who go on to build billion dollar companies, says Froma Harrop in the Seattle Times. The government guards their corporate facilities, their intellectual property and their...
View ArticleFacebook IPO not good for everyone
Facebook’s success illustrates “troubling problems with the U.S. economy that threaten core American values,” says David Callahan in Huffington Post. From insider advantages to wealth inequality, “not...
View ArticleReturning to the Robber Baron era
We are returning to the days of the Gilded Age, says Erik Loomis in Alternet. Like then, income inequality continues to grow unabated, unions are under siege, corporate money buys elections and...
View ArticleThe rich: This is how you secede
Even as the country’s wealthiest have a greater hold on the helm of our democracy than ever before, something quite remarkable has happened, says Mike Lofgren in American Conservative. The rich, he...
View ArticleDivide in wealth, class, a huge threat
“While both presidential candidates are quick to accuse the other of stooping to class warfare, neither will admit how class-ridden America has become. It’s ironic because this widening class divide...
View ArticleProtecting wealth can imperil the rich
Those at the top are often “tempted to pull up the ladder” that got them there, says Chrystia Freeland in The New York Times. But by pursuing policies that favor the wealthy, the upper class risks...
View ArticleIf you’re rich, it’s because you’re lucky
Whether you live in America or in a foreign country, the wealth and education level of your parents and the quality of your social networks influence your income level more than hard work and effort,...
View ArticleHouse arrest, in Llenroc
Our opinion: A woman convicted of harboring an illegal immigrant is confined to the very mansion where that crime occurred. What are people of more modest means to think? U.S. District Court Judge Gary...
View ArticleScapegoating the rich won’t help the poor
Blaming economic inequality for many of society’s problems scapegoats the rich and creates the falsehood that punishing the wealthy “will miraculously uplift the poor” when “economic inequality is...
View ArticleDon’t equate class privilege with character
The reprimand “check your privilege” dismisses what a person has to say because he comes from a place of privilege, says Tal Fortgang in the Princeton Tory. While I don’t accuse “those who check me and...
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