Category Archives: Social values

Michael Hudson: Celebrating the One Percent – Is Inequality Really Good for the Economy?

The backlash has begun. Prominent economists are upping their game in trying to depict the gains of the One Percent as virtuous and beneficial.


Happiness Inequality and the Importance of Trust

Discussions about inequality tend to focus on the distribution of income and wealth. This column argues for a shift in focus towards another source of inequality – subjective wellbeing. Wellbeing inequality has grown significantly for the world as a whole and in eight of the ten global regions. One way to address this inequality is to increase social trust.


Military Insiders and War Profiteers Will Be Reviewing Private Prisons for Homeland Security

Jerri-Lynn here. The Department of Justice received considerable plaudits in August when it announced a decision not to renew contracts with private prison companies. At the time, a Marshall Project analysis made it clear that significance of that decision was overstated, as it only affected about 15% of inmates held in private prisons. The Department […]