How Much Money Does the 1% Have Hidden in Tax Havens?
UC Berkeley professor Gabriel Zucman is doing pathbreaking work on tax havens. HIs estimates of how much the rich hide in them are eye-popping.
Read more...Category Archives: Income disparity
Michael Perelman: The Essential Handbook for Engineering an Unequal Society
While the thrust of Perelman’s post is no doubt familiar to readers, take note of how simple and few in number are the essential principles for creating a highly unequal society, and how easy it is to describe them them in antiseptic language.
Read more...Sanders Debate “Results” as Case Study of the Modern Versailles Hall of Mirrors
Bernie Sanders by all objective measures “won” the first Democratic party debate. Yet pundits almost universally said the reverse. What does that tell us about the state of American politics?
Read more...Payday Lenders Pay Off the System So They Can Keep Ripping Off Borrowers
Paying a visit to payday lenders at one of their conferences.
Read more...U.S. Climate Goals: A Reckoning
The current US lifestyle needs to go if the world is to succeed in limiting climate change.
Read more...Clinton Outdoes Tsipras in Kolotoumbas with Her Reversals on TPP, Bank Regulations
The big problem with Hillary is it is hard to believe she stands for anything other than her desire to exercise power. Her latest bout of opportunism only reinforces that notion.
Read more...Right-Wing Urban Outfitters Now Asking Employees to Work for Free
Gawker caught out Urban Outfitters attempting to violate labor laws.
Read more...Zeitgeist Watch: Wall Street Suicides and the Fear of Falling
Some ruminations about what bankers suicides say about Wall Street.
Read more...Richard Richard Wolff on Jobs Now, and David Cay Johnson and Jobs Then
By Lambert Strether of Corrente. Typically, when we post a video, we post only one. But I felt these two posts were more powerful combined than separately. First, Richard Richard Wolff, in 38% of American Workforce Still Jobless. Wolff is a Professor of Economics Emeritus at the University of Massachusetts, Amherst, and currently a Visiting […]
Read more...Nomi Prins: Trump’s Art of the Con – Busted Businesses and Conflicts of Interest
Pieces missing from Trump’s financial story that call into question both his skill as a dealmaker and his business acumen.
Read more...Gaius Publius: What Sanders Can Accomplish by Not Acting
Bernie Sanders, if elected President, could accomplish an enormous amount without Congress.
Read more...Gaius Publius: What’s Called “Capitalism” Is Far from Any Model of Capitalism or Market
Tony Benn and Noam Chomsky take a hard look at what passes for capitalism.
Read more...1.5 Million American Families Live on $2 a Day — How the Poorest Get By
An interview with authors of a new book investigating the condition of the poorest in America.
Read more...A Progressive Pope or Greenwashing the Vatican?
Chris Hedges discusses whether the rhetoric coming from Pope Francis helps progressive forces in the world.
Read more...Tony Benn’s Ten Minute History of Neoliberalism
A must-watch speech by the great British socialist Tony Benn.
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