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Here’s another example of how money corrupts the electoral system: a pro-business special interest group has spent almost $7 million on New York City Council races.

Seniors are getting squeezed in so many ways. Healthcare and other basic expenses are rising. Fewer have pensions to supplement their Social Security income in retirement. Low interest rates mean what savings they do have isn’t growing quickly — unless they are willing to invest in higher-risk

The American middle class has been in trouble for decades, but this was not obvious until the recession of 2008 because consumer purchases held up. How was that possible? The simple answer is that financiers devised ways to loan money that severed the link between profits and middle-class wellbeing.

Paying workers more would lead to lower profits and layoffs for America's biggest corporations, right? Not necessarily. Critics of a minimum wage hike cite a commonly held belief that forcing low-paying employers such as Wal-Mart to boost compensation would lead to greater economic suffering. Higher

It's no secret that the employment data released monthly by the Bureau of Labor Statistics is basically a joke because BLS wildly undercounts the number of people who have given up looking for work or otherwise faded from the full-time labor force.

Are people better off than they were before the recession?

Walmart employees and their supporters have planned national protests today to demand an increase of their wages. Here is why the average American should support the workers’ demands.

Most research on rising economic inequality focuses on growing wage gaps between different groups of workers. But of course that is only part of the story. Just as important is the division of the national economic pie between profits going to capitalists and the “labor share” that includes all of

We famously live an age of capital, where those who own businesses or other assets are prospering, while most people who rely on the value of their labor are doing terribly.

President Barack Obama wants workers to make more money. Walmart and other low-wage employers also want to make more money. They could both get what they want if the federal minimum wage goes up.