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Thomas Piketty’s wildly popular new book, “Capital in the 21st Century,” has been subject to more thinkpieces than the final episode of “Breaking Bad.” Progressives are celebrating the book — a
If you hang around the inequality debate long enough, wading through the many smart proposals to reduce the income gap, it all starts to seem kind of doable. We could make a real dent in inequality through a bunch of steps ranging from raising the minimum wage to more heavily taxing capitals gains to whacking tax subsidies to affluent Americans to making it easier to form unions to downsizing Wall Street's role in the economy to reducing the role of money in politics and so on.
During an appearance on the resurrected Arsenio Hall Show last month, Kid Cudi responded in typical fashion to one of those frequently regurgitated questions about saving the “perilous state of hip-hop:”
I think the braggadocio, money, cash, hoes thing needs to be deaded.
A grand canyon of inequality exists between fast food CEOs and the workers who make their corporate and personal fortunes. In the past decade, fast-food CEOs’ wages have increased more than 400 percent, while workers wages increased 0.3 percent, according to a new report by Demos.
On a crisp and sunny morning on the day after Thanksgiving, a group of protesters gathered in front of a large Walmart in Michigan’s Sterling Heights, calling for wage increases and better working conditions for the superstore's employees. Mary Johnson, a retiree and member of international activist group the Raging Grannies, stood next to Dan Lombardo, a plumber wearing old-fashioned overalls, who was carrying a sign stating “Walmart equals poverty.” Mothering Justice founder Danielle Atkinson, in a vibrant purple coat, turned up with her entire family.
In his testimony at the Senate’s “Dollars and Sense” hearing on dark money and the impact of McCutcheon v FEC, Justice Stevens made several clear and important points about the “giant step in the wrong direction” the Supreme Court has taken on money in politics.