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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.
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.
Walk around a Target store, and you can see why consumerism is the new opiate of the masses. There's so much stuff to buy and it's so damn cheap. I once bought a full dining ware set at Target for $9.99.
Data in today's New York Times shows just how shockingly far prices have fallen for various consumer goods. The cost of a TV is down by over 100 percentage points in the past nine years, adjusted for inflation.
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.