Our new economic era is characterized by the supremacy of financial capital which vacuums up the productive wealth of the nation, and then uses the nation's wealth as an insurance policy to pay for its inevitable losses.
The Occupy movement isn't dead. It lives on in the political will of the American people. They want a president and a party that will represent the 99 percent, not the 1 percent who write campaign checks and give them cushy post-government jobs.
Even after pointing out how Occupy fell short and how a little agreed-upon focus might have prolonged the movement and allowed it to grow strong, Occupy did succeed spectacularly at their basic goal: changing the American conversation about the economy.
To continue the discussion about the future of news from my recent column "Citizen Bezos": Al Jazeera America is now on air with promises to offer in-...
During a period when the economy doubled in size, the total income earned by 90 percent of Americans didn't increase by a single penny. All the gains went to the richest 10 percent.
On a planet rapidly coming online through mobile technologies, there's an urgent need to develop financial empowerment. Today, leaders from the emerging payment and virtual currency industry announced a Committee for the Establishment of the Digital Asset Transfer Authority.
The collapse of economic growth over the past year has left Brazilian workers struggling to pay their bills -- not just for bus fare but for housing, schools, health care and basic security -- as investors calmly shift assets to more profitable markets abroad.
There's no excuse for America to continue on the road of inequality. Plenty of other countries have managed to grow quickly without drastic inequality. Inequality is bad for democracy, health, safety, social cohesion and social mobility. Let's not let anyone sugarcoat it.
In the latest recovery, 93 percent of the gains went to the top 1 percent. How long will it take before the 99 percent realize they're getting shafted? When will American workers revolt?
The reader may wonder whether Roger Myerson is making an effort at irony. No. Our family rule that it is impossible to compete with unintentional self-parody is once again vindicated.
Shareholder season is upon us, marking the beginning of another round of corporate America's dog-and-pony shows held to placate their cronies and pat each other on the back for another profitable year.
For many Americans April 15 is a reminder that those crafting tax laws in Washington seem to be in a different world. Yet we create some of our most important social policy through the tax code.
You don't have to have an offshore account to reduce your taxes! There are plenty of legal loopholes that you are probably not taking advantage of.
6. Do not send job requests in an email with multiple cc's at various companies. Court your contacts. Make them feel special. No one wants to see that you want any old job. We'd like to feel that you want a job from us or with our companies.
In his State of the Union Address, the president said that a person holding down a full-time job should not have to live in poverty in a country like America. I could not agree more; for the last few months I've lived like the people he referred to, and it is not a pretty picture.
In an America that is becoming more unequal every day, addressing economic inequality requires political will, the moral strength to right a wrong. On February 12th, when the president gives his State of the Union address, he'll have an opportunity to target inequality.