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Will ISIS Trump Sanders Populism? 10 Economic Facts that Won't Go Away

Les Leopold | Posted 11.20.2015 | Politics
Les Leopold

Our previous national focus on economic inequality is being drowned out, at least temporarily, by incessant calls for boots on the ground, no-fly zones, embargoing Syrian refugees and demands for increased surveillance -- the stuff of which the right thrives upon. Will the Sanders campaign also become a casualty of the ISIS assaults?

Social Security's 2016 COLA Is Zero. Senator Warren Has a Plan to Fix That.

Nancy Altman | Posted 11.06.2015 | Politics
Nancy Altman

By closing the "performance pay" loophole, Senator Warren's proposal would end a giveaway to the wealthiest in order to provide an extremely well-justified payment to tens of millions who have seen the value of their benefits slowly deteriorate for years.

Wage Theft Comes to America: The Facts That Drive the Sanders Revolt

Les Leopold | Posted 10.27.2015 | Politics
Les Leopold

Employers and their Wall Street backers have developed sophisticated legal ways to remove dollars that should be in our paychecks. And not just a few dollars, but about half of what we've earned. To explose this hidden larceny, we need to understand the concept of productivity and how we measure it in our economy.

Why One of the Richest Countries on Earth Is So Poor: The Facts that Drive the Sanders Revolt

Les Leopold | Posted 10.16.2015 | Politics
Les Leopold

The United States is among the richest countries in all of history. But if you're not a corporate or political elite, you'd never know it.

Former Volkswagen CEO Could Get A $67 Million Exit

The Huffington Post | Ryan Grenoble | Posted 09.29.2015 | Business

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How the Rich Got Even Richer

Jon Wisman | Posted 09.23.2015 | Politics
Jon Wisman

Skyrocketing CEO pay has been much in the news for some time. Sky-high paychecks are identified as one of the principal causes of the explosion in inequality over the past 40 years.

The Dark Side of Inequality

Frederic Colier | Posted 09.21.2015 | Politics
Frederic Colier

Strange scents are wafting through the air. Scents one would have thought had drifted away for good. The wind of words like Marxism, Capitalism, and Socialism have returned, anchoring here and there the distant flashbacks of troubled times.

Donald Trump -- Yes, Donald Trump -- Says High CEO Pay Is 'Disgraceful'

Reuters | Igor Bobic | Posted 09.14.2015 | Entertainment

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Ten Troubling Labor Day Stats 2015

Bill Quigley | Posted 09.06.2015 | Politics
Bill Quigley

This widely reported "official" number overlooks the millions of people unemployed for more than a year, nor does it count those who are working part-time and looking for full-time work. The Department of Labor monthly report which includes people working part-time and looking for full-time work shows the real rate of unemployment.

Here's How Outrageous The Pay Gap Between CEOs And Workers Is

The Huffington Post | Jenny Che | Posted 08.27.2015 | Business

If you thought CEOs were earning way too much while the bulk of their companies' employees got left behind -- well, you weren't wrong. The pay gap bet...

Why Even Women At The Very Top Can't Get Equal Pay

The Huffington Post | Shane Ferro | Posted 08.26.2015 | Business

Happy Women's Equality Day!  There's no better day to remember that women in America are still far from equal at work -- even at the very top.&n...

Why You Can't Count On A Raise Anymore

The Huffington Post | Emily Peck | Posted 08.26.2015 | Business

When it comes to salary, your employer no longer wants to marry you. He's more looking to date and see how it goes. Right now, it's going pretty well....

Is the SEC Against Income Inequality -- or for It?

Judith Samuelson | Posted 08.11.2015 | Business
Judith Samuelson

Let's not pop the Prosecco just yet. Another SEC rule being debated now would effectively endorse the root cause of excessive CEO pay -- the practice of paying CEOs based on the company's stock price.

The Outrageous Ascent of CEO Pay

Robert Reich | Posted 08.09.2015 | Business
Robert Reich

The SEC's disclosure rule isn't perfect. Some corporations could try to game it by contracting out their low-wage jobs. Some industries pay their typical workers higher wages than other industries. But the rule marks an important start.

Friday Talking Points -- GOP Debates, Round One

Chris Weigant | Posted 08.17.2015 | Entertainment
Chris Weigant

Well, that was entertaining, wasn't it? We refer, of course, to the grand spectacle of the first Republican presidential debates, held last night on Fox News. Since this is all anyone's talking about in the political world today, we are going to follow suit and devote most of this column to our reactions.

Defending the Bullies

Bartlett Naylor | Posted 08.11.2015 | Business
Bartlett Naylor

Public Citizen and allies will focus on the needed rules. We shall reload from the thesaurus with sharp words, biting sarcasm, and crushing calumny to continue our bullying ways. That is, unless Wall Street wants to give up and accept reform meant to stop its bullying of the American people.

SEC Finally Approves Rule On CEO Pay

The Huffington Post | Zach Carter | Posted 08.05.2015 | Politics

WASHINGTON -- The Securities and Exchange Commission on Wednesday approved a rule requiring companies to the reveal the discrepancy between what thei...

Money Cannot Be The God of Life: How CEO Pay Drives Inequality

Heather Gautney | Posted 07.22.2015 | Politics
Heather Gautney

Lawmakers have failed to keep the wage apace with inflation so that its value is now less than it was five decades ago.

Daniel Marans

Study: Top CEOs Earn 300 Times As Much As Average Workers | Daniel Marans | Posted 06.22.2015 | Politics

CEOs at top U.S. companies earned more than 300 times what average workers did in 2014, a new study revealed on Monday. According to the report by ...

New Walmart Ads: An Exercise In Lip Service

Richard Zombeck | Posted 06.16.2015 | Business
Richard Zombeck

Have you seen the new Walmart commercials? They're fabulous. They're heartwarming. They bring back any faith in humanity you may have lost. Actually, they're a spectacular exercise in disingenuous, masturbatory fiction.

Is It Time To Extend The Say On Pay To The Employees?

Judith Samuelson | Posted 06.15.2015 | Business
Judith Samuelson

We need a fresh look at the whole concept of "Pay for Performance." But maybe the problem isn't with the basic concept of Say on Pay -- it's that the wrong group is asked to weigh in.

Venture Capitalists Rule the World

John Feffer | Posted 06.04.2015 | Politics
John Feffer

Venture capitalism has a disproportionate impact on the economy. It helps to ensure that technological innovation enriches the few and sustains jobless economic growth. Industrial policy in the hands of the government ideally creates wealth and spreads it around. Venture capitalists pick a handful of winners as part of a process of concentrating wealth in fewer and fewer hands.

Zach Carter

Here's Why Elizabeth Warren Is So Mad At The SEC | Zach Carter | Posted 06.04.2015 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) stunned Wall Street this week with a scathing letter to Securities and Exchange Commission Chair Mary Jo...

Mary Jo Wait

Bartlett Naylor | Posted 06.02.2015 | Business
Bartlett Naylor

In the age of Big Data, corporate America knows a lot about us--our buying habits, where we travel, even our mental health. But ask Corporate America a simple junior high-level question in long division related to CEO compensation and some of these companies freeze like awkward teens at the sock hop.

Zach Carter

Elizabeth Warren Has Had It With The SEC's Aid To Wall Street Lawbreakers | Zach Carter | Posted 06.02.2015 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) sent a letter to Securities and Exchange Commission Chair Mary Jo White on Tuesday, criticizing White's ...