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Economic Inequality

Obama's Middle Class Economics Has to Be About Fairness and Prosperity

Richard Kirsch | Posted 01.22.2015 | Politics
Richard Kirsch

Fairness is a very powerful American value. That's why the most successful Democratic candidates in 2014 made it clear that they were on the side of working families against Wall Street.

In SOTU, President Punts on Income Inequality

Michael Winship | Posted 01.22.2015 | Politics
Michael Winship

With a president too often bold in words but timid in action facing a Congress more Republican and obstructionist than ever, little will get done to fix inequality. Even the Tea Partiers who howled in protest over the bailout of the big banks back in 2008 have been taken to the woodshed by the likes of Karl Rove, and are silent as establishment Republicans complete the return of the GOP as Guardians of the One Percent. For now, don't really expect further taxes on the wealthy that could help those at the bottom. (And did you hear much discussion of America's poor people at the State of the Union?) Funny how trickle-down economics, a concept beloved by the GOP and its plutocratic allies, as well as by corporate Democrats, become an abomination when the galoshes are on the other foot and favor the less well off. Suddenly, trickle-down becomes all wet.

Will the Supreme Court Demolish an Iconic Civil Rights Law?

Dennis D. Parker | Posted 01.21.2015 | Politics
Dennis D. Parker

We began this week by celebrating the 85th anniversary of Martin Luther King Jr.'s birth, but today the U.S. Supreme Court will hear arguments in an important case that could knock down a crucial racial and economic pillar of justice built during the civil rights movement.

People of Faith Have Reason to Support President's State of the Union Proposals

Rev. Chuck Currie | Posted 01.20.2015 | Religion
Rev. Chuck Currie

Tonight after watching President Obama's State of the Union Address and speaking today with White House officials about the proposals the president is making, I can report without hesitation that the president has put forward a domestic agenda people of faith concerned about families, poverty and education can support.

Davos Man Sitting on a Volcano Fuelled by Inequality

Philip Jennings | Posted 01.21.2015 | Politics
Philip Jennings

The evidence is irrefutable that the jobs crisis will continue to deepen as inequality rises. We are living in a world transformed by the insatiable greed of the 1% and the failure of governments to act on the concerns of people.

J'aime Paris et l'Europe

Brent Budowsky | Posted 01.16.2015 | World
Brent Budowsky

As many around the world said to Americans in September 2001, we say to the men and women throughout Paris, France and Europe today: You are not alone. Our unity will ultimately triumph, and our cause will ultimately prevail.

Global Leaders, Over 1,000 Charities Declare 2015 The Year To Focus On Poverty Eradication

The Huffington Post | Robbie Couch | Posted 01.15.2015 | Impact

For the first time in history, eradicating extreme poverty around the world is on the horizon, according to one campaign for progress -- and 2015 is a...

5 Peaceful Ways to Protest Police Brutality in 2015 and Beyond

Ama Yawson | Posted 01.14.2015 | Black Voices
Ama Yawson

For many of us, 2014 was an emotionally devastating year because of the seemingly continuous news stories of unarmed citizens falling victim to lethal police brutality. Many of us protested in 2014 and yet have not yet seen the change that wanted. So what are we going to do about it?

Van Hollen Tax Proposal an Economic and Political Home Run

Richard Kirsch | Posted 01.12.2015 | Politics
Richard Kirsch

Van Hollen puts the focus squarely on the corporate behavior that has driven down wages and crushed middle-class aspirations. His proposal would boost worker income, which drives the economy forward. When Republicans oppose this, the choice will again be clear to Americans: CEO millionaires or working families.

Social Justice Quiz 2015: Inequality

Bill Quigley | Posted 01.12.2015 | Politics
Bill Quigley

In 1990, 20 percent of all children in the US lived in poverty. What percent of the children in the US live in poverty today?

Campfires of Hope

Jim Wallis | Posted 12.23.2014 | Religion
Jim Wallis

Hope is not a feeling. It is a decision -- a choice you make based on what we call faith or moral conscience, whatever most deeply motivates you.

A Holiday Wish for Inclusive Financial Institutions

Terri Friedline, PhD | Posted 12.18.2014 | Money
Terri Friedline, PhD

Our mainstream financial institutions are positioned to play a critical role in providing financial inclusion to young Americans and, by extension, expanding their wealth and the wealth of future generations. The question remains: will they collectively rise to the occasion?

Pope Francis Challenges World On Exploitation And Slavery

Reuters | Philip Pullella | Posted 12.10.2014 | Religion

VATICAN CITY (Reuters) - Pope Francis called for a global mobilization to combat human trafficking and slavery on Wednesday, appealing to consumers to...

What Ferguson Says About America

Dave Pruett | Posted 12.07.2014 | Politics
Dave Pruett

One might think that, by turning Martin Luther King, Jr., into a cultural icon and electing a black president, America has bid farewell to its racist past. Recent events in Ferguson, MO, New York, and Phoenix, however, blow holes in that fantasy.

5 Ways to Lessen Inequality as Demand for Labor Decreases Worldwide

Aashish Mehta | Posted 12.07.2014 | World
Aashish Mehta

As automation replaces jobs, we may need a guaranteed minimum income for all people, regardless of employment status.

The Life and Times of Michael B

John Feffer | Posted 12.04.2014 | Politics
John Feffer

If the term "apartheid" shames the establishment into acting -- and prompts pundits to utter the word "race" when discussing inequality -- then by all means let's use the unflattering comparison. It's a fitting way of bearing witness to the life and times of Michael B and everyone else who has suffered under this abhorrent system.

Scrooge Politics: Why Low-Income Workers Must Work and Shop On Thanksgiving

C. Nicole Mason | Posted 01.25.2015 | Politics
C. Nicole Mason

For salaried workers and for most two-income households, working on Thanksgiving or Christmas is the exception, not the rule. However, for minimum wage workers and those without job security, staying home is simply not an option.

Our American Quandary: Inequality, Inadequacy and Instability

Frank Islam | Posted 01.23.2015 | Politics
Frank Islam

The lack of civic engagement and participation cedes the power to the few. The few can legislate and elect legislators whose positions are not necessarily consonant with the will or desires of the majority. In essence, it devolves the political system to one of minority rule.

Revealed: Rising Inequality Kills American Jobs

Lynn Parramore | Posted 01.21.2015 | Business
Lynn Parramore

Barry Z. Cynamon and Steven M. Fazzari are exploring how the massive debt which led to the Great Recession, the spending collapse that followed, and the stagnation that persists are all linked to income inequality. In this interview, they discuss what their findings mean for America.

A Dem Who Can Explain That Fairness Is Prosperity Will Sweep in 2016

Richard Kirsch | Posted 01.19.2015 | Politics
Richard Kirsch

The Democrat who champions bold policies to build an America that works for all of us, not just the wealthy, and policies that create broadly shared, sustainable prosperity, will triumph in 2016.

The Dark Side of Black Friday

Julie Sokolow | Posted 01.16.2015 | Politics
Julie Sokolow

Despite working full time, it's a struggle for Tristean to afford the basics such as rent, electric, and groceries. While past Walmart CEOs have made the equivalent of $16,826.92 an hour, Tristean only makes $8.60.

The Tradeoffs of Tax Dodging

Raymond C. Offenheiser | Posted 01.14.2015 | Impact
Raymond C. Offenheiser

To fund essential services and tackle global inequality, we must ensure that companies pay their fair share of taxes. A first step is to compel corporations to publicly report where they earn their profits and where they pay taxes -- so-called country-by-country reporting.

Why Democrats Lost Big in the 2014 Midterm Elections

Timothy J. Barnett | Posted 01.10.2015 | Politics
Timothy J. Barnett

Elections are moving targets. Nonetheless, absent dramatic irregularities in the election context, polls focused on high visibility races are usually robust predictive tools. Obviously, this was not the case in this year's midterm elections.

Getting Real About Extreme Inequality

Paul O'Brien | Posted 01.05.2015 | Impact
Paul O'Brien

We want to build a global conversation around ending extreme inequality, and folks are already engaging. Here are some good questions I've heard since our launch, and my take.

The Global Economy Is Flying on One Engine -- But There Is Turbulence Ahead

Nouriel Roubini | Posted 01.03.2015 | World
Nouriel Roubini

If the Republican Party takes full control of the U.S. Congress in the midterm election, policy gridlock is likely to worsen, risking a rerun of the damaging fiscal battles that led last year to a government shutdown and almost to a technical debt default. More broadly, the gridlock will prevent the passage of important structural reforms that the U.S. needs to boost growth.