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My Workers Are Better Than Your Workers

Leo W. Gerard | Posted 08.02.2014 | Business
Leo W. Gerard

The U.S. Chamber of Commerce threw a little hissy fit last week, stomping its Gucci-shod feet over a new rule requiring corporations to report the difference in pay between their median workers and their CEOs.

Thomas Piketty's Response To The Financial Times

Thomas Piketty | Posted 07.29.2014 | Business
Thomas Piketty

The main message coming from my book, Capital in the Twenty-first Century, is not that there should always be a deterministic trend toward ever rising inequality; it's that we need more democratic transparency about wealth dynamics.

The Current Economy: Green Shoots or Brown Ones?

Jared Bernstein | Posted 07.29.2014 | Politics
Jared Bernstein

I was listening to an interview with Tim Geithner this weekend, and after going through his new book, they asked him where he thought the economy was headed. "I don't believe forecasts," he said, which sounded smart to me.

The Case for Underrepresented Students at Predominately White Institutions

Ernest Owens | Posted 07.27.2014 | College
Ernest Owens

I wanted to continue the legacy of brave students of color who proved that we are just as smart and deserving, if not more, than those elite and privileged that for many years dominated these institutions.

Thomas Piketty and Capitalism Beyond the 21st Century

Harlan Green | Posted 07.26.2014 | Business
Harlan Green

Thomas Piketty's Capital in the 21st Century is about more than proving that wealth inequality built up over centuries under so-called free market capitalism, or its social democratic versions in Europe, has to be its natural state.


The Huffington Post | Ed Mazza | Posted 05.27.2014 | Impact

Beyond the anger, beyond the outpouring of grief for the victims and beyond the calls for something to help stop the madness of mass shootings, Friday...

Arguing Taxes, Transfers, and Market Outcomes

Jared Bernstein | Posted 07.22.2014 | Business
Jared Bernstein

Scott Winship is one of a number of analysts who criticize Thomas Piketty's work for focusing largely on market incomes, thus leaving out the impact of taxes and transfer payments. Include those sources, these critics assert, and trends appear considerably more favorable than Piketty's data show.

The Practical Choice: Not American Capitalism or 'Welfare State Socialism' but an Economy That's Working for a Few or Many

Robert Reich | Posted 05.21.2014 | Politics
Robert Reich

For years Americans have assumed that our hard-charging capitalism is better than the soft-hearted version found in Canada and Europe. American capitalism might be a bit crueler but it generates faster growth and higher living standards overall.

Koch Cadre Billionaire Defends Nazi Comments

Nick Surgey | Posted 07.19.2014 | Politics
Nick Surgey

Ken Langone, the big-spending Home Depot Billionaire and ally of Charles and David Koch, clumsily defended his March 2014 comments comparing populist criticism of the 1 percent with the rise of Nazi Germany, in an interview with Capital New York published this week.

The Long Fight for Justice

Howard Steven Friedman | Posted 07.18.2014 | Impact
Howard Steven Friedman

In 2014, we look at many of those past inequalities as unjust, often struggling to understand why these people were denied equal rights for so long. This begs the question, what will future generations view as unjust in our current society?

The New American Dilemma

Jerome Karabel | Posted 07.16.2014 | Politics
Jerome Karabel

Americans face a genuine dilemma. If they are truly committed to equality of opportunity, then they will have to demand vigorous measures to reduce the drastic levels of inequality that now divide the nation.

Fighting Wage Theft in the Fast Food Industry

Eric T. Schneiderman | Posted 05.15.2014 | Business
Eric T. Schneiderman

Minimum-wage workers devastated by the economic crash of 2008 have continued to languish in poverty while the subsequent recovery has sent executive compensation soaring. Nowhere is the disparity starker than in the fast-food industry, which a recent report called the most unequal sector in the U.S. economy.

A Harsh Sentence for Our Communities

Eric Cooper | Posted 07.14.2014 | Black Voices
Eric Cooper

The nation seems to be recognizing a need for change regarding the policies which have resulted in an inordinate number of people of color who are inc...

Progressives Politics After Piketty: Making The Case For Managed Markets

David Coates | Posted 05.13.2014 | Politics
David Coates

A particularly fortunate or gifted individual might break away from the poverty into which he/she was born, but for the mass and generality of us, the reality is that we have to strive endlessly just to stand still.

On Minimum Wage, Follow Seattle's Lead

Keith Mestrich | Posted 07.12.2014 | Impact
Keith Mestrich

Raising the minimum wage won't solve these problems overnight, but making sure workers earn enough to get by is critical to turning the tide and strengthening our economy. And it's something we should advance in our communities today.

Series Explores Life For Black Men In America

The Huffington Post | Jessica Dickerson | Posted 05.12.2014 | Black Voices

It’s been almost a year since George Zimmerman was found not guilty in the murder trial of Trayvon Martin. Still, the discussion it stirred about th...

Mothering Between a Rock and Prison

Zachary Norris | Posted 07.09.2014 | Politics
Zachary Norris

Parenting is hard work, but by increasing the federal minimum wage to $10.10 per hour, Congress would immediately improve the lives of 15 million women, including 4.8 million working mothers.

The Marx Brothers? Pope Francis and Thomas Piketty Both Want to Redistribute Wealth

Rev. Dr. Susan Brooks Thistlethwaite | Posted 07.11.2014 | Religion
Rev. Dr. Susan Brooks Thistlethwaite

What does it mean when the world hears the same message from the Catholic Pontiff and a French economist?

'Inclusive Growth' is Doublespeak. Here Are Three Ways to Really Achieve It

Chandran Nair | Posted 07.08.2014 | World
Chandran Nair

For anyone who cares to look, it will be obvious that the current Western model of economic growth, which has been adopted the world over, depends in no small part on excluding the majority in order to create wealth for a few. This has been the case since the colonial era. The same exclusion that was once practiced by the East India Company is now practiced on Wall Street and its excesses are accepted as part of the system by far too many governments. Developed world politicians, however, are all too happy to "include" others in the world economy by outsourcing them cheap and dirty jobs or polluting industries.

Brazilians' Spending in the U.S.

Julia E. Sweig | Posted 07.07.2014 | Business
Julia E. Sweig

I guess we are supposed to celebrate this kind of purchasing power -- and love for the Big Apple -- as a sign that Brazil has arrived on the world stage.

Why Every Social Entrepreneur Needs to Read This Book

Hila Mehr | Posted 07.06.2014 | Impact
Hila Mehr

Paulo Freire, author of the seminal 1970 book Pedagogy of the Oppressed, saw the world not as a given reality, but as "a problem to be worked on and solved."

Even Millionaires Think The Rich Should Pay Higher Taxes

CNBC | Robert Frank | Posted 05.06.2014 | Business

CNBC: In the heated debate over inequality, the wealthy are usually portrayed as the cause rather than the solution. But CNBC's first-ever Milli...

Not a Zero-Sum Game: The Case for a Higher Minimum Wage

Jabril Faraj | Posted 07.02.2014 | Business
Jabril Faraj

The share of wealth controlled by the super-rich in the United States has actually increased about five percentage points (from 17 to 23 percent) since 2008. Is this the "free market" at work?

NYC Tech Growth Booming, Education Not Keeping Pace, Signs of Hope

André Corrêa d'Almeida | Posted 07.01.2014 | New York
André Corrêa d'Almeida

New data released by the Census Bureau shows that even though the recession has ended, the city's poverty rate continues to increase, and the gap between the rich and poor is on the rise. Information and communication technology, however, offers signs of hope.

Inclusive Growth: Making it Happen

OECD | Posted 06.18.2014 | Politics

By Gabriela Ramos Inequality has widened, with detrimental effects on our economies and societies. Can inclusive growth work? Yes, though it requir...