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Plutocracy

What's Taking Over America

Andy Schmookler | Posted 07.27.2015 | Politics
Andy Schmookler

If America is to be ruled by whoever commands the most money, it will be the corporate system, far more than individual billionaires, that calls the shots.

The Bull Moose Is Back: America's Rising Revolution Against The Super Rich, Ruling Elites

Dr. John C. Welch IV, M.T.S., M.B.A. | Posted 07.21.2015 | Politics
Dr. John C. Welch IV, M.T.S., M.B.A.

The middle class no longer has a voice. We now have zero influence on our own government.8 For the middle and working classes, we're back to where this nation started: Taxation without representation.

Next Big One: Repatriation Tax Holiday Giveaway to Corporations

Dave Johnson | Posted 07.14.2015 | Business
Dave Johnson

What is really going on is the game is being rigged. Corporations get huge tax breaks and subsidies, a few billionaires and plutocrats get the cash, and We the People, the 99 percent, have to make up the difference.

Now We Build a Fair Trade Movement

Dave Johnson | Posted 06.29.2015 | Business
Dave Johnson

Fast track trade authority passed last week. So many of us fought so hard but The money won again -- this time. What do we do now? We take this awareness and energy into the fight against the Trans-Pacific Partnership (TPP).

Trans-Pacific Partnership: Obama Sides With the Wrong People for the Wrong Reasons at the Wrong Time

Joseph A. Palermo | Posted 06.25.2015 | Politics
Joseph A. Palermo

President Obama not only expended his own "political capital" by pushing for fast-track but that of the Democratic Party too. He had a clear choice: either side with workers, environmentalists, consumers, and progressives -- or side with Wall Street, Big Pharma, Wal-Mart, and the Koch Brothers.

Both Parties Are Owned by Wall Street

Jon Wisman | Posted 06.11.2015 | Politics
Jon Wisman

The result of the political system being hijacked by the economic elite has been near unanimous support for pro-wealthy, pro-business policies, like TPP. As the rich use these policies to become richer and more politically powerful, our democracy is being replaced by plutocracy.

Will TPP Kill the Post Office?

Dave Johnson | Posted 06.05.2015 | Business
Dave Johnson

Will TPP enable the privatizers to declare things like our beloved U.S. Postal Service, schools and roads to be "commercial activity" that competes with private companies? How about our parks, libraries, public pensions and other public services?

Bernie's Movement, Hillary's Challenge

Andy Schmookler | Posted 06.05.2015 | Politics
Andy Schmookler

The newspeople have noticed that Bernie Sanders is attracting crowds bigger and more enthusiastic than they'd have predicted. What's happening here, they've wondered?

Fast Track Hits House Next Week; Clinton Must Speak Up

Dave Johnson | Posted 05.28.2015 | Politics
Dave Johnson

People are impatient for a real champion. This is not a time to be safe, sit back, read polls, and wait out controversy. The economy simply is not working for most of us, and people know it. People see that the game is rigged and want proposals for transformative change.

The Challenge of Journalism Is to Survive in the Pressure Cooker of Plutocracy

Bill Moyers | Posted 05.28.2015 | Media
Bill Moyers

But we need more than money to sustain independent journalism. We need laws to ensure that reporters can protect their sources. We need to hound government at every level to respond to public records requests.

IL Governor Rauner's Pal Made $625,000 Per Hour Last Year and Then Gave $10 Million to Rauner Campaign to Attack Unions and Cut Worker Pay

Robert Creamer | Posted 05.07.2015 | Politics
Robert Creamer

The New York Times reported yesterday that Illinois Governor Bruce Rauner's chief political backer, Ken Griffin, made $1.3 billion last year as manager of the hedge fund Citadel Capital. Griffin made as much personally as 26,000 average Americans making the median wage.

Paul Blumenthal

John Roberts Basically Thinks It's OK When Politicians Just Do What Wealthy Donors Say

HuffingtonPost.com | Paul Blumenthal | Posted 05.01.2015 | Politics

WASHINGTON -- When it comes to campaign finance law, Chief Justice John Roberts taketh away even as he giveth. On Wednesday, the Supreme Court uphe...

Money, Money, Money

Gerry Myers | Posted 06.28.2015 | Politics
Gerry Myers

There is an old saying, "Money is the root of all evil." While money may not cause evil in all circumstances, it certainly can sway some people toward the path of corruption and bad behavior.

A Letter of Apology to My Grandson

Tom Engelhardt | Posted 06.23.2015 | Politics
Tom Engelhardt

Stretch anything far enough and it'll begin to tear, fragment, break apart. That, I suspect, may be a reasonable summary of what's been happening in our twenty-first-century world. Under stress, things are beginning to crack open.

Plutocracy the First Time Around

Steve Fraser | Posted 06.02.2015 | Politics
Steve Fraser

Even before the grand denouement of the Great Depression and New Deal arrived, an answer to the labor question was surfacing, one that would put an end to the long era of anti-capitalism.

Awakening the 'We the People' Within

Annabel Park | Posted 03.18.2015 | Politics
Annabel Park

What would happen if all of us critically examined our basic story of America and see if those stories cause us to make assumptions about people in our lives? What would happen if people could meet each other and see unique individuals with unique stories rather than characters in a pre-existing, pre-scripted story?

What is America? A Republic? A Democracy? An Oligarchy? A Plutocracy? A Theocracy?

Gerry Myers | Posted 03.08.2015 | Politics
Gerry Myers

The Electoral College, gerrymandering, photo IDs and other voter suppression tactics are just some of the practices that keep America from being a democracy.

CNBC's Jim Cramer: Make Money, Don't Moralize

Timothy J. Barnett | Posted 02.21.2015 | Politics
Timothy J. Barnett

Once a nation turns its back on a resolute determination to cultivate moral deservedness, political and financial superintendency passes to those who gain power illegitimately--a fact described eloquently by President Theodore Roosevelt.

Is the Democratic Party Relevant Anymore?

Dave Johnson | Posted 01.31.2015 | Politics
Dave Johnson

Many Democrats examining what happened in the 2014 midterms are asking, "What did the voters want?" But the right question is why only 36.4 percent of potential voters bothered to register and vote? Obviously Democrats did not give those voters a good enough reason to take the trouble. Is the Democratic Party relevant anymore?

The Long, Dark Shadows of Plutocracy

Bill Moyers | Posted 01.31.2015 | Politics
Bill Moyers

This week I point to the changing skyline of Manhattan as the physical embodiment of how money and power impact the lives and neighborhoods of everyday people.

What's Wrong With the Constitution?

Steven Shiffrin | Posted 01.25.2015 | Politics
Steven Shiffrin

If Alexander Hamilton were here, he would tell us that this is the way it should be. The Constitution is designed to prevent the people from having their way. It is a fundamentally undemocratic document designed to prevent change.

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.

Shame On Us! (Giving Still More Power to Such a Party)

Andy Schmookler | Posted 01.05.2015 | Politics
Andy Schmookler

Shame on us, the American People. Giving more power to a Republican Party that has has been blatantly indifferent to the good of the nation. Never i...

Do Minimum Wage Increases Benefit the Middle Class?

Timothy J. Barnett | Posted 12.13.2014 | Business
Timothy J. Barnett

This is not to argue against minimum wage increases as much as to argue that this remedy must not be substituted for reforms at deeper levels.

Why You Shouldn't Be 'Optimistic' About Corporate 'Tax Reform'

Dave Johnson | Posted 12.03.2014 | Business
Dave Johnson

"Reform" is lobbyist-speak for opening up the floodgates, hanging the flags out, lighting the savings accounts on fire, letting dozens of blackbirds fly out of the pie, letting the horses out of the barn and generally fleecing the citizenry.