Not paying someone what they are owed is akin to stealing out of their pockets. Wage theft is a crime. And this crime disproportionately impacts the most vulnerable members of our society. Enforcing these laws is not only good economic policy, but also simply the right thing to do.
They were summoned and most did come, traipsing over to the 51st floor of the Bank of America Tower in lower Manhattan. Others in distant climes signed on to a secure conference line.
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Economic growth is the most powerful single determinant that has ever entered political and economic language.
What kind of United Nations would we invent if we were designing it from scratch today?
Forcing or pressuring companies to promote women based on anything other than merit is simply a different form of prejudice. There's also no point unless there are substantive changes in company policy and corporate culture.
When President Obama launched the My Brother's Keeper, he recognized that each of us has a role in closing opportunity gaps faced by boys and young men of color. But our changing demographics poses challenges not just to this community, but to our nation's economy as a whole.
Senior banker pay should be deferred in a pool for 10 years and used to pay penalties for violations such as fraud. Currently, penalties are paid by shareholders, who are hardly accomplices to fraud.
Faced with continued despair, the people in Greece will continue to do as people have done all over the world when faced with such inhumane treatment: they will live, they will organize, they will protest, they will survive and carry the burden of humanity.
There's a lot of unrepayable municipal and private debt out there, and there will be more Detroits and Puerto Ricos to reckon with. We have to face up to a miserable dilemma: Who suffers when governments can't repay the money they borrowed?
Wall Street and the Koch brothers have an agenda for America that, unless you are a top executive of a powerful corporate conglomerate, won't work out very well for you. The Democratic Party must embrace a progressive populist economic agenda if it wants to offer a winning alternative in 2016.
Dodd-Frank turns five years old next week and the occasion merits a review of its success.
Our nation has finally climbed out of a devastating financial crisis. Unless we establish effective safeguards against regulatory capture, we could very well plunge over the brink once again.
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.
In April, I was invited to speak in Charleston's third annual DIG SOUTH -- the Southeast's first and foremost event celebrating the digital economy with over 200 presenters from companies such as Google, Instagram, Twitter, TechCrunch, BuzzFeed, and Inc.
Digital technology has changed our world for the better, but the innovation that helps some rise also threatens to leave millions behind. As technology transforms our economy at a blinding pace, more and more people are being locked out of a job market increasingly dominated by the demand for computer skills.