This year the day after Thanksgiving will be remembered not as the biggest shopping day of the year but as the day Americans took action to demand that Walmart, the country's largest employer, pay workers livable wages and play a part in improving our economy.
Thanksgiving Day is a holiday where family and friends gather together and express gratitude for everything in their lives. But those who work at Walmart have little to be thankful for, at least when it comes to their employment.
Not surprisingly, economic inequality is growing in the United States. From 1978 to 2013, CEO compensation, inflation-adjusted, grew by 937 percent, while the typical worker's compensation over that same period grew by only 10 percent.
Forget about the guy at the grocery store using food stamps to buy lobster. Walmart, the world's largest retail company, is even more dependent on government welfare so it can make jaw-droppingly obscene profits.
In this video, Diane Ravitch and I talk about the problem with charter schools being run by billionaires, celebrities and individuals with no experience in education; the fact that taxpayers are increasingly funding religious schools and why hedge-fund managers see education as an emerging market.
Last month, McDonald's gave its workers a little gift -- a budget purporting to show how to survive on the starvation wages the burger behemoth pays. The bizarre financial plan made millionaire McDonald's CEO Don Thompson look like a real clown.
It is the nature of our current economic system that things will concentrate into fewer and fewer hands. When you let the ones with more money win the game and set the rules it is inevitable that they will increasingly set the rules to they always win the game.
It is noteworthy that neither the Democrats nor the Republicans are proposing increases in the estate tax. As always, the latter are putting forth their usual lame arguments for lowering or eliminating it.