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Wealth Gap

How Racism Prevents Action on Inequality

Sean McElwee | Posted 02.01.2016 | Politics
Sean McElwee

As income inequality has climbed higher and higher in America, government action has stalled. This lack of policy attention persists despite public opinion polls showing a majority of Americans favor some government action to reduce inequality. Are the wealthy to blame for the lack of action?

Donald Trump May Be A Monster, But We're The Ones Who Created Him

Toria Sheffield | Posted 01.29.2016 | Politics
Toria Sheffield

So given that we've allowed ourselves to become a country with such tremendous educational disparities, can we really sit back and pretend to be shocked by this turn of events? To act like it's not decades of poor social policy finally catching up to us?

How Widening Economic Inequality Could Shake The Whole World

The Huffington Post | Jo Confino | Posted 01.20.2016 | Business

DAVOS, SWITZERLAND -- Is the era of globalization coming to an end? Just a few years ago it looked like we were moving toward what Indian physicist an...

Turnaround Tuesday? Checking Those Bounce Lines

Phil Davis | Posted 01.19.2016 | Business
Phil Davis

Well, it's been a rotten month. All of our sectors are down, other than Utilites, and they are still down 3.4% over the last 6 months so tha...

The 62 Richest People On Earth Now Hold As Much Wealth As The Poorest 3.5 Billion

The Huffington Post | Emily Peck | Posted 01.22.2016 | Business

All the money in the world is growing ever more concentrated in the hands of just a few people, a report released Sunday night makes clear. Just 62 ul...

Tavis Smiley: Black Americans Have 'Lost Ground' Under Obama

The Huffington Post | Rahel Gebreyes | Posted 01.15.2016 | HuffPost Live 321

Eight years into Barack Obama's presidency, Tavis Smiley is not so optimistic about the first black president's legacy on racial issues. ...

At Stake in 2016: Ending the Vicious Cycle of Wealth and Power

Robert Reich | Posted 01.03.2016 | Politics
Robert Reich

America has succumbed to a vicious cycle in which great wealth translates into political power, which generates even more wealth, and even more power. The result of this vicious cycle is a disenfranchisement of most Americans, and a giant upward distribution of income from the middle class and poor to the wealthy and powerful.

Stopping Gun Violence In The U.S. Starts with Us

Psyched in San Francisco | Posted 12.14.2015 | Politics
Psyched in San Francisco

"Us vs. Them" is the poison this American culture is pumping out and ingesting on every level of our society and we are all ill from it. The longing to belong is wired into our cells, yet on multiple levels of our society we actively leave people out.

The Middle Class Is No Longer America's Economic Majority

The Huffington Post | Lydia Oconnor | Posted 12.18.2015 | Business

There are now more low-income and high-income Americans combined than there are people in the middle class, a study released Wednesday found.&...

These 100 People Have More Money Than All Black Americans Combined

The Huffington Post | Emily Peck | Posted 12.03.2015 | Business

The country's richest people are incredibly, stunningly, jaw-droppingly wealthy -- with more assets than millions and millions of Americans put toget...

Twenty Billionaires Have More Wealth Than Half U.S. Households

Chuck Collins | Posted 12.02.2015 | Politics
Chuck Collins

America's skewed wealth is one of the most critical issues of our time. Unless we defuse this threat to our democracy, we're destined to become a society governed the sons and daughters of today's billionaires.

When the Rich Took Over Our Neighborhood

Michael Winship | Posted 11.06.2015 | Politics
Michael Winship

The Chinese restaurant across the street from me -- one of the last reasonably priced joints in the neighborhood -- closed last weekend. Their lease was up for renewal and the rent increased from $5,000 a month to $25,000.

How Did We Become Incarceration Nation?

Les Leopold | Posted 11.03.2015 | Politics
Les Leopold

How is it that America, supposedly the beacon of freedom and democracy for the rest of the world, has more prisoners than any police state?

Public Markets Are Great Equalizers In An Age Of Inequality

The Huffington Post | Alexander C. Kaufman | Posted 09.27.2015 | Business

NEW YORK -- Union Square is one of those rare places left in Manhattan where just about anyone has business being. And, for that matter, shoppin...

Wealth Gap Widens Along Race Lines

MoneyTips | Posted 09.22.2015 | Business
MoneyTips

Using data from the Survey of Consumer Finances conducted by the Federal Reserve, researchers have shown that the median net worth of white households has risen slightly while those of black and Hispanic households have fallen dramatically.

Calling Out Corruption

Judy Frankel | Posted 09.01.2015 | Politics
Judy Frankel

Only three candidates are willing to say that the system is corrupt: Bernie Sanders, Donald Trump, and Lawrence Lessig. But Trump has no solution to the problem, while the other two do.

Asset Building and the Path to a "Universal Fix" to Poverty

Ben Hecht | Posted 08.20.2015 | Impact
Ben Hecht

While the debate about relief programs has become, unfortunately, deeply politicized, if we are serious about addressing poverty and inequality, we will need to get beyond the rhetoric to really hone in on what elements have worked and where there is room for improvement.

Basic Income? Yes! Bold Ideas About Fixing Inequality

Lynn Parramore | Posted 07.29.2015 | Politics
Lynn Parramore

British economist Tony Atkinson has been studying inequality -- the gap in income and wealth between the top and the bottom -- for nearly half a century.

Friends and Envy: When Your Friends Have More -- and When They Have Less

Dr. Peggy Drexler | Posted 07.25.2015 | Healthy Living
Dr. Peggy Drexler

Remember why you're friends in the first place. Don't judge them for what they have -- what they wear, the trips they take, the house they live in -- but for who they are, and how they treat you.

Distributing Growth for the Benefit of All

St. Gallen Symposium | Posted 07.24.2015 | Impact
St. Gallen Symposium

If you need proof of how the modern welfare state can miss the mark, just look at the rising level of social inequality in much of the developed world.

Let's Get Rid of the Term 'White Privilege'

Daniel Cubias | Posted 07.21.2015 | Latino Voices
Daniel Cubias

The problem with white privilege is that the concept is painfully easy to refute. I'm referring to white individuals who hear the word "privilege" thrown at them and interpret it as an individual attack rather than as a societal fact.

The Not-So-Secret Reason Why Women Lack Political Power

Charlotte Hill | Posted 07.17.2015 | Politics
Charlotte Hill

When these economic elites are predominantly male -- the names of Jeb Bush's super PAC donors read like a bachelor party guest list -- this means that American public policy is disproportionately influenced by men. Decisions about whether to prioritize issues like paid sick leave, affordable child care, birth control access and equal pay are not ultimately made by the people they impact most: women.

What Do Americans Think About Economic Inequality?

Lawrence Wittner | Posted 07.07.2015 | Politics
Lawrence Wittner

Numerous opinion surveys in recent years indicate that substantial majorities of Americans not only recognize that the gap between the wealthy and everyone else has grown, but favor greater economic equality.

Questions for the Presidential Candidates

Preeti Vissa | Posted 06.12.2015 | Politics
Preeti Vissa

In an era in which the hypothetical "typical voter" in many states is likely to be a person of color, the candidates and the media need to do better. At the risk of beating my head against the proverbial wall, here are some questions I'd like the candidates to answer and the media to pursue.

Bernie Sanders Is the Mainstream Candidate, Not an Extremist

David Pakman | Posted 06.09.2015 | Politics
David Pakman

When corporate media decides to take a break from ignoring Vermont Senator and 2016 Democratic Presidential candidate Bernie Sanders, he is typically framed as a far-left, extreme socialist whose views are not representative of anything but a small minority of voters.