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Wealth Gap

Pope Francis Warns The Global Economy Is Near Collapse

The Huffington Post | Alexander C. Kaufman | Posted 06.13.2014 | Business

The global economic system is near collapse, according to Pope Francis. An economy built on money-worship and war and scarred by yawning inequality...

Here's How States Are Fighting Income Inequality

Stateline | Jake Grovum | Posted 06.12.2014 | Politics

This piece comes to us courtesy of Stateline. Stateline is a nonpartisan, nonprofit news service of the Pew Charitable Trusts that provides daily repo...

Why Buy A Home?

Dedrick Muhammad | Posted 06.06.2014 | Black Voices
Dedrick Muhammad

Homeownership, like any major investment, should be properly researched and one must ensure they are financially prepared to make the long-term commitment

An Anonymous Rich Person Is Hiding Money All Around San Francisco

The Huffington Post | Kevin Short | Posted 05.27.2014 | Business

If you live in San Francisco, be on the lookout for some mysterious white envelopes -- they may contain $100 bills. An anonymous person is dropping...

What Made America Famous

Rep. Alan Grayson | Posted 07.17.2014 | Politics
Rep. Alan Grayson

Many Americans believe that the top one percent is responsible for the rising tide of inequality in America, which is swamping and drowning the other 99 percent. Professor Emmanuel Saez of the University of California at Berkeley says that they are wrong.

Proof Student Debt Is Making Life Miserable For Young Adults

The Huffington Post | Tyler Kingkade | Posted 05.14.2014 | College

The difference in how well young adults with college degrees are living depends significantly on whether or not they're carrying student debt, accordi...

I Like Jane Austen's Novels, But I Certainly Don't Want to Live Like That

Heather Boushey | Posted 07.13.2014 | Politics
Heather Boushey

I would like to encourage more women, and especially more feminists, to pick up Piketty's tome and give it a read. It's a good book and what you learn may be quite important for your and your children's economic future.

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...

Inequality for All?

Benjamin Barer | Posted 06.30.2014 | Politics
Benjamin Barer

While all U.S. citizens retain the power to vote, elections are now won and lost based on the influence of individuals and special-interest groups with incredible financial power. Where does that leave our democracy?

Beyond Broke: Why the Racial Wealth Gap Matters

Dr. Maya Rockeymoore | Posted 06.29.2014 | Politics
Dr. Maya Rockeymoore

There are families in America who feel they have done all the "right things." They have played by the rules and worked hard but they aren't getting ahead financially. They have many things in common but the thing that is most striking is their racial make-up; they are mostly African-American and Latino.

PIKETTY ON FIRE: Bookstores Scramble For Copies Of Wealth Epic

The New Republic | Posted 04.24.2014 | Books

By contrast, Thomas Piketty’s Capital in the Twenty-First Century has already sold around 80,000 copies in less than two months, and is currently so...

Government = Protection Racket for the 1 Percent

Bill Moyers | Posted 06.22.2014 | Politics
Bill Moyers

And at state and local levels, while the poorest fifth of Americans pay an average tax rate of over 11 percent, the richest one percent of the country pay -- are you ready for this? -- half that rate.

4 Things You May Not Know About Housing and Race

Keosha Varela | Posted 06.17.2014 | Business
Keosha Varela

"When we talk about race... there's a divide when it comes to home ownership and the creation of wealth," said Mark Hugo Lopez, director of Hispanic r...

Economist Thomas Piketty Explains Why Income Inequality Is Just Getting Started

The Huffington Post | Ibrahim Balkhy | Posted 12.19.2014 | Politics

Life's two certainties may be death and taxes, but French economist Thomas Piketty seems to have found a third: the rich will keep getting richer. ...

No One Man Should Have All That Power - Our Diversity Responsibility

Brandon L. Greene | Posted 05.27.2014 | Black Voices
Brandon L. Greene

Yesterday, I had the great pleasure of speaking with a group of high school kids about power. During the conversation, I asked them how many of them t...

Redefining Wealth

Karen Ann Kennedy | Posted 05.25.2014 | Healthy Living
Karen Ann Kennedy

What does it mean to be wealthy? If I asked a few hundred people that question, I'm likely to get a few hundred different responses. Why, because our definition of wealth is very personal and situational.

4 Ways to Evolve Beyond Capitalism

C. Robert Gibson | Posted 05.10.2014 | Politics
C. Robert Gibson

Now that we're having a serious conversation about capitalism, we can also have a conversation about solutions. Along with calling out flaws of capitalism, I'm proposing four solutions that would fix the most glaring problems in capitalism and blaze a new path forward for the next generation.

The Myth of a Post Racial America

Dennis Trainor | Posted 05.07.2014 | Black Voices
Dennis Trainor

Last week, President Obama unveiled his My Brothers Keeper initiative one day after the anniversary of the murder of Trayvon Martin and as the nation still grapples with the hung jury on the murder charge in the Michael Dunn case,.

There's Rampant Income Inequality In Congress's Own Backyard

Reuters | Posted 05.01.2014 | Business

By Ian Simpson WASHINGTON, March 1 (Reuters) - President Barack Obama is making income inequality an issue in midterm elections, and ...

Why Wage Hikes Should Be All the Rage

Amy Traub | Posted 04.23.2014 | Business
Amy Traub

If large retailers increased pay for all of their U.S. retail workers to at least $12 an hour, more than 700,000 Americans would be lifted out of poverty, GDP would rise more than $11 billion a year, and more than 100,000 new jobs would be created.

Noam Chomsky: Nixon Was 'Last Liberal President'

The Huffington Post | Christine Conetta | Posted 02.25.2014 | Politics

Three Democrats have held the position of commander-in-chief since the Richard Nixon era, but if you ask philosopher Noam Chomsky, it was the 37th pre...

This Is the Year Liberals Take Back Religion from Conservatives

Deborah Caldwell | Posted 04.10.2014 | Religion
Deborah Caldwell

Sure, the religious right is still teamed up with conservative politicians in their battle against gay marriage, abortion, and immigration reform -- but the days of Americans actually heeding what they say is over.

Next Time Someone Argues For 'Trickle-Down' Economics, Show Them This

The Huffington Post | Kathleen Miles | Posted 02.17.2014 | Business

Conservatives like to say that "a rising tide lifts all boats." In other words, if an executive makes $20 million a year, his income will eventually t...

Let's Grow Wall Street and Main Street Together in 2014

Frank Islam | Posted 02.03.2014 | Business
Frank Islam

We have an economy that is currently distributing income and benefits quite well to about 20 percent -- especially to the top 1 percent -- but an economy that is doing little for the middle class and below -- the 80 percent.

Poverty and the Education Opportunity Gap: Will the SOTU Step Up?

Kevin Welner | Posted 03.29.2014 | Education
Kevin Welner

Education researchers like me have been hoping policymakers will understand that poverty is the biggest impediment to children's academic success. Yet I worry that the President will slip from an accurate diagnosis to unproven and ineffectual treatments.