Wealth Inequality

Mitt Romney Is the Inequality Candidate

Brian J. Siebel | Posted 05.30.2012

Brian J. Siebel

On every front Mitt Romney and the Republican Party support policies that would exacerbate our inequality. Consider the following ten areas.  Mitt Romney's policies would increase inequality in every case.

Why Those Praising Income Inequality Are Wrong

Timothy Noah | Posted 05.29.2012

Timothy Noah

Edward Conard has gotten a lot of press lately for writing a book that praises income inequality. Indeed, it is hard to ignore the hasty and ill-informed arguments he makes.

The Audacity of WTF

Marty Kaplan | Posted 05.22.2012

Marty Kaplan

We may be on the way to the triumph of money, power and fundamentalism -- a development that should seem shocking, yet instead has become the new normal. We have outrage fatigue. Fury has slid into a persistent low-grade fever, a "what fresh hell is this?" jadedness.

The Doublespeak of "Freedom"

Warren J. Blumenfeld | Posted 04.23.2012

Warren J. Blumenfeld

I am, quite frankly, concerned by Romney and other advocates of neoliberalist principles because they are based on individualistic, self-centered "freedoms," while opposing general responsibility for others and for a collective cooperative society.

The Equality of Inequity

Daniel P. Malito | Posted 04.20.2012

Daniel P. Malito

What we need to do is to stop telling everyone they are equal, and instead tell everyone that while every single citizen is as important as the next, there will always be inequalities in a consumer-driven society such as ours.

A Debate on Inequality, Opportunity, and Politics

Jared Bernstein | Posted 04.13.2012

Jared Bernstein

Had a rousing debate on inequality last night with Scott Winship from Brookings, moderated by Reihan Salam, both of whom lean conservative, and both of whom brought generally interesting and provocative views to the discussion.

The Republican Path to National Failure

Hoyt Hilsman | Posted 04.12.2012

Hoyt Hilsman

From immigration to health care and education reform, the Republicans are arguing for restricting access not only to the poor, but chiefly to the middle class. At the same time, they are arguing for a greater concentration of wealth among the elites.

Why Wanting to Be Rich Is a Form of Mental Illness

Ben Cohen | Posted 04.12.2012

Ben Cohen

As the wealth divide gets wider, those less fortunate want what the rich have.

My Drug of Choice Is "More": Getting Real About Wealth Addiction

Jed Diamond | Posted 04.09.2012

Jed Diamond

I've been treating addicts for more than 40 years and when I hear the descriptions of those for whom millions and billions of dollars in wealth drives them to want more and more, I know we're dealing with addiction.

Failing States

Christopher Holshek | Posted 04.02.2012

Christopher Holshek

Failing states are failing states. The difference between over there and over here, however, is that we have been stacking the deck against ourselves.

The 99 Percent Spring and Extreme Inequality

Chuck Collins | Posted 04.02.2012

Chuck Collins

The "99 to 1" dichotomy may strike some folks as polarizing and inaccurate. Yet it's a powerful lens for understanding what's happened to our society and economy over the last several decades.

Think Again: Money Talks, Media Balks

Eric Alterman | Posted 05.30.2012

Eric Alterman

Instead of seeking remedies to this ongoing problem, the putative guardians of our democratic principles, rights and responsibilities -- the United States Supreme Court -- has chosen to vastly exacerbate the situation.

The 1% Strike Back

Robert L. Borosage | Posted 05.29.2012

Robert L. Borosage

The Great Recession exposed deep systemic weaknesses in our economy. The test is not whether we can reflate another bubble, but whether we can build a new foundation for sustained growth and shared prosperity.

"We Are the 99 Percent" -- The Unlikely Journey of a Revolutionary Slogan

Jigar Bhatt | Posted 05.19.2012

Jigar Bhatt

Could it be, I asked myself? Could these activists and my niece's generation be defining themselves in terms of rigorous quantitative analysis on inequality in top economics journals?

The Widening Wealth Divide, and Why We Need a Surtax on the Super Wealthy

Robert Reich | Posted 05.13.2012

Robert Reich

Let Santorum and Romney duke it out for who will cut taxes on the wealthy the most and shred the public services everyone else depends on. The rest of us ought to be having a serious discussion about a wealth tax.

The Golden Years: One Step Forward or Several Steps Back?

Gerry Hudson | Posted 04.18.2012

Gerry Hudson

While the recent drop in unemployment numbers is great news, I wonder about how it will impact older African-American baby boomers. Our looming retirement security crisis, disproportionally affects African Americans, many of whom are retiring in poverty after a lifetime of work.

Thanks to Occupy, Senate Looks at Inequality

Sarah Anderson | Posted 04.14.2012

Sarah Anderson

The ratio between CEO and worker pay has risen from 42-to-1 in 1980 to 325-to-1 in 2010 and average S&P 500 CEO pay is about $11 million.

The State of the Union Is Unequal: 10 Things Presidential Candidates Should Know About Inequality

Sarah Burd-Sharps | Posted 02.13.2012

Sarah Burd-Sharps

As the presidential campaign heats up, here are ten things the candidates should understand about why extreme inequality is toxic for America.

Inequality, the Middle Class, and Growth

Jared Bernstein | Posted 04.01.2012

Jared Bernstein

The trickle-down, deregulatory agenda presumes that the economic growth chain starts at the top of the wealth scale and "trickles down" to those at the middle and the bottom of that scale. Problem is, that hasn't worked. As more income, wealth, and power is concentrated at the top of the income scale, narrow coalitions form to influence policy decisions in ways less likely to promote overall, or middle-class, well-being, and more likely to favor those with disproportionate power and resources. In the current economics debate, we clearly see these dynamics playing out again and again. It's now time to start thinking about new economic models to replace the old, worn out ones.

A More Complete Look at Inequality and Immobility

Jared Bernstein | Posted 03.21.2012

Jared Bernstein

2012-01-20-Screenshot20120120at9.35.31AM.pngI fear that until we deal with the underlying structural factors driving inequality, we're going to see it go ever higher.

Romney a Nobody Among the Ultra-Wealthy, But Rich Enough to Stick Out as President

Jeffrey Winters | Posted 03.13.2012

Jeffrey Winters

If Mitt Romney is elected in 2012, he will be the richest American president since George Washington, who owned 300 slaves and vast tracts of land. Romney is ten times richer than the patrician George Bush and fifty times richer than Barack Obama.

Bonnie Kavoussi

Business Group Says Companies Underpay Workers

HuffingtonPost.com | Bonnie Kavoussi | Posted 01.11.2012

A major business membership group warns that increasing income inequality in the United States is stifling economic growth. Many multinational com...

'A Nightmare on Wall Street': New Video From Nurses Says Time to Hold Wall Street Accountable to Heal America

Rose Ann DeMoro | Posted 03.10.2012

Rose Ann DeMoro

We have a message for Wall Street. It's time to pay back for the damage you have wrought. A meaningful tax on financial instruments could harvest up to $350 billion every year to help reframe the economy and heal America.

Half Of Global One Percent Are Americans

The Huffington Post | Laura Hibbard | Posted 01.04.2012

According to calculations by World Bank economist Branko Milanovic in his book The Haves and the Have-Nots, about half of the world's richest one perc...

Is Our Destiny Pottersville or Bedford Falls?

Tom Gerdy | Posted 02.27.2012

Tom Gerdy

Small businesses have always been the backbone of the economy in America. The current leaders seem to have forgotten this piece of our economic puzzle.