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Inequality

Reading Piketty in Peking: The Case Against Capitalist Inequality in Communist China

Ping Chen | Posted 08.29.2014 | World
Ping Chen

Piketty's concerns are relevant to the growing inequality in China that has resulted from adopting the neo-liberal capitalist model from the West. Hence, Piketty's reflection on mainstream Western economics indirectly treads a delicate ground in China. It fits right into the current raging debate over which path China's reformers should take in the next stage of "structural reform."

Which Side Are You On? Inequality and the Case for Unions

Tim Koechlin | Posted 08.24.2014 | Politics
Tim Koechlin

Republicans tell a tired, cynical story about all of this, insisting that union busting is, somehow, good for the economy and good for workers. It's the same old trickle down nonsense. Democrats, on the other hand, have done too little to defend unions and worker rights.

Bending the Arc of History

Stan Sorscher | Posted 08.23.2014 | Business
Stan Sorscher

We can call out the policies, attitudes, and language that concentrate wealth and influence, and push back toward a more sustainable balance of moral, social, political and economic power. And seriously, someone needs to talk to that guy in the movie.

Gender Equity Can Make America Competitive

Eve Ellis | Posted 08.20.2014 | Business
Eve Ellis

In his recent address at West Point, President Obama said the U.S. must always be a leader. And yet, leaders of U.S. corporations, so far, have seemed complacent with a lagging status quo.

Clinton-Warren for Change

Brent Budowsky | Posted 08.20.2014 | Politics
Brent Budowsky

If a ticket of two women offers economic revival and transformational change based on financial justice championed by Pope Francis, the most popular figure on the world stage, support from women would be stratospheric and many men would join them.

Real Business Leaders Want to Save Capitalism

Robert Reich | Posted 08.19.2014 | Business
Robert Reich

A few weeks ago I was visited in my office by the chairman of one of the country's biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Why Have a Higher Minimum Wage?

Harlan Green | Posted 08.18.2014 | Business
Harlan Green

The International Monetary Fund just came out with a depressing prognosis for US economic growth -- 2 percent this year, and maybe 3 percent next year? Why? A too-bad winter, slowdown in the housing market, and stagnant wages, said the report.

Civil Rights Need Economic Rights

Jack Rothman | Posted 08.17.2014 | Black Voices
Jack Rothman

The clash between American's declared values of fairness and justice and the functioning of its contentious and uncaring economic system is a potent deterrent to racial progress.

Overcoming Inequality and Climate Change Key to Ending Poverty

Winnie Byanyima | Posted 08.17.2014 | Impact
Winnie Byanyima

If we get it right, a bold new framework for global development next year, together with agreement at the UN climate talks in Paris, could provide the impetus for a transition to a more equal world -- a world without the scourge of poverty and climate change.

We're All Spent and It's Not Our Fault

Lisa J. Servon | Posted 08.17.2014 | Money
Lisa J. Servon

The welfare state has been dismantled, leaving a much greater number of Americans without a safety net. And the further the public sector retreats from the provision of social services, the more the finance industry steps in to "help us" get what we need to get by.

You Can Blame Student Debt for America's Inequality and Shrinking Middle Class

Sean McElwee | Posted 08.16.2014 | Politics
Sean McElwee

There is a tendency among elite opinion makers to believe that debt accrued while gaining a college degree is "good debt" that isn't problematic. Sadly, like many pundit platitudes, this assertion is grounded in fantasy, not fact.

Capitalism for Everyone or No One

Dov Seidman | Posted 08.13.2014 | Business
Dov Seidman

Income inequality is a gravely serious issue, and it is one that is exacerbated by the current inequality in freedom. We are now witnessing the unprecedented manufacturing of 'Freedom From' in so many dimensions of society.

The Piketty Pontiff: How Pope Francis Is Bringing Catholicism Back to Its Anti-Inequality Roots

Sean McElwee | Posted 08.08.2014 | Politics
Sean McElwee

The intellectual terrain that the Catholic Church now navigates is far different from now than it was even a few short years ago. Thomas Piketty's "Capital in the 21st Century" is on the top of Amazon's best-seller lists, and Francis is on his way to becoming one of the most popular popes in history.

Being Humane and Being Fair

Howard Steven Friedman | Posted 08.08.2014 | Politics
Howard Steven Friedman

The richest and most powerful nation that the world has ever known can certainly design a social support system that is both humane and fair. The richest and most powerful nation that the world has ever seen can certainly afford to feed, house and cloth all its citizens.

The Time a Student Called Me 'Sassy'

Calee Prindle | Posted 08.05.2014 | Women
Calee Prindle

The student apologized. Did he meant it? I'm not sure. I think he is still struggling to understand the problem with the word "sassy," and that's OK for now.

Bill Moyers and Our Call to Bear Witness in a Time of Crisis

Julie Leininger Pycior | Posted 08.05.2014 | Religion
Julie Leininger Pycior

At a time when we find ourselves in near-despair over a democratic process increasingly influenced by concentrated economic power, let us heed the visionaries in our midst who offer bold alternatives.

The Costs of Inequality to the Growth of Most Households' Incomes

Jared Bernstein | Posted 08.03.2014 | Business
Jared Bernstein

Occasionally I run into people who want to argue that the increase in inequality is just the benign outcome of "just desserts" as economist Greg Mankiw frames it. It may boost those at the top, but not at the expense of others. By this metric, not so.

Big Bank Explains To Rich People How To Profit Off Inequality

The Huffington Post | Mark Gongloff | Posted 06.02.2014 | Business

On Wall Street, the debate about wealth inequality is all but over, except for finding ways to make tons of money from it. The rich are going to ke...

Why Is Capital So Much Stronger than Labor?

Jared Bernstein | Posted 08.02.2014 | Business
Jared Bernstein

I don't know the answer to these questions, but my experience as a policy wonk and economist in government has led me to believe that economics, as currently practiced, is part of the problem.

My Workers Are Better Than Your Workers

Leo W. Gerard | Posted 08.02.2014 | Business
Leo W. Gerard

The U.S. Chamber of Commerce threw a little hissy fit last week, stomping its Gucci-shod feet over a new rule requiring corporations to report the difference in pay between their median workers and their CEOs.

Thomas Piketty's Response To The Financial Times

Thomas Piketty | Posted 07.29.2014 | Business
Thomas Piketty

The main message coming from my book, Capital in the Twenty-first Century, is not that there should always be a deterministic trend toward ever rising inequality; it's that we need more democratic transparency about wealth dynamics.

The Current Economy: Green Shoots or Brown Ones?

Jared Bernstein | Posted 07.29.2014 | Politics
Jared Bernstein

I was listening to an interview with Tim Geithner this weekend, and after going through his new book, they asked him where he thought the economy was headed. "I don't believe forecasts," he said, which sounded smart to me.

The Case for Underrepresented Students at Predominately White Institutions

Ernest Owens | Posted 07.27.2014 | College
Ernest Owens

I wanted to continue the legacy of brave students of color who proved that we are just as smart and deserving, if not more, than those elite and privileged that for many years dominated these institutions.

Thomas Piketty and Capitalism Beyond the 21st Century

Harlan Green | Posted 07.26.2014 | Business
Harlan Green

Thomas Piketty's Capital in the 21st Century is about more than proving that wealth inequality built up over centuries under so-called free market capitalism, or its social democratic versions in Europe, has to be its natural state.

#YESALLWOMEN

The Huffington Post | Ed Mazza | Posted 05.27.2014 | Impact

Beyond the anger, beyond the outpouring of grief for the victims and beyond the calls for something to help stop the madness of mass shootings, Friday...