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Wealth Inequality

Dear College Board, A Change Needs To Be Made

Avi Sholkoff | Posted 10.21.2014 | Teen
Avi Sholkoff

This is a letter demanding a change to the environment and culture surrounding your test. Standardized testing has shifted from a mere requirement to a game. Whoever finds the best tutor or class wins the game. These students attend the college of their dreams.

All The Wealth The Middle Class Accumulated After 1940 Is Gone

The Huffington Post | Mark Gongloff | Posted 10.20.2014 | Business

Here's more proof the middle class is dying. The middle-class share of American wealth has been shrinking for the better part of three decades and ...

Janet Yellen: Rising Income Inequality Could Seriously Harm The U.S. Economy

The Huffington Post | Mark Gongloff | Posted 10.17.2014 | Business

The Federal Reserve is sounding increasingly alarmed about income inequality. "The extent of and continuing increase in inequality in the United St...

Key Inequality Measure The Highest Since The Great Depression

The Huffington Post | Mark Gongloff | Posted 10.15.2014 | Business

You know inequality is getting bad when it's making a Swiss bank uncomfortable. The ratio of wealth to household income in the U.S., a measure of i...

The Age of Vulnerability

Joseph E. Stiglitz | Posted 10.14.2014 | World
Joseph E. Stiglitz

It used to be thought that America's greatest strength was not its military power, but an economic system that was the envy of the world. But why would others seek to emulate an economic model by which a large proportion -- even a majority -- of the population has seen their income stagnate while incomes at the top have soared?

What's Wrong With the NFL Is What's Wrong With America

Richard (RJ) Eskow | Posted 09.25.2014 | Politics
Richard (RJ) Eskow

Sexism. A culture of violence. Untrustworthy leadership. Runaway wealth inequality. An indifference to workers' health. Employees who are above the law. Hush-hush financing. Multimillion-dollar tax breaks. We're not talking about America's top corporations. We're talking about the NFL.

White High School Dropouts Have More Wealth Than Black And Hispanic College Graduates

Matthew Bruenig | Posted 09.25.2014 | Business
Matthew Bruenig

Black families with college degrees have a mean wealth of $162.8k, which is effectively the same as the mean wealth of white families with less than a high school education.

The Critical Need for a Citizens' Rights Movement

Frank Islam | Posted 09.24.2014 | Politics
Frank Islam

Can citizens' movements make a difference? Absolutely, if they are targeted correctly, mobilized properly and sustained effectively.

CEOs Get Paid Too Much, According To Pretty Much Everyone In The World

Gretchen Gavett | Posted 09.29.2014 | Business
Gretchen Gavett

It turns out that most people, regardless of nationality or set of beliefs, share similar sentiments about how much CEOs should be paid -- and, for the most part, these estimates are markedly lower than the amounts company leaders actually earn.

Here Are The Most Unequal Counties In America

The Huffington Post | Emily Cohn | Posted 09.23.2014 | Business

Welcome to the United States of Inequality. The map below, based on data from the Census Bureau’s 2013 American Community Survey, shows the most ...

The High Moral and Economic Cost of Child Poverty in America

Marian Wright Edelman | Posted 09.19.2014 | Politics
Marian Wright Edelman

It is a moral disgrace that child poverty in the U.S. is higher than adult poverty, higher than for children in almost all other competitor nations, and higher than our country with the world's largest economy should ever allow.

The Economic Recovery in Black, White, and Brown

Mechele Dickerson | Posted 09.18.2014 | Politics
Mechele Dickerson

While some households and neighborhoods have recovered from the recession, most black and Latino households and neighborhoods are still waiting to recover.

A Real Plutocracy Prevention Act

Chuck Collins | Posted 09.18.2014 | Politics
Chuck Collins

Sometimes the best defense is a good offense. This week, Senator Bernie Sanders introduced his "Responsible Estate Tax Act" which would strengthen the estate tax and plug up some of the worst "billionaire loopholes."

Fast Food CEOs Are The Most Grossly Overpaid

The Huffington Post | Kevin Short | Posted 09.18.2014 | Business

If American income inequality had a poster child, it would be the fast food industry. Today, CEOs at leading fast food companies pocket more than 1...

What Economic Recovery?

Mechele Dickerson | Posted 09.09.2014 | Money
Mechele Dickerson

While many American households now face a bright and promising economic future, it is now clear that the recession and post-recession recovery has a different look and feel depending on whether you are wealthy, middle-class, or poor.

America's Widening Wealth Gap Is 'Unsustainable'

Reuters | Posted 09.08.2014 | Business

BOSTON, Sept 8 (Reuters) - The widening gap between America's wealthiest and its middle and lower classes is "unsustainable", but is unlikely to impro...

Warning: Inequality Is Really Hurting The Economy

AP | By JOSH BOAK | Posted 10.05.2014 | Business

WASHINGTON (AP) — Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession. Now...

Why Everybody Is Mad At Rich People

The Huffington Post | Mark Gongloff | Posted 07.29.2014 | Business

Rich people have been wondering why everybody is so mad at them when all they do is create jobs and have better genes and work harder than the rest of...

It's Time for an Inclusion Revolution

Dr. Maya Rockeymoore | Posted 09.27.2014 | Impact
Dr. Maya Rockeymoore

From voter suppression laws being passed in the light of day in state houses around the country and the political assault on women's reproductive rights to the racial wealth gap, there are disturbing signs that our nation's baby steps towards political, social and economic inclusion could be stalling.

Health, Sensuality and the Supreme Court's New Feudalism

M. Gregg Bloche, M.D., J.D. | Posted 09.22.2014 | Politics
M. Gregg Bloche, M.D., J.D.

Hiding sensuality behind health, instead of celebrating it, devalues the erotic lives of women and men. More than that, our political embarrassment about sex has leveraged the power of the wealthy to control the intimate lives of others.

Who Do Americans Hate During Economic Downtimes? It's Not Who You Think

Daniel Cubias | Posted 08.26.2014 | Latino Voices
Daniel Cubias

On top of devastating the country, wiping out many people's savings, and increasing the obscene gap between the wealthy and the rest of us, the Great Recession may have had the side effect of increasing racial tension.

Sting Just Cut Off His Kids, But They'll Be Fine

The Huffington Post | Mark Gongloff | Posted 06.23.2014 | Business

Sting may not plan on leaving very much of his wealth to his offspring, but don't mistake him for some kind of equalizing role model out of Thomas Pik...

The American People and American Interventions

Lincoln Mitchell | Posted 08.20.2014 | Politics
Lincoln Mitchell

The wisdom and necessity of action can, and should, be debated. Those debates, like most foreign policy debates are discussions of strategy, scenarios and interests, but rarely seriously consider the needs and hopes of the American people.

The 1% In My Head

Abraham Lateiner | Posted 08.18.2014 | Politics
Abraham Lateiner

The belief that money is a reliable measurement of a person's value is not true and causes deep suffering. Money is a wildly inaccurate gauge of character.

Sacrifices of the 1%

Rob Taub | Posted 08.17.2014 | Comedy
Rob Taub

Akin to the suffering of middle class and poor families in these difficult economic times, the one percent are struggling as well behind their gilded ...