Category Archives: inequality

Crony Capitalism

If you missed this PBS episode from January 20, 2012,, it is well worth a look. Bill Moyers & Company explores “Crony Capitalism,” i.e. what’s remains of what we used to call capitalism and democracy. David Stockman, former budget director … Continue reading

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The Price of Cheap

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THOSE WHO FAIL TO LEARN FROM HISTORY….

Weimar America: Four Major Ways We’re Following In Germany’s Fascist Footsteps What happens when a mature industrial nation turns its back on democracy and lets its right-wing elite destroy the middle class? We’ve seen this movie before. By Robert Cruickshank/ … Continue reading

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The Light At the End of This Economic Tunnel Is a Train

In an interview with AlterNet, economist Joseph Stiglitz points to a dismal future for this country if we continue the current path of widening economic inequality. Deregulation, government downsizing, and an unfair tax system is making things worse. The middle … Continue reading

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The Robin Hood Tax

Professor Richard D. Wolff explains how a tiny “Robin Hood” or transaction tax on financial trades can raise enormous revenue for governments.  Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 … Continue reading

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Making the World a Better Place

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The Visible Hand of the Market

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HOW SAD WE ONLY HAVE ONE BERNIE SANDERS

The American People Are Angry By Bernie Sanders/ OpEdNews.com/ June 28, 2012 The American people are angry.  They are angry that they are being forced to live through the worst recession in our lifetimes — with sky-high unemployment, with millions … Continue reading

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Wealth Inequality: Perception vs. Ideal vs. Reality

OUT OF BALANCE A Harvard business prof and a behavioral economist recently asked more than 5,000 Americans how they thought wealth is distributed in the United States. Most thought that it’s more balanced than it actually is. Asked to choose … Continue reading

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5 GREAT THINGS ABOUT AMERICA…THAT AREN’T TRUE ANYMORE

By Arlen Grossman/ The Big Picture Report 1st Great Thing About America: We Are a Democracy (Or Used To Be)  Image: Ares/caglecartoons.com  Once a shining beacon of democracy, the United States of America has lost its way. To be sure, … Continue reading

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