Category Archives: inequality

WEALTH INEQUALITY: IT’S WORSE THAN YOU THINK

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What’s the Problem?

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…And Rent Is $2

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Iceland Got It Right

From Al Jazeera English:  Iceland President Olafur Ragnar Grimsson tells Al Jazeera’s Stephen Cole that Europe should let banks that are ran “irresponsibly” go bankrupt. Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as … Continue reading

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Heading in the Wrong Direction

Click to Enlarge. Source: New York Times, 2011

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THE PROGRESSIVE FUTURE?

Five Possibilities for the Next Great Progressive Push By Gar Alperovitz and Steve Dubb/ Common Dreams/ February 1, 2013 Obama’s second inaugural address opened some hope of a brighter progressive future, yet virtually all the critical economic and distributional issues … Continue reading

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Very Tilted Playing Field

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How the Elite Rule

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Perpetual Ponzi Scheme

SECRETS AND LIES OF THE BAILOUT The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come By Matt Taibbi/ … Continue reading

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Has Washington Souled Out?

THE SOUL OF AMERICA By Bernie Sanders/ Huffington Post/ January 9, 2013 Despite such terminology as “fiscal cliff” and “debt ceiling,” the great debate taking place in Washington now has relatively little to do with financial issues. It is all … Continue reading

Posted in Democratic Party, Economics, economy, employment, government, inequality, labor, philosophy, politics, poverty, Republican Party, taxes, trade, Wall Street | Tagged , , , , , | 2 Comments