Economy

Tracing the Source of Income Inequality

President Ronald Reagan, delivering his Inaugural Address on Jan. 20, 1981.

Exclusive: Economist Thomas Piketty traces the explosion of income inequality in America to political decisions, especially the right-wing policies of Ronald Reagan who simultaneously slashed taxes for the rich and decried government intervention in the economy, writes Jim DiEugenio.

Obama Takes Lead on Climate Change

pollution

Though the future of the planet is at stake, President Obama’s latest moves to reduce carbon pollution are drawing the predictable denunciations from right-wing talkers and from politicians afraid of offending the coal lobby, as ex-CIA analyst Paul R. Pillar explains.

Piketty’s Exploration of Modern Capital

Thomas Piketty's "Capital in the Twenty-first Century."

Exclusive: Despite some predictable griping from the Right, Thomas Piketty’s Capital in the 21st Century has reinforced the case that Western societies – and especially America – are concentrating wealth at the very top and shortchanging almost everyone else, as Jim DiEugenio writes.

Learning the Lessons of the 1 Percent

Ohio State University's University Hall.

America’s transformation into a bifurcated society of a few rich and then the rest is occurring in academia as well, with bloated salaries for top administrators combined with the exploitation of poorly paid “adjunct” professors and a financial squeeze on students, as Lawrence S. Wittner explains.

Money and Second-Class Citizenship

Mr. Moneybags from the "Monopoly" game

As America divides more and more into a class-stratified society, the idea of “gated communities” has spread into other areas of separation in which the rich get special benefits, the middle class is treated shabbily and lower-income people face outright disdain, Lawrence Davidson reports.

The World Still Splurges on War

Mohandas Karamchand Gandhi

Amid continued splurging on war – with the U.S. government still far-and-away the world’s leader – there are a few hopeful signs as common citizens learn from the likes of Gandhi and become more suspicious of advocates for violent conflict, writes Lawrence S. Wittner.

The Money Behind the Gun Madness

Wayne LaPierre, executive vice president of the National Rifle Association.

Since the American Right succeeded in reframing the Framers’ “well-regulated militia” context for the Second Amendment, gun madness – punctuated by frequent mass slaughters – has become the U.S. nightmare. But the real motivation is money, says Michael Winship.

Premature US Victory-Dancing on Ukraine

Assistant Secretary of State for European Affairs Victoria Nuland, who pushed for the Ukraine coup and helped pick the post-coup leaders.

Exclusive: The post-coup election of a pro-Western politician as president of Ukraine – and the escalating slaughter of lightly armed anti-coup rebels in the east – have created a celebratory mood in Official Washington, but the victory dance may be premature, says ex-CIA analyst Ray McGovern.

The State Department’s Ukraine Fiasco

U.S. Secretary of State John Kerry addresses Yale University graduates on Class Day in New Haven, Connecticut, on May 18, 2014. Kerry himself is a 1966 Yale graduate. (State Department photo)

Exclusive: The State Department’s handling of the Ukraine crisis may go down as a textbook diplomatic fiasco, doing nothing to advance genuine U.S. interests while disrupting cooperation with Moscow and pushing Russia and China back together, reports Robert Parry.

The Proud Message of Utah Phillips

U Utah Phillips, labor activist and songwriter.

It is often forgotten that the path to the Great American Middle Class was forged in large part by labor activists and social reformers during the first six decades of the last century, a struggle that left behind a proud culture of music and stories that can inspire the present, as Richard L. Fricker recalls.