Tag Archive for Income Inequality

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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 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.

Jesus Mandate: Peace and Stewardship

Jesus as portrayed in stained glass as the Good Shepherd.

Modern biblical scholarship has enabled critically thinking Christians to understand what the historical Jesus actually said and what was tacked on later to serve the interests of Rome and early church leaders, but those original messages remain politically inconvenient today, writes Rev. Howard Bess.

The Inconvenient Truth about Jesus

Jesus delivering his Sermon on the Mount as depicted in a painting by Nineteenth Century artist Carl Heinrich Bloch.

There is much religiosity in the U.S., with the Supreme Court’s right-wing majority even approving Christian prayers at the start of government business. But there is little appreciation of the radical political and economic message at the center of Jesus’s teachings, writes Rev. Howard Bess.

The Fat Cats of Fast-Food

A protest for higher pay in the fast-food industry. (Photo by Annette Bernhardt)

Pay inequity has worsened across the U.S. economy, but perhaps nowhere more than in the fast-food industry where CEOs and other top executives fatten their compensation as their fast-food workers subsist on taxpayer-provided food stamps, as Michael Winship explains.

The Age of the Oligarchs

Oil billionaires David and Charles Koch.

Exclusive: The concentration of power in the hands of billionaire “oligarchs” may be most alarming in places like Ukraine but the United States is moving in the same direction as wealth is consolidated at the top — and both elections and media are up for sale, says Robert Parry.

The Pampered, Delusional Rich

Mr. Moneybags from the "Monopoly" game

America’s rich, who are consolidating more and more of the nation’s wealth in their own hands and giving less and less back, see themselves as “victims” of class envy, and some billionaires even liken their plight to the Holocaust, a stunning deviation from reality, notes Michael Winship.

Income Inequality on US Campuses

Robert Zimmer, president of the University of Chicago.

Even as some college presidents – and athletic coaches – pull down salaries over $1 million, “adjunct professors,” who make up a majority of the teachers, often earn poverty-level pay, another example of America’s income inequality, writes Lawrence S. Wittner.