The Economic Policy Institute finds that growth in CEO compensation far outstripped that of the stock market.
CEOs Now Make 320 Times More Than Typical Worker
Tag: Income Inequality
COVID-19: Low-Wage Essential Workers Get Less Protection & Less Information
Jasmine Kerrissey and Clare Hammonds report on their research, which provides some of the first data on the safety of essential workers during the pandemic.
COVID-19: Richest Americans Added $434 Billion in Wealth Since Pandemic Hit
Jake Johnson reports on an analysis by Americans for Tax Fairness and the Institute for Policy Studies.
COVID-19: What the Different Reaction to the Great Depression and the 2008 Recession Can Tell Us Today
In contrast to the Depression, the Great Recession exacerbated both income and wealth inequality, say Ken-Hou Lin and Megan Neely.
Inequality Higher in Some States Because of Corporate Welfare
New York and Louisiana are two examples of high corporate incentives aligning with high inequality, writes Joshua Jansa.
Reclaiming Billionaires’ Wealth
Looking beyond classical economic models, Vince Taylor sees vast, private fortunes that belong mostly to society at large.
Wall Street, Banks and Angry Citizens
The post-Great Recession economic “recovery” was largely reserved for participants in financial markets, not the majority working longer hours and multiple jobs, writes Nomi Prins.
Recycled GOP Promises of ‘Trickle Down’
Since the 1980s, Republicans have insisted that tax cuts for the rich will benefit working people, but the rich just sock away their money and national needs are neglected. Yet, the same cycle is back again, says JP Sottile.
Democrats, Class and Russia-gate Magic
Stunned by the defection of working-class whites, many Democrats respond by calling these Trump voters “stupid” and hoping that Russia-gate will be the “deus ex machina” to restore Democratic power, as poet Phil Rockstroh explains.
The Source of Trump’s Real Clout
The image of Donald Trump’s “deplorables” – as Hillary Clinton dubbed them – is a bunch of bigoted blue-collar whites waving Confederate flags, but the secret of Trump’s real power lies elsewhere, says historian Keri Leigh Merritt.