Events will become increasingly difficult to predict as late-stage capitalism sees the oligarchy consume even the structures that had supported it.
The Chris Hedges Report: Economics of a Dying Empire
Tag: tax cuts
When the US Taxed the Rich
Sam Pizzigati explains why a luxury penthouse in New York stood vacant during the 1940s.
The Crucial Amazon Union Vote in Alabama
Unions don’t just raise worker wages, says Sam Pizzagati. They also help flatten grand plutocratic fortunes.
Reagan’s ‘Greed Is Good’ Folly
Exclusive: For three decades, the United States has undertaken an extraordinary social experiment, incentivizing greed among the richest Americans by cutting their top tax rates in half or more. The results are now in from Ronald Reagan’s bold gamble and…
Resetting the American Narrative
Exclusive: The U.S. political climate might change if Americans understood how much the federal government did to create the infrastructure behind many business fortunes, including the Internet and computer technology. That narrative would justify higher taxes on the rich to repay the nation…
Mitch Daniels, Architect of US Debt Crisis
Exclusive: Indiana Gov. Mitch Daniels is the new Republican darling of the Washington establishment, which hails him as a “fiscal conservative” who would be “serious” about addressing the nation’s staggering debt problem. But his many admirers forget to mention what…