Tag: Thomas Piketty

The Iron Law of Oligarchy Returns

From the Archive: The death of Danny Schechter, “the News Dissector,” at age 72 from cancer marks a sad moment for independent journalism. Schechter’s was a strong voice against the empty platitudes and blatant hypocrisies that have come to define modern…

Tracing the Source of Income Inequality

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.

Piketty’s Exploration of Modern Capital

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…

The Iron Law of Oligarchy Returns

America likes to think of itself as a land of the Great Middle Class with a government “of, by and for the people.” But that reality has changed drastically over the past several decades, as money and power have created a…