The first and last rule of capitalism is this: Make More Capital. And it's killing us. But we can build better systems. There are plenty of options. We can change the rules.
After years of struggle, El Salvador workers have won a victory with a new minimum wage that has made an enormous impact in people's lives. Corporate power has not given up, preferring to pay starvation wages they are attempting to roll back the gains made.
Behind the formal structures of a once-functioning democracy is a political system run by corporate interests with the cynical aims of cutting taxes on the rich, selling weapons, and polluting with impunity. In Trump, they have found a shameless frontman.
Piketty's radical and largely on-target critique of contemporary capitalism, the reviewer says, was mostly greeted with hostility by the economics establishment, when not simply ignored, stonewalling Capital in the Twenty-First Century, so it would not have the impact on economics research agendas that it merits, particularly in explaining inequality — in effect a dead zone in mainstream economic analysis. The reviewer thinks much can be gleaned from Piketty's work.
"It will help private equity managers and people like President Trump"
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Why do we jail people for being poor? Today, half a million Americans are in jail only because they can't afford to post bail
A new study shows the legacy of racism far outweighs individual financial decisions in driving the growing gap between black and white families.
New research holds inequality directly responsible for the crushing depth of the Great Recession.
Trump’s tax proposals, which shift like desert sands in a windstorm, would lavish vast new tax breaks on people like himself
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