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Information is power. Our mission at Portside is to seek out and to provide information that empowers you -- that empowers the left. Every day we search hundreds of sources to connect you with the most interesting, striking and useful material. Just once a year we appeal to you to contribute to make it possible to continue this work. Please help.

 

5 Facts About How America Is Rigged for a Massive Wealth Transfer to the Rich

Paul Buchheit AlterNet
People in the U.S. and around the world are being rapidly divided into two classes, the well-to-do and the lower-income majority. This severing of society will change only when progressive thinkers (and doers) agree on a single, manageable solution that will stop the easy flow of wealth to the privileged few.

Attack on Piketty’s Capital Gets it Wrong

Mike Konczal; Jennifer Rankin; Chris Giles; Neil Irwin
Piketty's central theme is not that inequality of the ownership of wealth is going to skyrocket. The central theme is that the 1% already owns a lot of the capital stock, and the capital stock is going to get gigantic relative to the rest of the economy. Whatever the weakness this meg-tome and mega-best seller, there is no denying - the rich are getting richer, the poor, poorer. (And Piketty is not a Marxist.)

Matt Taibbi: The SuperRich in America Have Become 'Untouchables' Who Don't Go to Prison

Amy Goodman, Matt Taibbi Democracy Now!
Matt Taibbi discusses his new book, "The Divide: American Injustice in the Age of the Wealth Gap." The vast majority of white-collar criminals have avoided prison since the financial crisis began, while an unequal justice system imprisons the poor and people of color on a mass scale. Taibbi explores how the Depression-level income gap between the wealthy and the poor is mirrored by a "justice" gap in who is targeted for prosecution and imprisonment.

Tidbits - April 3, 2014

Portside
Reader Comments - U.S. Military Policy, Foreign Policy and Aggression; Public Education and New York's Segregated Schools; Obamacare; Bernie Sanders for President - exchange on electoral politics and tactics; Trade Policy; Venezuela; Congress and the 1%; Pope Francis; poverty; Announcement - Call for Tributes and Reflections: The Life and Work of Rod Bush - San Francisco - Aug. 18, 2014

Socialism for the Rich -- It's Capitalism - A Nation of Takers

Nicholas Kristof, Op-Ed New York Times
The wealthiest Congress in history, the first in which a majority of members are millionaires, we have a one-sided discussion demanding cuts only in public assistance to the poor, while ignoring public assistance to the rich. And a one-sided discussion leads to a one-sided and myopic policy. We're cutting one kind of subsidized food - food stamps - at a time when Gallup finds that almost one-fifth of American families struggled in 2013 to afford food.

Tidbits - October 10, 2013

Portside
Reader Comments- Teachers Protests in Brazil and Mexico; Shutdown and Social Security; , GOP Playbook; Two Countries in 2014; Koch Bros. Monster Out of Control; Ghost of McCarthy; Lessons from Germany; Gen. Vo Nguyen Giap; Mission Accomplished? More Responses; Annnouncements- Trans-Pacific Partnership Forum - New York-Oct 25; Concert Celebration for Jon Fromer - New York-Oct 26 Social Cost of America's Race to Incarcerate - Chicago-Nov 7; Shorts, Job Announcement

Tidbits - October 3, 2013

Portside
Reader Comments: Eliseo Medina and UFW; American Exceptionalism; Income Gap;Atomic Bomb Near Mishap; Walmart; Govt Shutdown; Syria & Peace movement; South Africa; Iran; Prisons for Profit graphic; Announcements - National Teach-In on Syria -Oct 8; Che Guevara Assassination - Bay Area-Oct 19; Support CUNY Students; Organizing Boot Camps-United Students Against Sweatshops; Economic Bill of Rights for the 21st Century - New York-Oct 18; Job Opening at In These Times
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