Even when sensible adults finally take back government, “back to normal” is not what we want.
Why should 20 million Americans working at full-time jobs (sometimes two or three jobs) receive such pitiful incomes that they are forced to rely on food stamps while their CEOs grow ever wealthier?
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"
No, Ben Carson, Slaves Weren't 'Immigrants'. The State That Beat Trump's Travel Ban Is Back in Court. The Dalai Lama: John Oliver. How Jails Extort the Poor | Salil Dudani. The Doomsday Clock, Explained.
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.
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