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The Secret to the Uber Economy is Wealth Inequality

Leo Mirani Quartz
The so-called Uber or “on-demand” economy is a rerun of the oldest sort of business: middlemen insinuating themselves between buyers and sellers. The vital ingredient, without which this new economy would fall apart, is inequality. All that modern technology has done is make it easier, through omnipresent smartphones, to amass a fleet of increasingly desperate jobseekers eager to take whatever work they can get.

Friday Nite Videos -- December 5, 2014

Portside
Chokehold Death Protests. Economic Agenda for America. Springsteen: My Oklahoma Home. She's Beautiful When She's Angry. The Feather and the Cannonball.

Race inequality between US Whites and African-Americans by the Numbers (Again)

Juan Cole Informed Comment
African-Americans are disproportionately likely to be poor, they are only a quarter of Americans living in poverty; whites make up about 41% of the poor. Those white Americans who don't want to help the poor because they'd be helping people of another race are actually screwing over white people big time. The wealth gap between /white and African-American families tripled between 1980 and 2009.

Race inequality between US Whites and African-Americans by the Numbers (Again)

Juan Cole Informed Comment
African-Americans are disproportionately likely to be poor, they are only a quarter of Americans living in poverty; whites make up about 41% of the poor. Those white Americans who don't want to help the poor because they'd be helping people of another race are actually screwing over white people big time.The wealth gap between /white and African-American families tripled between 1980 and 2009.

Tidbits - November 20, 2014

Portside
Reader Comments- Keystone XL-What Next; Mexico; Elizabeth Warren; Voter Suppression; War and Democracy; A White Manifesto?; US-China Climate Accord; Responses to Naomi Klein; Schools and Prisons; Housing Discrimination; FBI Plot - Martin Luther King Suicide; Net Neutrality; Global Economic Divide; COSATU and NUMSA; Announcements - 2014 & Looking Forward to 2016- New York- Dec 2; Voter, Civil & Workers Rights- New York- Dec 11; She's Beautiful When She's Angry- showings

The Federal Reserve Won't Save the Economy for All

Joelle Gamble Next New Deal
There is no silver bullet in this fight for economic justice. Not one public official, nor one economist, nor one President will solve our mess. A return to democratic principles and a deepening of participatory process is what it will take to uplift the working class.

Why the Economy Is Still Failing Most Americans

Robert Reich Robert Reich
It used to be that economic expansions improved the incomes of the bottom 90 percent more than the top 10 percent. But starting with the “Reagan” recovery of 1982 to 1990, the benefits of economic growth during expansions have gone mostly to the top 10 percent. Since the current recovery began in 2009, all economic gains have gone to the top 10 percent.

Making Top Colleges Less Aristocratic and More Meritocratic

Peter Dreier and Richard D. Kahlenberg The New York Times
Colleges and universities, which receive enormous tax benefits to serve the public interest, should be held to a minimum level of effort to enroll and graduate low-income and working-class students eligible for Pell grants. Governments could also provide financial rewards targeted to universities that commit to increasing socioeconomic diversity and that shift their funds from non-need merit grants to students in actual need.
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