Portside

SEC official slobbers over private equity titans, suggests his son might want a job in the field

When more and more can be done by fewer and fewer people, the profits go to an ever-smaller circle of executives and owner-investors. It may be that a redistribution of income and wealth from the rich to the rest of us becomes the only means of making the future economy work.

Reader Comments - Today's Student Protests; Vietnam War History, My Lai; Slavery and the Making of American Capitalism; Israel - Right Wing Nation with Nukes; Unions Key to Fighting Inequality; Women Fighters; Venezuela Sanctions; Socialists, Socialist Movement and Socialism; Human Genome Tinkering; Hey, World! Let's create a nuclear-free future -- April 24-26, New York City Remembering Jean Hardisty, Geraldine Blankinship and Grace Paley

As CAPITAL & MAIN's “State of Equality” series has documented, economic inequality poses a grave threat to California’s future. Conditions would be far worse if not for progress made by activists, community leaders and lawmakers. In the last several years, California has generated some of the nation’s most innovative and effective strategies to reverse inequality. Here Judith Lewis Mernit lists 10 landmark achievements worth celebrating,emulating and strengthening.

If the top one percent were taxed at the same rate as the middle 20 percent, states and localities would raise $68 billion per year. Similarly, if the top 20 percent paid the same as the middle 20 percent, states and localities would generate $128 billion each year.

Runaway CEO Pay in 30 Seconds. Jimmy Greene -- Where Is the Love? Delta Flight Attendants: Vote Union. Baba Brinkman – So Infectious. Vindicating Freedom Fighters.

Increasing inequality and poverty are very far from inevitable. They’re the result of political and economic decisions.