A Regular Davos Theme
Red Pepper (UK)
Highrisers
Cartoonist Group
labor
Widening Inequality Shatters Mirage of Social Mobility
Inter Press Service
Growing income inequality will pose a major threat to social stability in countries around the globe, according to a new report by the World Economic Forum.
labor
The Insanity of Our Food Policy
The New York Times
FARM subsidies were much more sensible when they began eight decades ago, in 1933, at a time when more than 40 percent of Americans lived in rural areas. Farm incomes had fallen by about a half in the first three years of the Great Depression. In that context, the subsidies were an anti-poverty program. Now, though, the farm subsidies serve a quite different purpose.
The Income Tax Turns 100 — Who Pays What?
Bill Moyers and Company
How is it that American corporations are paying a smaller share of federal income taxes when the rates paid by individuals dropped much further? It’s simple: ordinary American families don’t have teams of lobbyists to win them loopholes or armies of tax accountants and attorneys to exploit them.
labor
Employment Gap Between Rich, Poor Widest on Record
AP
"The people at the bottom are going to be continually squeezed, and I don't see this ending anytime soon," said Harvard economist Richard Freeman. "If the economy were growing enough or unions were stronger, it would be possible for the less educated to do better and for the lower income to improve. But in our current world, where we are still adjusting to globalization, that is not very likely to happen."
Wealth Inequality in America
The distribution of wealth in America is way more unequal than we think it is or than we think it should be. These are the real numbers, and they're hard to believe.
Tidbits - August 22, 2013
Portside
Reader Comments: Chelsea Manning Sentencing; Egypt; Koch Bros.; Kerry and the Mideast Peace Process; Petition to Hold Kerry Accountable; False History; Labor Unions At Another Crossroad-Exchange (Martin Morand & Bill Fletcher); Dawkins Dresses Up Bigotry;
Announcement: Encore-The Blacklisting of Hope Foye - Los Angeles-Aug 24
Resources: The Unfinished Dream - The March on Washington & the Radical Legacy of Martin Luther King
'Inequality in America: The Data Is Sobering'
The New York Times
Inequality.is Makes Plain What Inequality Is
Our Future
On the website launched by the Economic Policy Institute, you can learn how income is actually distributed in the U.S. among the top 10 percent and the bottom 90 percent, see how your specific characteristics determine your wage, and see how it can be that regular workers are working more today but not reaping the rewards.
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