Low-income workers from 150 U.S. cities and 33 countries in protests on Thursday to call attention to wealth inequality.The protest comes amid a national push to raise the minimum wage - and it could mark a significant moment in the campaign, according to John Logan, a professor of labor and employment studies at San Francisco State University.
Journalist Matt Taibbi tells Real Time's Bill Maher about the criminal inequalities between the rich and the poor in the USA - meaning that, for example, people who have committed $800 of fraud are not allowed to see their kids again while those that have stolen billions have not been punished.
Everyone deserves a great public education, but better schools alone can’t fight inequality.
We must be careful of how we measure our progress. If we use the wrong metrics, we will strive for the wrong things. Economic growth as measured by GDP is not enough—there is a growing global consensus that GDP does not provide a good measure of overall economic performance. What matters is whether growth is sustainable, and whether most citizens see their living standards rising year after year.
The dramatic and widening gap in household wealth along racial lines in the United States reflects policies and institutional practices that create different opportunities for whites and African-Americans. Personal ambition and behavioral choices are but a small part of the equation.
Despite decades of efforts on behalf of equal pay for women, women still earn on average 77 cents for every dollar a man earns. Legislation increasing the minimum wage to $10.10 would narrow that gap by 5 percent
Natural and social scientists develop new model of how 'perfect storm' of crises could unravel global system.
Based on the leaks — and the history of arrangements in past trade pacts — it is easy to infer the shape of the whole TPP, and it doesn’t look good. We should accept the short-term pain, [some] say, because in the long run, all will benefit. But as John Maynard Keynes famously said in another context, “in the long run we are all dead.” In this case, there is little evidence that the trade agreements will lead to faster or more profound growth.
We could dramatically reduce the financial sector or cut its profits, salaries and bonuses without harming the economy.
Rahm Emanuel’s economic politics put him at the far right wing of the Democratic Party and out of step with the current breed of populist big-city leadership.
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