When the trickle-down theory first took off in the 1980s, the argument was that tax cuts lift all boats. After 50 years, no one can continue to make this claim—yet they still do.
My part of the world is full of people who, according to most of my liberal friends, “vote against their own interests”.
We must see real estate market for what it truly is: an institution rooted in settler colonialism that allows land (and the housing that sits atop it) to be distributed and controlled by those who have enough money for their preferences to matter.
The upward redistribution of income has cost Americans workers $50 trillion over the past several decades. On average, extreme inequality is costing the median income full-time worker about $42,000 a year.
Disney employees in Florida and California cry foul as the entertainment giant uses promised one-time bonuses as a bargaining chip against higher pay raises.
Spread the word