The Oligarchs Who Abuse Real Estate

On Monday, my On TAP was about the federal Corporate Transparency Act, and its potential to smoke out the hidden wealth of oligarchs, Russian and otherwise. Regulations to carry out the CTA have not been finalized yet, and one limitation is that it requires disclosure...

Making the Most of Your Luck

Chuck Collins is a traitor to his class and proud of it. The great-grandson of meatpacker Oscar Mayer, he grew up in affluent Bloomfield Hills outside Detroit, went to the same elite Cranbrook School as Mitt Romney, and enjoyed the entitlements that come with...

Closing the Racial Wealth Gap

The racial wealth gap has gotten so wide that if the average wealth of black families continues to grow at the same pace it has over the last 30 years and the average wealth of white families remained stagnant, black families would still need a stunning 228 years to...

Bernie, Pope Francis, and the Moral Economy

Bernie Sanders is on his way to the Vatican, with high hopes of a meeting with Pope Francis. Wouldn’t you love to be a fly on the wall during that conversation? I imagine them bonding over the moral economy and their shared concern about the idolatry of money. Between...

Report: Nation’s Wealth Gap Wider Than Believed

Over the past few months, Bernie Sanders has repeatedly declared that the top one-tenth of 1 percent of U.S. earners own nearly as much wealth as the bottom 90 percent. That claim has drawn the skeptical scrutiny of PolitiFact, which attributed it to a study by...

The Inclusive Strength of #BlackLivesMatter

… “The Movement for Black Lives (M4BL) Convening at Cleveland State University brought together more than 1,000 activists and organizers from across the U.S., and even from other countries. Nearly one year after the death of Michael Brown in Ferguson, the...