
For Minimum Decency, a Maximum Wage
Amid rising inequality, a new book argues, the notion of capping income has suddenly become politically plausible.
Amid rising inequality, a new book argues, the notion of capping income has suddenly become politically plausible.
Since 1980, government programs have been failing America’s poor. The GOP tax legislation essentially re-engineers government to fail America’s middle class, too.
No savings, investments or home equity. This economic dystopia looms for minority families, and so does a choice: Do we want America to be more like Brazil or Canada?
The deeply unequal America of 2006 had a greater proportion of low-wealth households than the America of earlier postwar decades — that contrast really mattered.
These deep pocket picks reflect the harsh reality of America’s unequal distribution of wealth.
A more equal distribution of wealth would make downturns in the economy less devastating.
The only thing Koch’s new campaign is missing is the truth: we need policies aimed at redistributing wealth.
We can’t just tax billionaires’ paychecks. We should tax the wealth they’ve already amassed.
What the negative wealth at the bottom of the economic spectrum says about our overall economy matters deeply.