Posts Tagged ‘inequality’
Inequality in America
Inequality Nation; The American Dream Isn’t Dead, But It’s Dying by Progressive Populist By Brad Hennigan We’ve seen the stats. Wage growth for 70% of American workers has stagnated or declined over the last decade, while productivity has dramatically increased. During the same period, income growth for top earners, particularly the top 1%, has grown to the point that since the Great Recession, 95% of all new wealth generated in the U. S. has gone to 1% of its population. But how did ... Full Story
Who are the 1%, Vote Now
Know the Facts In just the last generation, the richest 1% almost quadrupled their incomes. The average wealth of the 1% is 225 times bigger than the wealth of the typical household – the highest it’s ever been. Three decades ago, CEOs made about 40 times as much as an average worker – now CEOs make almost 200 times as much as regular employees. Last year, half of Americans earned less than $26,000 while CEOs at top 500 companies raked in an average of $11 million. Over the ... Full Story
Inequality: A collision is coming
Inequality, unemployment and unresponsive government: A collision is coming By Robert B. Reich 6:00 a.m. EST, November 9, 2011 The biggest question in America these days is how to revive the economy. The biggest question among activists now occupying Wall Street and dozens of American cities is how to strike back against the nation's almost unprecedented concentration of income, wealth and political power in the top 1 percent. The two questions are ... Full Story
With Liberty and Justice for Some
By :Glenn Greenwald Book Excerpt As a litigator who practiced for more than a decade in federal and state courts across the country, I’ve long been aware of the inequities that pervade the American justice system. The rich enjoy superior legal representation and therefore much better prospects for success in court than the poor. The powerful are treated with far more deference by judges than the powerless. The same cultural, socioeconomic, and demographic biases that plague ... Full Story
