Tags » Economic Inequality

"Ferguson, Watts And A Dream Deferred": Things Have Gone Off Track And Unlikely To Be Reversed In The Foreseeable Future

When rioting broke out in the Watts section of Los Angeles in the summer of 1965, African-Americans didn’t — couldn’t — know it yet, but the next three decades would turn out to be a period of sustained gains in terms of income, jobs, education and the status of blacks relative to whites. 1,500 more words


"What’s Exceptional About Ferguson, Missouri?": Not The Heart Of The Crisis So Much As A Capillary That Finally Broke

“This whole area, this city is a racial powder keg,” one man at a protest in Ferguson, Missouri told the LA Times, two days after a police officer shot and killed an unarmed black teenager named Michael Brown. 515 more words

Economic Inequality

"A Systemic Problem Of Enabling The Rich": Growing Income Gap Is Ripping The Social Fabric

Perhaps it’s a sign of the times that one man’s act of altruism has attracted national attention. Raymond Burse, interim president of Kentucky State University, has given up more than $90,000 of his annual salary in order to boost pay for the lowest-paid workers at the college, some of whom earn as little as the minimum wage of $7.25 an hour. 658 more words


"Inequality Is Natural": The Big, Long, 30-Year Conservative Lie

First came Occupy Wall Street, and its pitch-perfect slogan on inequality: “We are the 99 percent.” After that movement fizzled, Thomas Piketty, the handsomely ruffled French professor, released a 685-page book… 1,004 more words


"Inequality Is A Drag": There’s No Evidence That Making The Rich Richer Enriches The Nation

For more than three decades, almost everyone who matters in American politics has agreed that higher taxes on the rich and increased aid to the poor have hurt economic growth. 801 more words


"The Poor Door": A Symbol Of A Truth We All Know

A few words about the “poor door.”

Maybe you already know about this. Maybe you read on Slate, saw on Colbert or heard on NPR how a developer qualified for tax benefits under New York City’s Inclusionary Housing Program by agreeing to add to its new luxury building on the Upper West Side a set number of “affordable” apartments. 596 more words

Economic Inequality

"Work And Worth": What Someone Is Paid Has Little Or No Relationship To What Their Work Is Worth To Society

What someone is paid has little or no relationship to what their work is worth to society.

Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the  703 more words