In 2016, CEOs at America’s largest firms made, on average, 271 times more than the average US worker. Fifty years ago, that ratio was 20-to-1. … Top CEOs Make 271 Times More Than the Average AmericanRead more
Inequality
Posted inChina / Economics / Inequality / News
China’s 1 percenters are now worth as much as the GDP of the United Kingdom
China’s latest rich-list of 2,030 people controlling fortunes of $300M or more now totals $2.6 trillion, as much as the UK GDP. Topping the rich-list … China’s 1 percenters are now worth as much as the GDP of the United KingdomRead more
Posted inInequality / Politics / ToMl / USA Empire
Americans Tolerate Inequality Because They Over-Estimate Their Odds of Coming Out on Top
John Steinbeck conjectured in 1966 that there is not much support for redistribution in America because the working poor saw themselves as “temporarily embarrassed millionaires” … Americans Tolerate Inequality Because They Over-Estimate Their Odds of Coming Out on TopRead more
Posted inEconomics / Housing / Inequality / ToMl / USA Empire
The residents may be poor but the owners are getting rich
The number one rule is stated twice, once in the classroom and once on the bus: “Don’t make fun of the residents.” Welcome to Mobile … The residents may be poor but the owners are getting richRead more
Posted inEconomics / Housing / Inequality / ToMl / USA Empire
Living the American Dream in a Trailer Park
All too often, they’re the butt of jokes and stereotypes — mobile home parks and the “trailer trash” who live in them. But the 50,000 … Living the American Dream in a Trailer ParkRead more
Posted inAboriginal / Economics / Inequality / News / USA Empire / Women
Native American women have the highest rate of poverty
According to the American Association of University Women, AAUW, Native American women are discriminated based on gender and race, which increases the already staggering pay … Native American women have the highest rate of povertyRead more
Posted inEconomics / Inequality / ToMl
How Wealth Managers to the Super-Rich Undermine Society and What We Can Do About It
Recent years have seen a tremendous amount of scholarship and commentary on the growth of inequality in the United States and what can be done … How Wealth Managers to the Super-Rich Undermine Society and What We Can Do About ItRead more
Posted inEconomics / Inequality / ToMl / Worker
How Corporate Family Leave Policies Are Fueling Inequality
Some major U.S. corporations recently made headlines by creating relatively generous paid parental leave policies—but a new report out Wednesday shows that most companies only … How Corporate Family Leave Policies Are Fueling InequalityRead more
Posted inEconomics / Health / Inequality / ToMl / USA Empire
Growing gap between longest and shortest lifespans in the US
Babies born today in 13 US counties have shorter expected lifespans than their parents did when they were born decades ago, according to a new … Growing gap between longest and shortest lifespans in the USRead more
Posted inEconomics / Inequality
Now Just Five Men Own Almost as Much Wealth as Half the World’s Population
Last year it was 8 men, then down to 6, and now almost 5. While Americans fixate on Trump, the super-rich are absconding with our … Now Just Five Men Own Almost as Much Wealth as Half the World’s PopulationRead more