"Words that make actions speak louder."
American corporate CEOs, an eye-opening new study documents, have discovered a quick fix that almost guarantees good times for the executive set. They kill jobs. If you started last year on the payroll at Verizon or Alcoa or Boeing or IBM, you may have found yourself off the payroll by year’s end. All these American […]
Today marks the 100th anniversary of what may be the most ‘radical speech’ an American ex-President has ever delivered. The words of that former President, Theodore Roosevelt, still ring incredibly true today. By Sam Pizzigati and Chuck Collins Ex-Presidents almost always follow a small number of well-worn scripts. Some rush to cash in on their […]
‘Soak the rich,’ after years in the shadows, has suddenly become a policy option fit for discussion in ‘respectable’ media circles. At long last, we may be witnessing a fundamental paradigm shift in how we, as a society, talk about taxing the rich. Until this summer, no national pundit — at least no pundit in […]
The takeaway from the latest top gun flame-out at Hewlett-Packard: Chief executive ‘success,’ in America today, essentially demands no more than greed and a developmentally arrested ego. The tall tales we’ve inherited from ages long gone we call myths. The tall tales that spook our contemporary everyday life we call “urban legends.” But we’ve yet […]
A new study says super-rich candidates who personally bankroll their own campaigns almost always lose. But that, unfortunately, doesn’t make the rest of us winners. The ticker on billionaire Meg Whitman’s personal outlays for her California gubernatorial campaign has now hit $91 million. But Whitman, this election season, is hardly spending alone. In Connecticut, entertainment […]
New data — for 2008 — have revealed a shrinking gap between the rich and the rest of us. But the nation’s top high-income tracker isn’t celebrating. And neither should we. Will the Great Recession, once the dust settles, leave the United States less unequal? A reasonable question. The last time the United States experienced […]
Make room for a new right-wing assault on scientific research. In the cross-hairs this time: the massive epidemiological evidence on inequality’s horrific toll on our health and overall well-being. Just over three decades ago, in 1979, an obscure research paper began a scientific revolution — on how we think about what makes us healthy. Up […]
The staggering gap between CEO and worker pay, new research from three business scholars suggests, has left America’s workplaces still more nasty, brutish, and short. We have today in academia, after 30 years of rising CEO pay, a vast scholarly literature on CEO compensation. Much of this vast literature revolves exaltingly around “pay for performance,” […]
Over half of America has already felt the Great Recession, personally and profoundly. Yet life at our economy’s summit remains ever so sweet. That’s a bitter reality we really ought to start confronting. The ranks of the hurting — in Great Recession America — may be far broader than almost any of us have up […]
Just in: new data on our staggering income gap. Just emerging: a better understanding why such gaps make economic calamities inevitable. Years ago, in the mid 20th century, no one in the United States spent much time talking about rising income inequality, for the simple reason that inequality wasn’t rising. But that all began to […]