We keep reading Trump chastising politicians who are answerable only to their super pac donors. Although that is a terrible distortion of our democratic election, we should recall that it was imposed upon us by the 5/4 Supreme Court decision (dominated by Republicans) who decided corporations are people and can contribute unlimited funds to campaigns thru their disguised proxies, super pacs.
Sometimes, I thank God for my middle-class status. This is why...
What horse owners do with their money between races
With growing inequality and the civil unrest from Ferguson and the Occupy protests fresh in people’s mind, the world’s super
Being rich re-wires your brain and your environment in such a way that it’s easy to feel entitled to your money and harder
The richest 1 percent of Americans have seen their average income jump more than 270 percent over the past five decades. Read
One thing probably not helping the narcissism divide is the growing income gap. The top 20 percent of Americans saw their
America's top 1 percent saved their money at a rate of 37 percent last quarter, according to a recent survey from American
Incomes for the bottom 90 percent of Americans only grew by $59 on average between 1966 and 2011 (when you adjust those incomes for inflation), according to an analysis by Pulitzer Prize-winning journalist David Cay Johnston for Tax Analysts. During the same period, the average income for the top 10 percent of Americans rose by $116,071, Johnston found.
Another day, another mind-blowing fact about the staggering difference between the haves and the have-nots. To put that into
Though the U.S. has the most billionaires in the world, a number of developing countries are minting new wealth, according
In the final part of our three part interview, Thomson Reuters Digital Editor Chrystia Freeland spoke with us about the super
Thomson Reuters Digital Editor Chrystia Freeland recently spoke with us about her new book, Plutocrats: The Rise of the New
Between 1900 and the 1950s, average Americans beat down plutocrats every bit as dominant as ours. Most Americans today, unfortunately, have no inkling that this huge transformation ever took place.
America today urgently needs a 21st-century Henry George -- a thinker who embraces the wealth-creating power of capitalism, but squarely faces the inequity of its current manifestation.