Elites are finding more ways to ensure that their children never run out of chances to fail.
More than two-thirds said it's no longer commonplace for hard work to be a path from poverty to wealth, according to a new World Economic Forum poll.
While the recent rise in poverty may be attributed to poor economic growth policies during the Obama Administration, the sustained high rates of poverty over the past 50 years are striking evidence that it is time for new approaches to support economic success.
She struck me as being quite insecure, socially and sexually. Yes, that's accurate. I wanted her to be someone with whom
High-level Senate staffers are overwhelmingly white. Low-level service workers are overwhelmingly black and Latino.
The Occupy Wall Street movement and now Bernie Sander's embrace of democratic socialism claim that anti-government politics have gutted the American dream, created inequality in income, wealth, and privilege not seen since the 1920s, and led to economic dysfunction.
The United States is among the richest countries in all of history. But if you're not a corporate or political elite, you'd never know it.
There is no city in the nation that's growing faster than the population of 70 million Americans with criminal records. As one of them, former real estate developer R.L. Pelshaw is determined to turn this costly societal burden into an opportunity.
Despite rapid innovations in technology in the last decade, America, and in particular the middle class, is still muddled in an economic slowdown.
Conservatives believe that if blacks and Latinos simply work hard, get a good education and earn a good income, historical racial wealth gaps will disappear. The problem is that this sentiment ignores the ways that race continues to affect Americans today.
The time is ripe for community colleges to start partnering up with young tech companies. I'm proud that our company is leading the industry in forging a new kind of relationship.
People across the political spectrum might disagree on the causes of why mobility has stagnated, but it is obvious that more education, and especially a scaling up of community college education, should be part of the solution.
Recent studies of the non-voting population suggests that wide gaps have opened up between voters and non-voters.
Think white privilege doesn't exist in America? Consider just how much the color of a child's skin changes his or her odds of escaping poverty later in life.
The rich won't be so easy to persuade -- in a massively unequal society, even modest economic growth still benefits economic elites. Don't worry about growth, worry about inequality.
In a market economy, the median voter's income will invariably be below the national average creating an apparently compelling opportunity for a politics of redistribution. This makes the sustained increase in income inequality in the United States and other developed countries a bit of a puzzle.