The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
wealth inequality
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How Long Can the Rich Keep Cheating the 99%?
America gained $16 trillion in financial wealth over the past 5 years, though most went to the very top economic rungs.
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Why Washington’s Polarization and Gridlock Work to Enrich the 1%
Washington gridlock helps the super-rich stay rich, and get richer. And the richer they get, the more the gridlock actually helps them.
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Move Over Mainstream: This Is What New Populism Looks Like
Occupy Wall Street provided the first volleys, but we'll need much more popular education and greater popular mobilization to grow a movement.
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Just Don't Talk About Power: Exposing the Davos Class
A new report by the Transnational Institute makes clear that the widening gulf between rich and poor is closely tied to an economic system that favors corporate rights over human rights.
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Davos Report: World's 85 Richest have Same Wealth As All of Bottom 50 Percent
The world's elite have rigged laws in their own favor, undermining democracy and creating a chasm of inequality across the globe.
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The Year of the Great Redistribution – When Wealth Went Upwards
“Trickle-down” economics turned out to be trickle up in 2013, as the stock market ended at an all-time high and gave stockholders their biggest annual gain in decades, as wealth transferred from some of the rich to others of the rich.
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Pope Francis Issues Manifesto Denouncing Global Economic "Tyranny"
In a major indictment of capitalism and free markets, Pope Francis criticized "the structural causes of inequality" and urged global leaders to fight poverty and provide work, healthcare and education to all.
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Swiss Voters Defeat Bill Seeking to Cap Executive Pay
Though voters rejected a proposal Sunday to limit top executives' salaries, anger over pay has tapped a nerve in Switzerland, where people are increasingly unhappy with rising wealth inequality.
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Hitting 15-Year Low, Average U.S. Worker Last Year Made $27,500
The median wage in 2012 sank to its lowest level since 1998, revealing that at least half of American workers are being left behind even as wages and income gains soar for those at the top.
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Number of Billionaires Is Growing Globally As Inequality Spreads
Gone are the days when U.S. billionaires accounted for over 40 percent of the global list, with Western Europe and Japan making up most of the rest. Today, the Asia-Pacific region hosts 386 billionaires, 20 more than all of Europe and Russia combined.