With America facing the greatest income gap since the Great Depression, the largely unpublicized link between financial inequality and drug addiction suggests big trouble ahead.
According to the US Census, 46.2 million people lived in poverty last year in the United States. Economist Heidi Shierholz explains why the real number is even bigger.
As a global protest movement rises and spreads within the US, expect surveillance tactics honed in the "war on terror" to be used in the defense of wealth.
Robert Reich, Robert Reich's Blog. August 21, 2011.
We're slouching toward a double dip, and the stock market is imploding, because consumers – whose spending is 70 percent of the economy – have reached their limit.
With an unprecedented sum of wealth held within the top one-tenth of one percent of the US population, we now have the most severe inequality of wealth in US history.
The economic elite have at least $46 trillion in wealth – but who are they? We look at the people and the industries picking the pockets of the working class.
The economic crisis has hit most families hard--but since many black families had less wealth to start with, its impact on them has been nothing short of disastrous.
The top dogs have a huge interest in allocating corporate resources to jack up their companies’ stock prices, thanks to some terrible decisions by the SEC.
Noam Chomsky, Michael Lerner, Tikkun. June 14, 2011.
In the past thirty years there has been enormous concentration of wealth in a very tiny part of the population. Noam Chomsky talks about how to fight back.
How do they make so much money? Where does it come from? How can hedge fund firms with fewer than 100 employees make as much profit as firms with thousands of employees?
The great majority of Americans make about $30K a year. Incoming lawmakers, however? Extensive personal investments in Wall St. banks, oil giants and drug makers.
