Tagged: Extreme Inequality
Walmart's explosive growth has gutted two key pillars of the American middle class: small businesses and well-paid manufacturing jobs.
How can you tell a really smart rich guy from a really silly one? The really smart one would never spend four years writing a book that tries to justify the incredible riches of incredibly rich people. Mega-millionaire Edward Conard has done just that.
Some 300 uber-rich corporate plutocrats and their political hirelings have pledged at least $100 million to bombard the Obama campaign with viciously negative ads.
In "99 to 1," Chuck Collins pulls together detailed information about the 1 percent and the 99 percent in all realms of society, the causes and consequences of this deep inequality, and what can be done about it. His book provides answers to the growing population of everyday Americans who are paying closer attention to the 99 percent movement.
The Occupy movement has made millions of Americans think harder about our economic, environmental, and political realities, and that has the potential to change everything.
Retail sales are up in the top 1 percent's plutonomy, but down in the realonomy where the other 99 percent live.
Whether they manage football pageants or Ford Motor Co., these guys remind us how much needs to change, economically and politically, in 2012 and beyond.
Our Institute for Policy Studies resource Inequality.org offers a portal for all things that touch on economic inequality, everything from data and statistics to news and analysis.
If you have to ask what it costs, you can't afford to shop in this town.
In this segment from The Big Picture, Sam Pizzigatti tells Thom Hartmann what lesson President Obama can learn from past presidents to get this economy working again for everyone, and not just the richest one percent.