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.
Thomas Piketty
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Capitalism as Obstacle to Equality and Democracy: The U.S. Story
The conclusion we draw from the U.S. story is not that efforts to reverse deepening inequality are foredoomed to failure – it is that mere reforms such as tax law changes are inadequate to the task. To make reforms stick requires going further to basic system change.
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"New Gilded Age" Reaches New Heights With World's Billionaires Owning Staggering $6 Trillion
In a new study, the Swiss financial firm UBS found that the wealth of the world's billionaires grew by 17 percent in 2016, bringing their combined fortune to more than double the GDP of the United Kingdom.
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Why Are There Suddenly Millions of Socialists in America?
It used to be a dirty word. Bernie Sanders helped remove the stigma – but it’s the spectacular failure of capitalism that has really changed people’s minds.
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Economists Agree With Most Americans: Raise Taxes on the 1%
What could a tax-the-rich plan actually achieve? As it turns out, quite a lot, experts say.
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Thomas Piketty to Angela Merkel: Austerity Has Failed
The never-ending austerity that Europe is force-feeding the Greek people is simply not working – now Greece has loudly said no more.
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The Time For A New Economics Is At Hand
Just as Occupy Wall Street aimed at exposing the failures of the financial industry, the kick-it-over campaign aims to expose the failures of the economics profession.
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Totalitarian Democracy Now
The 1% has no intention of giving up its wealth or its power, so the challenge facing us is well worth accepting.
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New Oxfam Report Shows Half Of Global Wealth Is Held By the 1%
Rising inequality is dangerous. A concentration of wealth capturing power is leaving ordinary people voiceless.
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Why the Rich Are Getting Richer – And Why It Could Get Much Worse
Nobel laureate Joseph Stiglitz has been writing about America’s economically divided society since the 1960s.
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"We Need Permanent Revolution": How Thomas Piketty Became 2014’s Most Influential Thinker
Piketty’s book is surely the most influential published by an economist in a generation.