Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
income inequality
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8 Lessons U.S. Progressives Can Learn From the U.K. Labour Party
A grassroots network called Momentum, formed in 2015 to build participation and engagement in the Labour Party, mobilized 23,000 members and 150 local chapters through on-the-ground campaigning and social media.
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In the Last 40 Years CEO Pay has Risen 937% – But Worker Wages are Stagnant
A new report published by the Economic Policy Institute shows that while wages for American workers have remained stagnant for decades, CEO pay has soared at an “outrageous” clip – reaching an average of $15.6 million at the largest firms.
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Notting Dale Reveals Britain's Slide Back Toward Victorian Levels of Inequality
The area around Grenfell Tower has long been a frontline in the fight against racism, as communities have organized against their exploitation with some long-lasting success stories that can serve as lessons for today.
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Trump's Tax Proposal Would Push U.S. Below Greece on Inequality Index
According to the Commitment to Reducing Inequality index, if Trump's tax reform effort is successful, the U.S.'s specific rating on tax policies would plummet 33 places from 26th to 59th – just below Peru, Chile and Sri Lanka.
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Europe's Quietly Growing Poor Population Is Getting Louder
As of June, the European Commission stated that more than 240 million people now live on the poverty line – around one-third of the E.U. population – with a full 9 percent of citizens suffering from deprivation.
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Now Just Five Men Own Almost as Much Wealth as Half the World's Population
While Americans fixate on Trump, the super-rich are absconding with our wealth, and the plague of inequality continues to grow. Now, on average, each of the world's richest five men own nearly as much as 750 million people.
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"The System Is Rigged": Jeremy Corbyn Wants to Put Wealth Back in the Hands of Ordinary People
Ahead of next month's general election, the Labour leader said his party will overturn the rigged system by implementing fairer policies, including a minimum wage of £10 an hour and an increase in corporation tax for big businesses.
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CEOs Now Make 300 Times More Than Their Workers. This City Is Putting a Stop to That.
Runaway CEO pay contributes to income inequality and ultimately harms companies, so local governments aren’t waiting for a federal fix.
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New Evidence that Poor Americans Pay the Highest Taxes and Get Little of the Safety Net
Poor Americans pay about 25 percent in total taxes, while the 1% pays anywhere from 18 to 23 percent. Meanwhile, the richest 10% as a group receives almost as much government assistance as the poorest 50%.
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Forbes 2017 Billionaires List: "It Was a Record Year for the Richest People on Earth."
The number of billionaires jumped 13% to 2,043 from 1,810 last year – the first time ever that Forbes has pinned down more than 2,000 ten-figure-fortunes – while their total net worth rose by 18% to $7.67 trillion, also a record.
