If poor people knew how rich rich people are, there would be riots in the streets. — Chris Rock The wealthiest 20 individuals in the United States — a group small enough to fly together on a Gulfstream jet — have as much wealth as the 152 million people who comprise the bottom half of …
Tag: wages
Election Year 2016: The Rise of the Angry Populist — and Why it Matters
The 2016 presidential election year in many ways reflects the way in which reality TV — never at a loss for drama, exhibitionism and outrage — has begun to influence political theater. Political races have always been, to an extent, a dog-and-pony show. But GOP candidate Donald J. Trump's out-sized assertions and foot-in-mouth moments don't …
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Going Broke: Veterans of a Post-American Economy
What do an aircraft engine falling to pieces in mid air and a cruise ship crankcase splitting open and erupting into flames have in common? More evidence of globalization gone bad.