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Dedicated
to the notion
that our world would be considerably more
caring, prosperous,
and democratic if we narrowed the vast gap
that divides our wealthy
from everyone else. |
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- John McCain’s Superstar CEO Apostle of Innovation
- Former Hewlett-Packard chief exec Carly Fiorina, the top voice on economic policy for the McCain campaign, doesn't represent everything that's wrong in Corporate America's executive suites. But she comes close. We explain.
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- The Unsung Story of the New Deal's Greatest Victory
- Franklin D. Roosevelt's struggle against economic royalists lived on — and triumphed — after his death. But not in the United States. New Dealers had their last and most lasting hurrah in Japan. A new analysis shows how. The details..
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- Risk, Disaster, and Wall Street Mega Windfalls
- Excessive rewards for top execs help explain why Wall Street has gone so flamingly wrong. But analysts are still shying from an obvious answer for setting things right. We have more on Wall Street and America's soaring income gap.
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- The World's Billionaires: A New Count, a New Record
- All the deep pockets on the new Forbes global billionaire list could comfortably fit into a single medium-sized opera house. These fortunates, incredibly, now hold more wealth than half the world's adult population. The story.
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- And
more from the Too Much archive . . .
- Barack Obama's go-to-guy on economics . . . Why we shouldn't be cheering billionaire gifts for dear old alma mater . . . Do Wall Street wheeler-dealers ever create jobs? . . . Subprimes, people of color, and people in power suits . . .A Harvard prof's call for a “maximum wage” . . . Why we need a campaign on “extreme inequality”: a PowerPoint presentation . . . Inequality and extinctions . . . War, taxes, and our awesomely affluent . . . Can learning make us less unequal? . . . Pepsi and the CEO surplus paradox . . . Why
not tax the rich like Ike?
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Stat of the Week
Social Security, the program’s trustees reported last month, faces a shortfall that will over the next 75 years equal 0.56 percent of U.S. Gross Domestic Product. That share of GDP, the Center for Budget and Policy Priorities noted last week, actually amounts to less than the 0.6 percent share-of-GDP cost, over the same period, of extending the Bush 2001 and 2003 tax cuts for America’s top 1 percent. |
Quote
of the Week
“We've been through one of the most intense periods of wealth creation and wealth concentration probably since the industrial revolution.”
Denis Bastin of Oliver Wyman management consulting, commenting on his firm's announcement that the world's financial millionaires now hold an estimated $50 trillion in assets.
Wall Street Journal, April 5, 2008 |
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