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new gilded age

The Great Divide

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In General
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On June 29, 2014
Joseph Stiglitz is ending his The Great Divide series on the Times and in doing so notes that extreme economic inequality under capitalism is not inevitable, but rather a series of policy choices: So why has America chosen these inequality-enhancing policies? Part of the answer...
Geoff Colvin at Fortune has precisely the reaction to the income inequality debate as you'd expect: "BORING!!!!" I suspect I’m not the only one suffering from severe inequality fatigue. The debate over income inequality is now officially the most boring debate in America, and that’s...
I talked a bit about the emissions problems at the Sriracha factory last fall. In short, residents living near a chile sauce factory that is indifferent to emissions violations do not have a good life. The conflict has come to a conclusion and how that...

QOTD

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On May 21, 2014

What? Why does the United States only have the 4th highest level of income inequality in the (rather broadly defined) developed world? This nation did not steal half of Mexico.

Fearing the Poor

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On May 21, 2014

For controlling the world, today's plutocrats sure do scare easily: Whether it's this cover or comparing mild criticism of income inequality to Krystallnacht, the elites in this New Gilded Age.

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