Tag: new gilded age

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Michael Bloomberg’s America

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On December 18, 2013
Speaking of the New Gilded Age, Michael Bloomberg sure is the perfect plutocrat/political leader for it: It was only a matter of time — assuming Michael Bloomberg couldn’t run out the clock for two more weeks — before a reporter managed to ask the mayor about the New York Times’ five-part, lose-your-faith-in-humanity story on Dasani, […]

Responsibility

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On November 23, 2013
After the Tarzeen fire and Rana Plaza collapse in Bangladesh over the past year, killing over 1200 workers in total, European companies subcontracting to those factories have stepped up and built a system of compensation for the families of the dead, the injured, and the unemployed. And that’s a positive. The American companies–not so much: […]

Suffering For Thee But Not For Me

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On November 14, 2013
Boeing CEO Jim McNerney is a sociopath: What we’re hearing from the Boeing Machinists right now isn’t just the usual labor-management posturing. It’s a primal scream of the middle class. When a union boss the other day called Boeing’s offer to do the 777X jetliner work here a “piece of crap,” he was of course […]

The War on Workers

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On November 3, 2013

Mike Konczal usefully summarizes Gordon Lafer’s new report on the Tea Party’s class warfare. Although the media and most blogs have focused on Tea Party legislators’ work to undermin

Our Struggling One Percent

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On October 22, 2013
Won’t somebody think about the plutocrats? There are millionaires, there are billionaires, and then there are the people who earn over a billion dollars in a single year. For the first time ever, the financial research firm GMI Ratings has found two CEOs making over $1 billion in annual income, according to the firm’s 2013 […]
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